WMC International, a subsidiary of Australian mining giant Western Mining Corp. Holdings, has become a player in the search for diamonds in the Northwest Territories. WMC recently signed a deal with L…
Spot closing prices in $US per tonne Date Oct 18 Oct 17 Oct 14 Oct 13 Oct 12 Copper 2485.5-2486.5 2481-2482 2483-2485 2490-2491 2511-2513 Lead 643.5-644.5 640-641 641.5-642.5 634-635 634.5-635.5 Zinc …
Tough deficit talk by Finance Minister Paul Martin failed to inspire investors, the result being that the Toronto Stock Exchange remained flat over the 5-day report period ended Oct. 18. The composite…
Royalty-holder Franco-Nevada Mining (TSE) has paid US$2.25 million to South Africa-based Rustenburg Platinum for a 5% net profits interest royalty in that country’s Pandora platinum property. The depo…
Mexico may not be a leader among gold-producing nations, but it has been consistent in its gold output during the past 10 years. Gold Fields Mineral Services of London, in its Gold 1994 report, says M…
Diamond drilling at the Prairie Creek mine project near Yellowknife, N.W.T., is expected to augment reserves significantly. Owner San Andreas Resources (TSE) estimates current reserves at 4.25 million…
The recent opening of several new mines in Mexico and the overall revival of the country’s mining industry owe much to policies aimed at attracting foreign investment. These policies, implemented seve…
Nova Scotia-based Etruscan Enterprises (VSE) has launched an exploration program on the Koma Bangou property in Niger, West Africa. The junior will perform 10,000 metres of reverse-circulation drillin…
Project operator BHP Minerals Canada has entered a third phase of drilling on Southern African Minerals’ (ASE) Caber base metal property near Matagami, Que. Two zones of massive sulphide mineralizatio…
Toronto-listed Greater Lenora Resources has received results from infill drilling of its Goldfields project in northern Saskatchewan. The 9-hole program was carried out in the area of the Box Pit. Amo…
Toronto-listed Adex Mining is transferring to Tequila Copper its interest in the Asia Pacific copper-gold property in the Philippines. Adex owns half of Philippines-based Selenga Mining, which holds t…
The Cieneguita heap-leach gold property in southwestern Chihuahua state is progressing towards production. Operator Glamis Gold (TSE) can earn a 60% interest from Aquiline Resources (VSE) by incurring…
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