Mirabel to acquire Rocmec
Montreal-based junior explorer Mirabel Resources (RMB-V) plans to acquire privately owned Rocmec International.The two originally teamed to develop and exploit Rocmec’s thermal fragmentation technique…
News
Another stellar year for Goldcorp (March 01, 2004)
The rich Red Lake gold mine in northwestern Ontario bestowed its blessings on Goldcorp (G-T) for another year, generating record profits and yielding another million ounces of resources.The company’s …
Coeur makes hay while silver shines
Improved silver prices and a major restructuring program have put Coeur d’Alene Mines (CDE-N) in a position to advance two new mine projects to the feasibility stage.If all goes as planned, Coeur will…
Philippine gov’t seeks reversal
The government of the Philippines has requested that the country’s Supreme Court reverse its decision to curtail foreign investments in the mining sector.A court filing cited potential losses of more …
Margaret Kent eyes Carolin gold mine
She’s back.Together with long-time partner Ross Burns, former Royal Oak Mines CEO, Margaret “Peggy” Kent (formerly Witte) is looking to acquire the past-producing Carolin gold mine, near Hope, B.C.Alt…
Silver Standard revs up drills in Mexico (March 01, 2004)
Drilling has expanded the Cordon Colorado zone and uncovered a new deposit at La Pitarrilla, a silver project near Durango in west-central Mexico.Vancouver-based Silver Standard Resources (SSO-V) rece…
Coal mine becomes museum
A former mining colliery in Blaenavon, southeastern Wales, has reopened as a tourist attraction, nearly 20 years after a strike shut it down and following a 7.1-million (US$13.3-million) facelift.The…
AIDS affects growing number of South African miners
A survey shows that 18% of South African miners are infected with HIV-AIDS.The survey was conducted among workers at 26 South African mining and manufacturing companies, and 18 other companies based e…
Orvana in the black
Orvana Minerals (ORV-T) made a modest profit during the latest quarter of production at the Don Mario gold mine in eastern Bolivia.The mine entered production at the rate of 700 tonnes per day in July…
Gulf board pays fee to ousted president (March 01, 2004)
The board of Gulf International Minerals (GIM-T) plans to appoint a committee of independent directors to investigate a controversy involving its former president, Alastair Ralston-Saul.The company’s …
Hiccup at Bema’s Julietta mine
A warehouse fire has forced Bema Gold (BGO-T) to scale back mining and milling at the Julietta gold mine in Russia’s Far East.No one was hurt in the fire, which destroyed most of the operation’s spare…
De Beers, GGL confirm diamond-bearing nature of Doyle Sill
It took eight years, but De Beers Canada Exploration and GGL Diamond (GGL-V) finally returned to the Doyle Lake sill in 2003 after a federally appointed tribunal upheld an earlier 1996 decision awardi…