A part owner of the world’s largest diamond producer, the Argyle mine in Western Australia, has acquired control of a diamond prospect on the Michigan-Wisconsin border. Melbourne-based Ashton Mining, …
After failing to merge his company’s gold-producing assets with those of Newmont Gold (NYSE), American Barrick Resources (TSE) Chairman Peter Munk has gone ahead and done the next best thing. Just six…
Critical issues facing the world’s zinc industry, such as recycling growth, environmental reform and changes in society’s use of such materials, will be on the agenda of an international conference Fe…
Toronto-based Rio Algom (TSE) will proceed with development of the Cerro Colorado copper mine in northern Chile after receiving approval from the Chilean Foreign Investment Committee. Cerro Colorado w…
Spectrum Gold Corp. (SGI.A:VSE) has changed its name to Scarlett Minerals Inc. (SMI:VSE) with a consolidation of capital on a 1-new-for-2-old-share basis.
American Barrick Resources (TSE) pulled another billion-dollar gold mine from its Carlin-area holdings recently, announcing development of its deep but rich Meikle gold deposit in Nevada. Formerly kno…
A preliminary reserve calculation by Rio Algom (TSE) for the South Kemess property, 60% owned by El Condor Resources (VSE) and 40% owned by St. Philips Resources (VSE), has confirmed recent reserve es…
Underground exploration at the Sleeping Giant gold project 40 miles north of Amos, Que., recently turned up encouraging chip samples for Aurizon Mines (TSE) and program operator Cambior (TSE). On leve…
Fresh from hammering out a new agreement for the Eskay Creek joint venture project in British Columbia, Placer Dome (TSE) says it will not proceed with development of the huge Mount Milligan copper-go…
Toronto-based Denison Mines (TSE) is being sued by Ontario Hydro. The dispute centres around a long-term uranium purchase and sale agreement signed by Denison and the huge provincial utility in 1977. …
A cleaner balance sheet, a strong hedging program and increased gold production pushed LAC Minerals (TSE) well into the black in 1991. For the year ended Dec. 31, 1991, LAC recorded earnings of US$15 …
A first-phase induced polarization survey was recently completed by Melinga Resources (VSE) on the Macuelizo concession in northwest Honduras. The company reports that several prospective gold-copper …
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