A formal agreement between British Columbia and Royal Oak Mines (RYO-T) will pave the way for development of a copper-gold mine in the province’s north-Central region.The company had been at odds with…
For companies exploring mineral projects in Indonesia, 1997 will be remembered as the Year of Living Dangerously.In April, junior companies holding ground near Bre-X Minerals’ Busang project were hamm…
Higher prices for cobalt have led to increased production, and demand is expected to grow still further, according to a report released by a London-based firm of analysts.Roskill Information Services …
Englewood, Colo.-based Echo Bay Mines (ECO-X) has increased its land position around the Aquarius gold project, near Timmins, Ont.The company is diamond drilling in an attempt to find the continuation…
A bill before the Russian Parliament could set the stage for increased foreign investment through “production-sharing” in the country’s natural resources sector.The bill is designed to attract foreign…
Copper production and consumption in Russia are poised to increase following years of weakness attributable to the collapse of the Soviet regime.According to a report from London-based Metal Bulletin …
An agreement between Denver-based WM Mining and World Wide Minerals (WWS-T) will give the latter a majority interest in the Dornod uranium mine in Mongolia.World Wide can earn WM’s 58% interest in Cen…
To say this has not been a good year for junior companies exploring mineral prospects in Indonesia would be the ultimate understatement. The onset of spring saw the Busang gold deposit dissolve into t…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJuly 1June 30June 27June 26Ju…
A second phase of drilling on the Intidougou gold project in western Burkina Faso is returning encouraging results for equal partners Orezone Resources (ORZ-M) and Geomaque Explorations (GEO-T).The pr…
Cornucopia Resources (CNP-T) has poured its first gold at the Mineral Ridge mine near Tonopah, Nev.The company put the operation on the fast-Track after receiving permits and approvals in July 1996. W…
The cost of operating gold mines in the Western World in 1996 fell to US$250.70, down US$2.50 from $253.2 per oz. in 1995, according to a survey conducted by Sydney-based AME Mineral Economics.Average…
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