Montreal-based Alcan has doubled to 40% its stake in the 243,000-tonne, low-cost Aluminerie Alouette smelter in Sept-Iles, Que.The company, which already had a 20% stake in the facility, acquired Coru…
Cancor Mines (KCR-T) has agreed to acquire Aur Resources’ (AUR-T) 49% stake in the Turgeon polymetallic project in Quebec.To acquire the stake, and attain full ownership, Cancor will issue 100,000 sha…
Echoing the exploration success of their rival, Goldcorp (G-T), partners Placer Dome (PDG-T) and Claude Resources (CRJ-T) have discovered a high-grade gold system in the Red Lake camp of northw…
Geologist Hugo T. Dummett, whose knowledge of diamond exploration made BHP Billiton (BHP-N) a major force in world diamond mining, has died. He was 62.Dummett was killed in a single-car accident on a …
With five new kimberlite discoveries under their belt, Diamonds North Resources (DDN-V) and Canabrava Diamond (CNB-V) are embarking on a helicopter-borne geophysical survey to firm-up additional drill…
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept. 3Sept. 2Aug. 30Aug. 29Aug. 28Al Alloy1221/123…
ExchgVol(000s)HighLowCloseChangePlacer DomeT1760616.2514.7516.18+1.22…
A market rout on September’s first trading day in the U.S. might be a sign of further carnage to come this fall. For the report period ended Sept. 3, the major indices retested post-9-11 lows, with th…
Vancouver — An independent audit has confirmed Minefinders’ (MFL-T) resource estimate for the Dolores project in Mexico’s Chihuahua state.Pincock, Allen & Holt verified a measured, indicated and infe…
Having bought its own vessel, Diamond Fields International (DFI-T) is preparing to renew marine diamond production off the coast of Namibia.The junior’s main concession covers more than 70 km of coast…
Temex Resources (YTM-V) has completed an initial 4-hole, 698-metre drill program on the Juby gold project, 22 km west of Gowganda, Ont.Three of the holes were performed infilling on the eastern portio…
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