The Russian gold mining company Buryatzoloto and its partial owner, High River Gold (HRG-T), have arranged financing to develop three gold mines in Buryatia, Siberia.The mines, known as Zun-Holba, Bra…
Having been deemed uneconomic at current gold and silver prices, the Grouse Creek mine will be closed next year.Operator Hecla Mining (HL-N), which owns 80% of the Idaho project, is currently mining o…
With a preliminary resource figure calculated at its Aripuana project in Mato Grosso state, Brazil, Ambrex Mining (AMBX-C) is preparing to start work on a second prospect, the Trairao property.Trairao…
Lower copper prices and higher operating and exploration costs contributed to a $6.2-million loss for Westmin Resources (WMI-T) during the third quarter.The loss (equivalent to 12 cents per share) com…
ALUMINIUM: LME settlements US$1,403 per tonne (Nov. 5, 1996), alloy US$1,265 per tonne (Oct. 31, 1996).ANTIMONY: Composite free market, US$2,000 per tonne (Nov. 5, 1996).BISMUTH: Composite free market…
In recognition of the centenary of the Alaska-Yukon gold rush, an international symposium on mining history will be held in Fairbanks from Sept. 9 to 14, 1997.Papers will be presented on various subje…
Junior Triarx Gold (TXTX-C) has encountered near-surface gold mineralization on its Nalesbitan property on the Philippine island of Luzon.Two holes totalling 289.4 metres were drilled outside the Main…
London Metal ExchangeMidday bid-ask prices in $US per tonneDateNov. 5Nov. 4Nov. 1Oct. 31Oct. 30…
Ongoing exploration by Franc-Or Resources (FOR-T) has resulted in a new gold discovery at the Dagobert-T2 zone in the Haute-Mana property in French Guiana.Through recently completed trenching and prev…
Diamond hunters Ashton Mining of Canada (ACA-T) and Pure Gold Resources (PUG-T) have signed a $5.5-million option agreement with an Alberta energy firm to earn interests in diamond properties in the p…
The British Columbia government’s decision to create 23 new parks and protected areas in the lower mainland is causing concern concern in the province’s mining industry.”We are deeply concerned the go…
In the early 1990s, Canadian mining companies flocked offshore to explore and acquire mineral opportunities that were opening up all over the globe.Chile, Mexico and Venezuela were the early beneficia…
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