Final feasibility studies on the Kassandra projects on the Khalkidiki Peninsula of northern Greece predict low production costs for the two mines.Consulting firm Kvaerner Metals has delivered a report…
A financing deal between Vaaldiam Resources (VRL-A) and Antares Mining & Exploration (ANZ-T) sets the stage for a merger.The agreement calls for Antares to buy 416,667 Vaaldiam shares at 36 cents each…
Quebec government-owned Soquem and equal partner Eastmain Resources (ER-T) have increased the resource at the Clearwater project’s Eau Claire gold zone in Quebec’s James Bay region.Thanks to two recen…
Orko Gold (OR-V) can acquire from TNR Resources (TRR-V) up to a 60% interest in three properties in northwestern San Juan province, Argentina.Under a proposed 4-year option, Orko can earn an initial 5…
Homestake Mining (HM-N) has agreed to purchase all exploration properties in southern Argentina that are held by Australian-based Western Mining Corp. (WMC).The company will pick up 900,000 acres in R…
Even as prices for its two major products, gold and uranium, declined, Cameco (CCO-T) posted higher revenue in the first nine months of 1998 than it did in the corresponding period of 1997.Cameco show…
Steel markets in North America and Europe are weakening as a result of cheaply produced Asian imports. However, Australian major North Limited, confident of a long-term recovery, has announced major c…
As someone responsible, to a great extent, for formulating the proposed “Qualified Person” (QP) concept in the mining industry, particularly in exploration and mine development, I would like to respon…
Aluminium: LME settlements US$1,316, alloy US$1,115 per tonne (Nov. 3/98).Antimony: Representative mid-market US$1,250 per tonne (Nov. 3/98).Bismuth: Representative mid-market US$3.15 per lb. (Nov. 3/…
Large-diameter drilling by Southern Africa Minerals (SAF-T) has revealed diamonds in a kimberlite dyke on the Mosomane property, 50 km north of Gaborone, Botswana.Vertical drill holes along a 600-metr…
I found your diamond issue (T.N.M., Oct. 26/98) full of polished prose highlighting the many facets of this new Canadian commodity.However, the item about pioneers in diamond exploration attributes se…
Commercial production at the Marsfontein diamond farm in South Africa has enabled part-owner SouthernEra Resources (SUF-T) to post its second consecutive quarterly profit.In the three months ended Sep…
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