Europe’s role as a mineral producer has been gradually diminishing over the years. The only important metals in which Western Europe is now a world player are iron, copper, lead and zinc. Production o…
A court ruling has both sides of a mine ownership dispute claiming victory once again.The Glimmer gold mine in northeastern Ontario is held 65.35% by Exall Resources (EXL-T), with the remaining intere…
The U.S. Environmental Protection Agency has reached an agreement with Asarco (AR-N) concerning environmental issues at two of the company’s operations.The major has agreed to spend US$61.5 million on…
The Toronto Stock Exchange 300 composite index ended the report period of Jan. 28 to Feb. 3 at 6,773.45, a gain of 51.73 points, or 0.8%, over the week.After dropping to an all-time low (versus the U….
The government of Yakutia is chopping up Sakhazoloto, the financial and industrial company that holds the licence to all gold fields in the Russian republic.Sakhazoloto is an amalgamation of Yakutia’s…
Sediment-hosted disseminated gold deposits consist of fine-grained gold in silty carbonaceous sedimentary rocks. These deposits occur in the Great Basin of the southwestern U.S.Regions in which this s…
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With a positive prefeasibility study in hand, Messina Diamond (MSC.U-T) plans to continue with sampling programs in order to complete a bankable feasibility study for its Liqhobong diamond project in …
A fourth-quarter loss and greatly reduced profits have caused Inco (N-T) to step up the pace of its restructuring program.The giant nickel miner reported a loss of US$4 million for the last three mont…
I was disappointed that no reference was made to Huckleberry Mines in your article “New Mines Open in 1997” (T.N.M., Jan. 5-11/98).The Huckleberry mine, which is owned 60% by Princeton Mining and 40% …
Soil-sampling and mapping programs are under way at the 7,000-sq.-km Bui area licences in central Ghana, reports Birim Goldfields (BGI-T).The Montreal-based junior has focused its efforts on Birimian …
Aluminum: LME settlements US$1,503.50, alloy US$1,319.50 per tonne (Feb.3/98).Antimony: Representative mid-market US$1,735 per tonne (Feb. 3/98).Bismuth: Representative mid-market US$3.50 per lb. (Feb…
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