Poor ground conditions, which led to lower-than-expected grades at the Myra Falls mine near Campbell River, B.C., have forced Boliden,/C> (BOL-T) to suspend production and devote the mine’s resources …
Campania Minera Antamina, a Peruvian subsidiary held jointly by Rio Algom (ROM-T), Noranda (NOR-T) and Teck (TEK-T), has signed a commitment with an international banking syndicate for US$600 m…
While it’s no match for the Voisey’s Bay ovoid in the grade department, the Ramu nickel-cobalt project in Papua New Guinea (PNG) could join the ranks of the world’s lowest-cost nickel producers ahead …
Since the devaluation of the Thai bhat in mid-1997, followed by the collapse of the emerging Asian economies, substantial changes have occurred in the competitive positions of the top coal-exporting n…
A prefeasibility study of the Tabakoto gold deposit near Kenieba in western Mali concludes that the deposit can be mined profitably as a combined open-pit and underground operation.The study, commissi…
Continued weakness in the price of gold has led Washington state-based Royal Oak Mines (RYO-T) to revalue its assets at a gold price of US$300 per oz. and take an $86.4-million writedown on its mining…
They may not have the glamour of gold or the allure of diamonds, but potash and phosphates are producing plenty of profits for Potash Corporation of Saskatchewan.The Saskatoon-based company reported n…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov. 17/98 (change from Nov. 10 in brackets):MetalStocks (tonnes)Change…
Aluminium: LME settlements US$1,296.50, alloy US$1,085 per tonne (Nov. 17/98).Antimony: Representative mid-market US$1,295 per tonne (Nov. 17/98).Bismuth: Representative mid-market US$3.20 per lb. (No…
A dispute over compensation owed to the owner of the Northbank diamond property, operated by Trans Hex International (THI-T) in Namibia, will be taken to arbitration.The move will delay development of…
Inquiry may have been unaware of defective methane-detectors Lawyers representing the families of some of the miners killed in the May 1992 explosion at the Westray coal mine are weighing new informat…
Kennecott Canada Exploration has recovered a small amount of diamonds from the Phoenix kimberlite body in northeastern Alberta. Phoenix is the first of five kimberlites discovered to date on the Legen…
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