Having gained a seat at the table with an earlier purchase, Franco-Nevada Mining (FN-T) has cleared more elbow room for itself by buying additional Inco (n-t) Voisey’s Bay Nickel shares.With the purch…
The Orapa mine in Botswana is in the midst of a US$400-million expansion project aimed at boosting annual production to 12 million carats. Consequently, the mine life will be halved to 30 from 60 year…
Drilling by Searchgold Resources (RSG-M) has increased the resource at its Bakoudou gold deposit in southeastern Gabon.Prior to Searchgold’s program, which ended in October 1998, the deposit was drill…
Nine members were recently inducted into the Canadian Mining Hall of Fame — including, for the first time, first nation members — at a gala dinner and awards ceremony at Toronto’s Royal York Hotel.M…
Among the ranks of Canada’s diamond producers, one company often overlooked is Montreal-based Nora Exploration (NXI-M), which is mining the rich beach deposits found along the coast of Namibia in sout…
Consolidated Trilogy Ventures (CTJ-V) has changed its name to Thyssen Mining Exploration (TME-V).
Gold Funds as of January 21, 1999BGRCentralNet Value$14.015.90Price$9.25$…
Aluminium: LME settlements US$1,225.50, alloy US$1,021 per tonne (Jan. 26/99).Antimony: Representative mid-market US$1,260 per tonne (Jan. 26/99).Bismuth: Representative mid-market US$3.05 per lb. (Ja…
The West has yet to feel the impact of the Asian economic crisis upon zinc demand. However, falls in capacity utilization rates and increasing stock levels (normal signals of a contraction in industry…
Record quarterly sales for copper and gold produced at its Grasberg operation in Indonesia enabled Freeport-McMoRan Copper & Gold (FCX-N) to boost earnings during the last three months of 1998.Freepor…
Marketing to the mining industry will be the subject of a conference to be held Feb. 2 at the Sheraton Parkway Hotel in Richmond Hill, near Toronto.Sponsored by the Canadian Association of Mining Equi…
With cash in hand from a recent financing, Noveder (NED-M) has resumed drilling at its Cabot copper-cobalt property in the Baie Verte region of northwestern Newfoundland.The junior raised $550,000 in …
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