Toronto-based MacDonald Mines Exploration (MMP.A-A) has begun diamond drill-testing geophysical anomalies on the Florencia concession in east-central Cuba.The anomalies, concentrated in the southern e…
Canarc Resource (CCM-T) has begun the underground phase of its feasibility program at the Polaris Taku property in northwestern British Columbia.The work will entail drilling some 200 holes in an atte…
Lower prices for lead and zinc concentrate have prompted Asarco (AR-N) to close its Leadville mine in Colorado.The operation will be shut down indefinitely at year-end. The Leadville mill was closed i…
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A prefeasibility study commissioned by Goldbelt Resources (GDB-V) estimates a capital cost of US$69.8 million to develop the Abyz copper-zinc deposit in Kazakhstan.Minable reserves at the deposit are …
Two stepout diamond drill holes have encountered significant grades of copper-gold mineralization at the Fyre Lake project in the Yukon.Columbia Gold Mines (COB-T) reports that a southerly stepout of …
An Ontario judge has removed the freeze on certain assets belonging to mining executive Robert Friedland — assets that the U.S. Environmental Protection Agency (EPA) had hoped to obtain.The assets in…
In 1951, I was working for Inspiration Drilling, under contract for Gunner Uranium in Uranium City, Sask. We had two drill rigs on the shore of Ace Lake and were using a 3-shift cycle. Our fieldman on…
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…
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…
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…
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…
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