Mystery gold find by Equinox
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…
News
U.S. MINING REPORT — Newmont seeks international mining
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 …
Northwest Territories a vast store of mineral wealth
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,…
Mariquita funding
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…
Valdez Gold halted
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…
Teck Corp. earnings improve
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 …
TVX, High River go Dutch at Snow Lake
Toronto-listed TVX Gold is gaining a half interest in the Snow Lake gold project in western Manitoba. In return, it must transfer back to High River Gold Mines (TSE) 6 million common shares of that co…
NEWS ROUNDUP — InterStar ships first manganese ore
InterStar Mining (CDN) has shipped its first 6,350-tonne batch of manganese ore from a mine in Burkina Faso, West Africa. The mine contains 15 million tonnes of proven and developed, high-grade ore, o…
NEWS ROUNDUP — MacDonald options Cuban concession
Two companies — MacDonald Mines Exploration (CDN) and the Cuban entity, Geominera S.A. — have joined forces to explore a property in east-central Cuba. The 2,000-sq.-km concession, in Camaguey provi…
Chile’s Buchi to address PDAC convention luncheon
A former candidate for the presidency of Chile, Hernan Buchi, will speak at a luncheon on March 7 in Toronto during the annual convention of the Prospectors and Developers Association of Canada (PDAC)…
N.A. Rare Metals to join Sunstate
North American Rare Metals (ME) is set to amalgamate with Sunstate Cablesystems. Prior to doing so, North American will create a wholly owned subsidiary into which it will transfer all its assets. All…
Mexico’s Acapulco to host 3-nation Expo-Festival
A 3-nation trade show and seminar will take place March 20-27 in Acapulco, Mexico. The International Free Trade Expo-Festival will focus on new opportunities for businesses in Mexico following the imp…