They said it couldn’t be done. They said caribou herds and other wildlife would be at risk. They warned that fish habitat would be lost, that lakes would be drained, and that the aboriginal way of lif…
Following several months of delays, Vancouver-based junior Citation Resources (CUE-V) has finally completed a deal to acquire diamond projects in western Greenland and Australia from Australian-based …
Canada’s Department of Indian Affairs and Northern Development has appointed privately held Diamonds International Canada (Dican) as its official diamond valuator for the determination of federal and …
Drilling by Rio Narcea Gold Mines (RNG-T) has extended the known mineralization at the El Valle open-pit mine in northern Spain.Alberto Lavandeira, the company’s president, spoke at the Mining Investm…
Recent filings with the U.S. Securities and Exchange Commission show that executives in several companies are taking advantage of the market downturn to pick up cheap shares in their respective compan…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Oct. 20/98 (change from Oct. 13 in brackets):MetalStocks (tonnes)Change…
In the early 1990s, geologist Ken Snyder stood on a windswept hilltop near this old mining town and told Pierre Lassonde and Seymour Schulich, founders of royalty sisters Franco-Nevada Mining (FN-T) a…
Charles FipkeCharles (Chuck) Fipke, known worldwide for his tenacious and ultimately successful 10-year diamond hunt in the barrens, is synonymous with Canadian diamonds.The chairman of Dia Met Minera…
Another quarter-point drop in interest rates by the Federal Reserve bolstered the Dow Jones industrial average for the report period ended Oct. 20. The average climbed 567.71 points, or 7.2%, to close…
Wednesday October 21, 1998Price (US)Week’s ChangeGold*$296.90+$0.30Silver*$ 4.89…
The Kemess South gold-copper mine in north-central British Columbia has reached commercial production, Royal Oak Mines (RYO-T) reports.Construction of the mine began in July 1996, and limited producti…
Among the most beleaguered of Canada’s industrial minerals industries continues to be asbestos. Statistics compiled by Natural Resources Canada show Canada’s asbestos output dropped sharply between Ma…
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