The Toronto Stock Exchange surpassed another record during our report week when 106 million shares worth $1.27 billion changed hands on Feb. 2. Such enormous volumes, however, were overshadowed by a m…
Expansion plans have been approved for the Dome and Detour Lake gold mines in northern Ontario. The Canadian unit of Placer Dome (TSE) plans to spend $150 million to increase production and lower cost…
By acquiring the True North gold property, La Teko Resources (VSE) is expanding its holdings near Fairbanks, Alaska. The junior is gaining 2,800 acres from Amax Gold Exploration by paying $1.6 million…
The discovery of a 17-lb. gold nugget in Cabarrus Cty., N.C., in 1799 heralded the first U.S. gold rush. It quickly led to the first thriving gold-mining camp of the Slate Belt and the first in the co…
A growing number of U.S. miners are supplementing their domestic production from operations in at least eight Latin American countries. Chief among these are Chile, Mexico, Bolivia, Peru, Brazil, Guya…
The convention known as the “Cordilleran Roundup,” held here every January, typically features the latest developments in British Columbia’s mining industry. In recent years, however, the scope has gr…
The location and property name are shrouded in mystery, yet drilling on a joint-venture somewhere in Nevada is pointing to a potentially significant gold discovery. Equinox Resources (TSE) reports tha…
Already big names in gold mining, Newmont Mining (NYSE) and Newmont Gold (NYSE) can only continue to grow with their recently announced merger plans. Newmont Gold is currently North America’s largest …
A wealth of minerals can be found in the Northwest Territories. Zinc, gold and lead are the major mineral commodities currently being exploited. Minor or byproduct commodities include silver, cadmium,…
Development will soon begin on the Mariquita copper deposit in northwestern Mexico. A Mexican company held 49% by Cominco Resources International (TSE) and 51% by Empresas Frisco will acquire the depo…
Trading of Valdez Gold shares has been halted as a result of title disputes on the Diana I, II and Marissa claims in Sonora state, Mexico. To re-establish title, the Alberta-listed company was require…
Toronto-listed Teck earned $29 million (net), up from $26 million a year earlier. Revenues also rose, to $492 million from $378 million. The improvement is attributed to increased coal production and …
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