News

Inco teams up with Chinese nickel producer

Nickel giant Inco (TSE) has entered a joint venture with Jinchuan Non-Ferrous Metals, a major producer of nickel and other ferrous metals in China and a subsidiary of China National Non-Ferrous Metals…


Mill City takes on foreign projects

Joint-venture partners Mill City Gold Mining (VSE) and MacDonald Mines Exploration (CDN) can earn a combined half interest in the Florencia-Jobabo gold concession in Cuba. The vendor, Geo Minera, has …


Caledonia affiliate upgrades Zimbabwe copper mine

Plans are afoot to expand the Sanyati copper mine, currently under development in Zimbabwe. Majority owner Reunion Mining, an affiliate of Caledonia Mining (TSE), intends to produce 5,000 tonnes of th…


Hemlo hits gold zone near Timmins

Toronto-listed Hemlo Gold Mines has intersected a gold-bearing alteration zone on the Sewell-Reeves property southwest of Timmins, Ont. The company is earning an interest in the 322-claim property fro…


Channel drilling in West Africa

Junior Channel Resources (VSE) is encouraged by drill results from its extensive land package in Burkina Faso, West Africa. Channel holds four concessions, covering 6,200 sq. km, in the region. These …


Crystallex to pour gold at Albino

The first gold pour is imminent at the Albino 1 concession in Venezuela’s Kilometre 88 district. Crystallex International (VSE) reports that the 400-ton-per-day mill is now fully operational and targe…


Anglo American a world player

The winds of change have had a significant impact on the politics and economics of South Africa, a nation known as much for deep gold mines as for its abundance of varied mineral wealth. Large mining …


EDITORIAL PAGE — Who is conning whom?

In October of this year, Paul Birckel, chief of the Champagne and Aishihik First Nations, fired off a letter to British Columbia Premier Michael Harcourt asking the government to withdraw its support …


Inco opens new coating facility

Phase one of the $17.3-million nickel coating facility of Inco Europe in Wales was recently inaugurated by Canadian High Commissioner Royce Frith. The high-tech project, at the Inco nickel refinery at…


Old Weedon mine site undergoes reclamation

It cost almost $4 million to reclaim an old copper mine site at Weedon, Que., about 100 km east of Sherbrooke. The work at the old mine site, which was fully operational in the 1950s, was wrapped up i…


NEWS ROUNDUP — Bell Moly, Adanac plan merger

The rising price of molybdenum has prompted two Vancouver-listed companies — Bell Molybdenum Mines and Adanac Mining & Exploration — to amalgamate. Shareholders and regulators have yet to approve th…


Metall selling Mobrun royalty to Cambior

Toronto-based Metall Mining (TSE) has agreed to sell its 4% net smelter return (NSR) royalty on production from the Mobrun polymetallic property of Audrey Resources (TSE) for $11 million to Cambior (T…


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