A large-diameter reverse-circulation bulk drill sample collected this past winter from the 5034 pipe at Kennady Lake in the Northwest Territories has yielded positive results.Situated 120 km south of …
Nord Resources (NRD-N) is selling its half-interest in Sierra Rutile, the now-dormant heavy mineral sands operation in Sierra Leone.The asset will be acquired by MIL Investments, Nord’s largest shareh…
The engineering and construction arm of Kvaerner has been awarded a US$1.5-million contract to expand the Pirdop copper smelter in Bulgaria.The company will increase anode copper production at the sme…
Already destined to become the world’s third-largest zinc and seventh-largest copper mine, the Antamina deposit in Peru now holds the distinction of being the recipient of the largest financing ever f…
Junior Major General Resources (MGJ-V) continues to search for polymetallic mineralization at its Spider Lake project in northwestern Ontario.Efforts are focused on a high-chargeability and low-resisi…
In 1998, an estimated $236 million was budgeted for worldwide zinc exploration, a 13% decline from the year before. Although exploration budgets are being cut significantly again this year, the relati…
Following a host of mine closings in the copper industry, Phelps Dodge (PD-N) has announced production cuts and restructured its wire and cable business.The Phoenix, Ariz.-based company plans to decre…
The total in situ “global tonnage” resource for the NW Snap Lake kimberlite dyke is estimated at 23.4 million tonnes, with an average vertical thickness of 2.44 metres.Snap Lake is part of the Camsell…
1999Jul. 6Jul. 5Jul. 2Jul. 1Jun. 30Hi.TghLowCompo…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJuly 6July 5July 2July 1…
Cambior (CBJ-T) subsidiary Cambiex Exploration (CBX-T) is acquiring Broken Hill Proprietary’s (BHP-N) Hope Bay gold properties in western Nunavut.Cambiex will pay US$23 million in four stage…
Banro Resource (BNRS-C) reports that two employees from its Congolese subsidiary and two attorneys from Banro’s legal advisor, Mitchell and Associates, were charged with “high treason” in the Democrat…
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