A newly released study by Canaccord Capital has found value among the ruins of the gold mining industry, even though the firm believes that this beleaguered sector may be in for further weakness in th…
A prominent indicator mineral anomaly is the focus of new work being done on the ATW Mackay Lake diamond property in the Lac de Gras region of the Northwest Territories.Kennecott Canada, a division of…
Eastmain Resources (ER-T) is acquiring BHP Minerals International’s interests in a portfolio of gold and base metal exploration projects in Eastern Canada.In return, BHP will receive a 3% net smelter …
In its first foray into the nickel business, Phelps Dodge (PD-N) has discovered a potentially significant nickel laterite deposit in central Madagascar.Over the last two years, the Phoenix-based coppe…
Column leach tests have returned higher-than-expected values from Northern Crown Mines’ (NCW-T) Guadalupe de los Reyes project in Mexico.The metallurgical testwork, which was performed by McClelland L…
The Russian government has announced that it will sell or close about one-third of its operating coal mines in 1998 in an effort to unload unprofitable operations and encourage the privatization of th…
Vista Gold (VGZ-X) has improved its cash flow by unwinding its gold hedge and suspending mining operations at the Hycroft gold mine in Nevada.The company liquidated its hedging position, which had cov…
Vancouver-based Poplar Resources (PPX-V) has signed an agreement with two prospectors who are reported to have made the first-ever diamond discovery in Sweden.The diamonds were found in a till boulder…
The comments made by David Gulley (“An historic juncture for gold,” T.N.M., Jan. 5-11/98) provide useful ammunition for those of us trying to persuade skeptics that gold has not had its day. Quite the…
The small community of Atlin, perched in a remote corner of northwestern British Columbia, was established in 1898 during the Klondike gold rush. Gold seekers, on their way to Dawson City, were divert…
Having completed sea trials and testing late last year, Namibian Minerals (NMR-T) has started commercial mining of diamonds at a concession off the coast of Namibia.The capital cost of the project was…
A 9-hole drill program by Trivalence Mining (TMI-V) will test the largest kimberlite pipe identified to date on the Aredor concession in Guinea, West Africa.The Antoshka pipe was first identified by R…
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