Newly listed Arimetco International (TSE) has some ambitious plans to develop low-cost copper mines in North America which make use of acid leaching followed by solvent extraction and electrowinning, …
A Gold Bar Resources (COATS) shareholder, who says he owns a 51% interest in the company, has initiated legal proceedings to prevent Gold Bar from selling part of its interest in a Gogama, Ont., gold …
Recently a number of students at the Haileybury School of Mines were awarded scholarships for general proficiency or outstanding academic performance. Among the winners were Darwin Fiske (Saskatchewan…
Shares of McNickel traded heavily for the week ended July 31, jumping 5 cents to close at 20 cents on a volume of 216,500. Rumour has it that the Muscocho group of companies, of which McNickel is a me…
Added production from the Ansil and Samatosum polymetallic mines, which both entered commercial production last summer, resulted in a 10-fold profit increase for Minnova (TSE) in the first half of 199…
At a capital cost of US$54 million, Asarco (NYSE) says it plans to build a new solvent extraction- electrowinning (SX-EW) plant at its Silver Bell mine in Arizona. The new facility, which should be co…
The Hislop East gold prospect in the Timmins-Matheson area of northern Ontario is inching closer to production as partners St Andrew Goldfields (TSE) and Goldpost Resources (TSE) forgo a final bulk sa…
International engineering and construction firm Fluor Corp. of Irvine, Calif., has sold its stake in the Pea Ridge Iron Ore Co. to Big River Minerals for nearly $12 million. Based in Sullivan, Miss., …
For the second time this year, Belmoral Mines (TSE) and Aur Resources (TSE) have worked out a deal designed to rescue Belmoral from its financial predicament and expand Aur’s influence in the Val d’Or…
For the first six months of 1990, Cyprus Minerals (NYSE) reported earnings of US$55.5 million, or US$1.17 per share, on revenues of US$894.8 million. The earnings were affected by a pretax US$27.5 mil…
The all-commodity price index of Scotiabank rose slightly in June, but the metal and mineral sub-index headed the other way as the price of gold dropped. The past few weeks have seen a rebound in the …
The new Swiss subsidiary of De Beers Consolidated Mines has swung a deal with the Soviet Union which gives De Beers a 5-year contract to sell the latter’s rough diamond production. Soviet production f…
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