Improvements in operations and higher production at the Afema heap-leach gold mine in Ivory Coast gave rise to a strong second quarter for Eden Roc Minerals (edn-t).For the three months ended June 30,…
Toronto-based Greenstone Reources (gre-t) has entered into an agreement with Independence Resources (idn-v) to acquire and develop gold projects in Mexico.Greenstone will acquire 1 million units of In…
Over the next few years, NAR Resources (nrl-m) plans to spend US$2 million exploring greenstone belts considered prospective for volcanogenic massive sulphide deposits in Zimbabwe.The land package was…
Armed with a prefeasibility study that indicates its El Boleo copper-cobalt deposit in Baja California Sur, Mexico, is economic, International Curator Resources (ic-t) plans to hold discussions with p…
A consortium led by Vancouver-based Crew Development (cru-t) has been awarded the Chibuluma copper project in Zambia as part of the privatization of Zambia Consolidated Copper Mines (ZCCM).The Chibulu…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateAug. 12Aug. 11Aug. 8Aug. 7Aug…
Zinc mineralization was intersected by Mountain Lake Resources (moa-v) while drill-testing the Malisect nickel-copper prospect in the Bathurst area of New Brunswick.The property is 25 km west of the H…
Montana-based sapphire producer American Gem (gem-t) has raised $1.3 million in a private placement of 4.4 million shares at 30 cents each.The purchasers are Canadian and European institutional invest…
ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…
The start of production at the Nugget Pond mine, near Baie Verte, Nfld., enabled Richmont Mines (ric-t) to boost its operating cash flow tenfold in the second quarter, compared with 1996 levels. Also,…
Rescheduling of operations at Barrick Gold’s (abx-t) Goldstrike project in Nevada has boosted first-quarter earnings for Euro-Nevada Mining (an-t), while impeding those of sister company Franco-Nevada…
The author is a senior geologist at Watts Griffis & McOuat and has written the following article at the request of Keep Mining in Canada, a grassroots campaign designed to increase awareness of the im…
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