Despite a steady October drizzle that turns the ground to mud, crews are keeping up the pace of constructing a new, open-pit copper mine at the base of this Coast Range mountain.The steel girders are …
Toronto-based Scorpion Minerals (SCP-T) has entered into an agreement with Loewen Ondaatje McCutcheon for a special warrant financing in order to raise $15-$19.5 million.Through a wholly owned subsidi…
The Komis mine of Golden Rule Resources (GNU-T) has celebrated its first gold pour.Situated in Saskatchewan’s Waddy Lake region, the mine is processing 378 tons per day of low-grade development ore.Si…
The second hole drilled on the Cikoneng gold-silver prospect at the Cibaliung property in West Java, Indonesia, has intersected a true thickness of 14.85 metres grading 11.3 grams gold and 88.51 grams…
After the dark days of the early 1990s, Saskatoon-based miner Cameco (CCO-T) is basking in the glow of a greatly improved market for its principal product.The company reported net earnings of $106 mil…
Manhattan Minerals (MAN-T) is acquiring a 100,100-ha land package in northern Peru.The new concessions, known collectively as the Lacones project, adjoin the Tambo Grande massive sulphide project to t…
Satisfied with the title to the Cerro Samenta copper porphyry property in the Argentine province of Salta, partners Teck (TEK-T) and Mansfield Minerals (MDR-V) have signed a drilling contract for 10 h…
Ten months after withdrawing a merger proposal, Goldcorp (G.A-T) has made another offer to acquire the rest of Wharf Resources (WFR-T), operator of the Wharf and Golden Reward heap-leach gold mines in…
Toronto-based Rayrock Yellowknife Mines (RAY-T) plans to expand two of its gold mines in Nevada.The expansions at Dee and Marigold, combined with the start of production at its 35%-owned Daisy mine, a…
RTZ-CRA (RTZ-N) has gained a foothold in the Block A gold operations of Freeport-McMoRan Copper & Gold (FCX-N) in Irian Jaya, Indonesia.The deal calls for the former to acquire a 40% interest in produ…
October is “Export Month” in Canada, and this year, companies supplying goods and services to their traditional customers in the mining sector have much to celebrate.Canadian mining companies are busy…
The shares of South African-based Ocean Diamond Mining (ODM) are now being traded on the Canadian Dealing Network under the symbol OCND.Since its formation in late 1983, the company has mined diamonds…
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