A letter of agreement has set the stage for a unit of Newmont Mining (NYSE) to acquire 60% of the Fierro Urco copper-gold property in Ecuador. Newmont Overseas Exploration can do so from Ag Armeno Min…
A letter of intent allowing diamond exploration at the Rio Sono property in the Brazilian state of Minas Gerais has been signed by Hillsborough Resources (TSE) with Southwestern Gold of Vancouver. Hil…
The pace of exploration may seem deliberate, yet every day, slowly but surely, BHP Minerals Canada and Dia Met Minerals (TSE) are one step closer to a production decision. The goal, Canada’s first dia…
The Copper Rand and Portage mines here were officially opened recently under the ownership of MSV Resources (ME) at a ceremony attended by business and government representatives. “This is a big day f…
Vortex Energy & Minerals (VSE) has filed a preliminary prospectus for an offering of 1.5 million units worth 30 cents per unit. Each unit consists of one share and one warrant to buy one share exercis…
Federal Mines Minister William McKnight recently visited the United Kingdom to attract international investors to Canada. Activities included meeting chief executives from energy and mining companies …
At a recent conference in Ottawa, people from many countries met to discuss geographic information systems (GIS). The fifth annual GIS conference was organized by the federal government. GIS employ co…
A first-quarter loss is expected by Asarco (NYSE), resulting from rain-related costs, lower metal prices and a scheduled 30-day maintenance shutdown at the Hayden smelter. Heavy rains and flooding in …
Encouraging results have been reported by Lac Minerals (TSE) from eight additional holes drilled at the Nevada gold project in Chile. Highlights included a 492-ft. intersection grading 0.29 oz. gold p…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 23 Mar. 22 Mar. 19 Mar. 18 Mar. 17 Copper 1467-1468 1463-1464 1459-1460 1479-14…
Mexico’s mining and metallurgical sector has been a major source of foreign exchange through trade. In recent years, Mexico has ranked among the top five countries in production of 12 minerals — main…
Shares of Crown Resources (TSE) have slid steadily downhill since late last year, when the junior announced plans to withdraw from the Kettle River gold operation in northeastern Washington. In mid-Fe…
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