He has yet to visit the Lac de Gras diamond exploration camp of the Northwest Territories, but Nikolai Sobolev is not surprised that the primary exploration method used involves tracing indicator mine…
Mining-company representatives were one of the few groups smiling after studying Ontario’s new budget, says a Canadian Press report. The industry is applauding the government’s capital tax relief for …
Operations at the Faro lead-zinc mine in the Yukon are expected to resume in September following a financing agreement among two Korean companies and Toronto-based Curragh (TSE). Under the agreement, …
A workshop on mining-related communications will take place June 7 and 8 in Sudbury, Ont. The workshop is an outgrowth of the Intergovernmental Working Group on the Mineral Industry and the Whitehorse…
Fording Coal has won a mine reclamation award. It was presented in Port Hardy at British Columbia’s annual mine reclamation symposium. Other winners were Noranda Minerals, which was awarded a metal mi…
Net proceeds of about $22 million from two recent financing arrangements will be used by Glamis Gold (NYSE) to fund the acquisition of gold properties and augment working capital. James Billingsley, v…
A large part of our industry activity is driven by enthusiasms — enthusiasms that capture the imagination of investors and of the industry press. The arrival of instantaneous information capability m…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 25 May 24 May 21 May 20 May 19 Copper 1190-1191 1178-1179 1183-1184 1176-1177 11…
Clearly, bureaucratic gridlock in all of Canada has not reached epidemic proportions if the logical and creative plans of Royal Oak’s Hope Brook mine to add a copper flotation circuit can be accomplis…
Several factors have contributed to a loss of $4 million in the third quarter for Firstmiss Gold (NASDAQ). These include a $1-million writedown of low-grade ore stockpiles, high operating costs due to…
Speculation over upcoming bulk-sample results from the Lac de Gras area of the Northwest Territories sent Dia Met Minerals to a high of $62 for a gain of $9.13 during the week ended May 25. Waiting an…
With gold holding on to gains, and diamond stocks generally steady, the Vancouver Stock Exchange resource index continued its upward sprint, finishing the week ended May 25 up more than 70 points at a…
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