A healthy rise in the Canadian dollar and a stable bank rate helped shore up the TSE over the 5-day report period ended Aug. 9. The composite 300 index closed down 7.46 points to end the period at 4,1…
Work is continuing on the 10,400-hectare property held by Flag Resources near Sudbury, Ont. A large magnetic body, thought to represent the western sector of the Wanapitei anomaly, was found near the …
Week’s Price (US) Change Gold* $378.30 – $0.30 Silver* $ 5.16 – $0.05 Platinum* $412.50 – $2.00 Nickel** $ 2.59 – $0.16 Lead** $ 0.25 – $0.01 Copper $ 1.08 – $0.02 Zinc $ 0.42 – $0.01 Courtesy of Scot…
Construction can now begin on the Kodiak heap-leach gold project at Golden Bear mine in northwestern British Columbia. North American Metals (VSE) received the required mine development certificate fr…
Second-quarter production at the Copper Rand and Portage projects near Chibougamau, Que., increased by 45%, compared with the same period in 1993, MSV Resources (ME) reports. Quarterly output of 104,0…
A contract for engineering and construction management of the concentrator, tailings storage and associated infrastructure at the Troilus gold project north of Chibougamau, Que., has been awarded to S…
The junior partners of Kennecott Canada saw their DO-27 (Tli Kwi Cho) kimberlite project downgraded in early August from a development project to one of many exploration-stage projects in the Lac de G…
Management of the Porgera joint venture has started routine recommissioning procedures at the explosives plant at the Papua New Guinean mine site. Placer Dome (TSE), an 18.9% owner of the project, sai…
A deal has been signed whereby Radisson Mining Resources (ME) can earn a 50% interest in Breakwater Resources’ (TSE) O’Brien gold property in Cadillac Twp., Que. Between 1925 and 1956, the mine produc…
A 2-phase, US$30-million expansion program of Inti Raymi, the 88% owned subsidiary of Battle Mountain Gold (NYSE), is under way at the Kori Kollo gold mine in Bolivia. The company reported recently th…
In the 1990s, infrastructure investment in the developing world is projected to exceed US$200 billion annually, almost one-third of total expected fixed investment. In Argentina, the power, telecommun…
The problem with bioleaching of refractory gold ores is that it only works in the Southern Hemisphere — or such is the opinion of a good many Canadian metallurgists who were key to the bioleaching re…
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