Depressed gold prices have induced Homestake Mining (HM-N) to reduce to zero the carrying value of its namesake mine in South Dakota. As a result, the San Francisco-based company no longer expects to …
Kennecott Canada Exploration has drill-tested five geophysical targets to date on the Legend property in northeastern Alberta, with only one miss — and, weather permitting, a further four targets are…
Cumberland Resources (CDB-T) has advanced its Meadowbank gold project in the Northwest Territories to the prefeasibility stage.Over the next five months, Mineral Resources Development Inc. (MRDI) will…
Drilling at the El Valle mine in northern Spain is expanding high-grade gold mineralization in the recently discovered Sienna zone.The southernmost of the 13 holes that have penetrated the zone so far…
I own shares in New Golden Sceptre Minerals but have not been able to learn about that company. In fact, it has been over three years since I received any communication from them. The last address I h…
Resource stocks enjoyed a robust period of trading during the report period Nov. 4-10, with both mining groups showing substantial gains. The Toronto Stock Exchange precious minerals and metals sub-in…
Subject to environmental and other approvals, a US$170-million expansion and modernization program will be carried out at the Altonorte copper smelter near Antofagasta, Chile.Toronto-based Noranda (NO…
A search of the Yetwene diamond mine property in northeastern Angola has turned up the bodies of two workers, bringing to eight the number of men killed during an armed attack. The mine is operated by…
Drilling at the San Cristobal silver-zinc-lead deposit in southern Bolivia has resulted in yet another increase in reserves.Apex Silver Mines (SIL-X) boosted the size of the deposit by half following …
With the attainment of commercial production from a new zinc circuit during the third quarter, Agnico-Eagle Mines (AGE-T) has reached another milestone in its expansion program at the Laronde gold min…
Based on the positive results of a feasibility study, Nord Pacific (NPF-T) is weighing the merits of two mining scenarios for its 50%-owned Tritton copper project in New South Wales, Australia.Fortuna…
A letter-of-intent agreement between Magnesium Alloy (MGAC.U-C) and engineering firm SNC-Lavalin paves the way for advanced studies on the former’s Kouilou magnesium project in the Republic of Congo.T…
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