Aber Resources’ (ABZ-T) 40%-owned Diavik diamond project in the Northwest Territories has moved one step closer to production.Federal Environment Minister David Anderson concluded that the project is …
Lower production costs offset lower realized gold prices for Philex Gold (PGI-T) in the third quarter of the year, shrinking the company’s loss figures.Toronto-based Philex lost US$1.5 million (or US4…
The discovery and characteristics of the Pogo gold deposit in Alaska will be discussed at the next meeting of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum, to be he…
Drilling by EuroZinc Mining (EZM-T) has confirmed the presence of high-grade mineralization at the Feitais zinc deposit in southern Portugal.The hole, drilled in the newly discovered FS60 zone, hit 25…
Two equity offerings by Apex Silver Mines (SIL-X) have raised a combined US$97.1 million, to be put toward construction of the San Cristobal project in Bolivia.In early November, the company announced…
Kenneth Darke, who helped discover the huge Kidd Creek base metal deposit near Timmins, Ont., has died following a long battle with cancer. He was 66.Born in Trail, B.C., Darke obtained a geological e…
With results in hand from the final phase of infill drilling, mining analysts are awaiting a revised tonnage estimate for Corner Bay Minerals’ (bay-t) Alamo Dorado silver project in Sonora state, Mexi…
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:Afriore (AFO-V) — Harvey White, executive of a company affiliated with Afri…
It has been only three decades since the first environmental laws were enacted. While most experts believe the laws have increased the quality of our lives, various debates over the resulting costs an…
Ashanti Goldfields (ASL-N) has rejected a revised takeover offer from British-based Lonmin, its major shareholder.Lonmin, which owns 32% of the Ghanaian-based miner, increased its bid of 16 shares for…
The Dow Jones industrial average posted a modest gain of 35.48 points for the week ended Nov. 9, closing at 10,617.32. Miners were mixed with gold and copper holding steady and silver sliding.American…
Short positions outstanding at Nov. 3, 1999Larger individual positions include:Abitibi Consolidated 2,503,338, down 59,116; Alcan Aluminum 1,684,419, down 205,540; Anderson Exploration 199,298, down 8…
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