Higher sales volumes combined with newfound production from the Lomas Bayas mine in Chile to keep Falconbridge (FL-T) financially steady during the three months ended June 30.The company earned more t…
There is an adage that recession uncovers what auditors do not. If that is so, then the recent one turned over a rock like nobody has seen in recent memory.The Enrons, WorldComs, and others have done …
More than 2,000 mine workers in England will lose their jobs following the closure of the country’s biggest coal mining complex, near the northern town of Selby.UK Coal, which has incurred losses of U…
A record A$7.6 billion will be spent exploring for gold in Australia in 2002-03, up from A$6.7 billion in 2000-01, according to a survey by the Australian Gold Council.Gold producers will account for …
Drilling by Aurizon Mines (ARZ-T) at the inactive Casa Berardi mine in northwestern Quebec has cut significant gold values east of known mineralization.The $2-million program, which is testing extensi…
Hoping to win over skittish investors, Diamond Fields International (DFI-T) has released new results from its marine diamond project off the coast of Namibia that suggest things are not as bad as its …
Stream-sediment sampling by the Ontario Geological Survey in the Mattawa-Cobalt corridor has identified significant kimberlite indicator minerals at several sites. The area is believed to host kimberl…
The federal government will provide $500,000 over two years to the Montreal-based Asbestos Institute, a non-profit organization that promotes the safe use of chrysotile asbestos.Natural Resources Cana…
Precious MetalsPrice (US$/oz.)ChangeGold$313.60-$4.15Silver$ 4.86-$0.14Platinum$520.00-$…
A pit-wall failure that killed a miner at the Kumtor gold mine in Kyrgyzstan will reduce this year’s production by 200,000 oz., says part-owner Cameco (CCO-T).The rock slide, which happened in early J…
Vancouver — Artificially high power prices brought on by an energy shortage in the U.S. battered the bottom line of Teck Cominco (TEK-T) in the second quarter.The world’s largest zinc miner earned $8…
Mining faces some of the most difficult challenges of any industry and is distrusted by many, according to a report by the London-based International Institute for Environment and Development (IIED).T…
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