The current era has been characterized by the emergence of new nations with a specific set of needs and urgent demands, summarized in the recent call for a new international economic order. One of the…
In the late 1500s, Spanish explorers began finding high-grade polymetallic mineralization in the San Lorenzo mountains in north-central Mexico. More recently, Canadian joint-venture partners William R…
A program of infill drilling is planned this year for the Cuatro Hermanos porphyry copper project in Sonora state, Morgain Minerals (VSE) reports. Cost of the drilling is estimated to be US$3.5 millio…
Ontario Premier Bob Rae has appointed Gilles Pouliot as acting minister of northern development and mines. He replaces Shelley Martel, the Sudbury East representative who recently resigned from cabine…
Toronto-listed International Gold Resources (IGR) has finished an initial exploration program on its Youga gold property in Burkina Faso, West Africa. The work consisted of mapping and geochemical sam…
WMC International, a subsidiary of Australian mining giant Western Mining Corp. Holdings, has become a player in the search for diamonds in the Northwest Territories. WMC recently signed a deal with L…
Spot closing prices in $US per tonne Date Oct 18 Oct 17 Oct 14 Oct 13 Oct 12 Copper 2485.5-2486.5 2481-2482 2483-2485 2490-2491 2511-2513 Lead 643.5-644.5 640-641 641.5-642.5 634-635 634.5-635.5 Zinc …
Tough deficit talk by Finance Minister Paul Martin failed to inspire investors, the result being that the Toronto Stock Exchange remained flat over the 5-day report period ended Oct. 18. The composite…
Nickel giant Inco (TSE) has discovered a high-grade deposit near Thompson, Man. Known as Pipe Deep, the deposit is 20 miles south of Inco’s Thompson processing facilities and 1 mile from the Pipe 2 mi…
Several years ago, Venezuela took steps to revitalize its near-dormant mining sector by adopting a more favorable tax structure and promising to reform its mining laws. Optimism was high that the coun…
Chip samples from a 30 sq.-mile property in the James Bay Lowlands of Quebec have led to the discovery of a gold-bearing zone. The discovery was made as Montreal-listed partners Garde Societe d’Explor…
Base metal producer Asarco (NYSE) recently completed its transaction with Grupo Industrial Minera Mexico (Gimmex), combining Mexico Desarrollo Industrial Minero (Medimsa) into a new public company kno…
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