Gold producer Hemlo Gold Mines (TSE) is looking to sell its 48% interest in Central Crude (TSE) and its 60% interest in the Eagle River gold project, near Wawa. The decision followed a review of Eagle…
Manitoba is mining-friendly and open for business. That was the message of provincial Mines Minister Donald Orchard here at the 25th Annual Manitoba Mining, Minerals and Petroleum Convention. And to h…
Exploration programs for properties held by Tri Origin Exploration (TSE) were announced to shareholders and analysts at the annual meeting in Toronto. President Robert Valliant outlined a strategy of …
Crystallex International (VSE) has appointed consultants Paulo Abib and Kilborn Engineering to provide engineering and project management of a proposed mill at its Albino concession in Venezuela. Euru…
Some 27 million tonnes of material are moved annually at the open-pit Aitik copper mine of Boliden in northern Sweden, Mannesmann Demag reports. The equipment manufacturer has two large hydraulic shov…
With diamond fever rising throughout much of North America, several juniors are pinning their hopes on a remote section of the Rocky Mountains near the Colorado-Wyoming state line. One such company, C…
Third-quarter earnings of Royal Oak Mines (TSE) reflect problems at the company’s three Canadian gold mines, particularly the Hope Brook operation in Newfoundland. The company said both tonnage and gr…
The demise of the Soviet Union has ironically left Cuba — romantically known as “the isle of eternal summer” — out in the cold. As a result, the country’s mining and metals sector is now desperately…
A new gold zone has been outlined on the Amalgamated Kirkland property in Kirkland Lake, Ont. The discovery, known as the Cyprus zone, was made during a drilling program by Cyprus Canada, a unit of Cy…
In September, the metal and mineral sub-index of The Bank of Nova Scotia’s commodity price index dropped to its lowest level since December, 1985. While copper prices dropped further in October, nicke…
A preliminary prospectus for an offering worth up to $35 million has been filed by Great Lakes Minerals (TSE). The company will use US$6.8 million to buy a 20% undivided interest in the Grouse Creek g…
Reform of mining legislation in the U.S. reached a new stage recently when the House of Representatives voted in favor of imposing an 8% net smelter return (NSR) royalty on hardrock mining companies o…
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