OroGrande interested in Brazil
Alberta-listed OroGrande Resources, formerly known as Trev, intends to acquire an 80% interest in the Princeza gold mine property in Brazil’s Paraiba state. The junior will spend $3.3 million and make…
Alberta-listed OroGrande Resources, formerly known as Trev, intends to acquire an 80% interest in the Princeza gold mine property in Brazil’s Paraiba state. The junior will spend $3.3 million and make…
Higher molybdenum and copper prices last year enabled Cyrus Amax Minerals (NYSE) to report earnings of US$175 million (or US$1.69 per share) on revenues of US$2.8 billion. That compares with earnings …
Several positive factors — improved sales and production volumes, higher base metal prices and a favorable exchange rate — helped Cominco (TSE) report net income of $132.1 million for 1994, compared…
Preliminary development is under way at the Mammoth mine in the Tintic mining district near Salt Lake City, Utah. The rehabilitation of underground tunnels from the 300-ft. level to surface is allowin…
Instrument maker Scintrex has received new orders worth $4.6 million in total. The Concord, Ont.-based company says its orders include $2.8 million for geophysical instrumentation, $1 million for port…
David Duval appointed director.
The Ontario Ministry of Northern Development and Mines will provide a grant of $10,000 to Science North in Sudbury, Ont., for a special event celebrating the science and technology being developed and…
The global mining scene as viewed by an international contractor will form the basis of an address at the Feb. 16 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Pet…
Now that the board of directors of Amax Gold (NYSE) has flashed a green light for the Fort Knox gold project, negotiations for financing are under way. Situated 15 miles northeast of Fairbanks, Alaska…
A subsidiary of Radisson Mining Resources (ME) has gained the right to prospect, extract and sell minerals such as diamonds and gold on a 110,000-acre property in the Central African Republic (CAR). T…
With the acquisition of a 100% interest in two producing kimberlite diamond mines in the Republic of South Africa, Vancouver-based Diamond Fields Resources (TSE) became Canada’s only high-quality gem …
The hunt for diamonds in Africa has taken Canadian mining companies to more than a dozen countries in the western, central and southern areas of the continent. Among the more popular countries, based …
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