Parked, they call it.Ontario prospectors have been living with the consequences of the province’s Living Legacy policy for nearly four years now. Living Legacy, the outgrowth of the divisive and destr…
Opawica Explorations (OPW-T) has raised sufficient funds to begin a preliminary exploration program at the Straw Lake gold property in northwestern Ontario.Opawica can earn 100% interests in five clai…
Vancouver — Having failed to sell its Gordonsville and Clinch Valley lead-zinc mines, Australian-based Pasminco is closing both.Situated in Tennessee, the mines are low-grade operations that have not…
Vancouver — An updated resource estimate for the Donlin Creek gold deposit in Alaska has added 4 million oz., most of which are in the Akivik, 400 and Aurora target areas.The new estimate shows nearl…
Already well behind schedule, Noranda has again postponed startup at its Magnola magnesium plant, near Asbestos in Quebec’s Eastern townships.Commercial production is now expected to commence in the f…
Facing sudden and significant cost overruns, Inco (N-T) will be reviewing its Goro nickel laterite project in the French Pacific territory of New Caledonia.The company is beginning a 6-month engineeri…
Vancouver — The largest drill program planned for Canada in 2003 may have got 9,000 metres bigger, now that Miramar Mining (MAE-T) intends to test the depth potential of the Boston deposit at the Hop…
Vancouver-based GoldOre Resources (GOZ-V) has purchased the La Plata copper property, near Durango, Colo., in exchange for shares and the assumption of US$35,000 of debt.La Plata overlies a porphyry s…
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T21.9%FalconbridgeFL-T4.2%Freeport BFCX.B-N5.0%GoldcorpG-T5.2%IncoN-T7.7%Meridian GoldMNG-T4.7%Newmont MiningNEM-N24.8%Noranda…
The recovery of multi-ounce grades from adits has prompted Southwestern Resources (SWG-T) to launch a drill program at the Boka gold project in China’s Yunnan province.The 2,000-metre program will try…
Construction of the Diavik diamond mine, in the Northwest Territories, is expected to be close to completion by year-end.London-based Rio Tinto (RTP-N) and its Canadian partner, Aber Diamond (ABZ-T), …
Vancouver — A first phase of drilling by Rubicon Minerals (RMX-V) at its recently acquired Rivard gold project in northwestern Ontario is investigating mineralization downdip of surface occurrences.S…
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