Vancouver-based Uganda Gold Mining (UGM-A) has signed a preliminary option agreement with Ugandan-based Shinda to explore and develop the Nyanga tantalite deposit in western Uganda.The high-grade depo…
Barrick Gold (ABX-T) and Rio Narcea Gold Mines (RNG-T) are discussing a possible joint venture at certain of the latter’s properties in Spain and Portugal.Among these is the El Valle open-pit project …
A US$25-million financing agreement is allowing Bema Gold (BGO-T) to draw up construction plans for its 79%-owned Julietta gold-silver mine in Russia.Two European banks have agreed to put up the funds…
Margaret (Peggy) Witte, the founder and former head of bankrupt Royal Oak Mines, is hoping to make a comeback by reversing the flagging fortunes of Eden Roc Mineral (EDN-T).”It’s a fresh start for me …
Talks between Newfoundland’s minister of mines and energy and senior officers at Inco (N-T) continued in Toronto in late November, suggesting the two sides may be close to a deal allowing development …
Lundin-led Tenke Mining (TNK-T) has arranged a brokered private placement with Pacific International Securities to sell up to 850,000 shares priced at 90 cents each.The $765,000 in proceeds will be us…
Geologist Charles Fipke has traversed some of the most inaccessible parts of the globe in his search for mineral deposits, with his biggest success being the discovery of economic diamond deposits in …
in OntarioVancouver-based Berland Resources (BNL-V) and Falconbridge (FL-T) have teamed up to explore the Saganash greenstone belt, south of Kapuskasing, Ont.The joint-venture program, to be operated …
No man is an island, but if some rabid environmentalists have their way, we could soon be crammed together in human enclaves while half of the North American continent is preserved or restored to wild…
Precious MetalsPrice (US$/oz.)ChangeGold$297.85+$2.40Silver$ 5.170.00…
Anglogold (AU-N) can earn a half-interest in a 100-sq.-km Colombian land package held by Conquistador Mines (CMG-V). In return, the South African-based major must spend US$2.5 million on exploration o…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 23/99 (change from Nov. 16 in brackets):MetalStock(tonnes)Change…
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