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…
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…
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…
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…
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…
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…
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 …
NovaGold Resources (TSE) is completing sampling, geophysics and geochemistry on its 70%-owned Pine Cove property, near Baie Verte, Nfld. Samples from the Romeo-Juliet structure have assayed as high 35…
A portion of Jordex Resources’ (VSE) previously announced private placement will not proceed. Instead, an aggregate of 500,000 common shares will be issued at 50 cents per share. The $250,000 raised w…
The Canada Labour Relations Board has found that both Royal Oak Mines (TSE) and Local 4 of the Canadian Association of Smelter and Allied Workers (CASAW) bargained in bad faith during labor negotiatio…
Increased production is expected from the Ruby mine, a placer-gold deposit in Grass Valley, Calif. So far, about 47 tons ore averaging just over 0.2 oz. gold per ton have been produced from two new ar…
Drill results from the Dewey property in Idaho’s Thunder Mountain district continue to impress USMX. The NASDAQ-listed company optioned the property earlier this year and can buy it outright for US$5 …
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