A letter of intent allowing diamond exploration at the Rio Sono property in the Brazilian state of Minas Gerais has been signed by Hillsborough Resources (TSE) with Southwestern Gold of Vancouver. Hil…
Federal Mines Minister William McKnight recently visited the United Kingdom to attract international investors to Canada. Activities included meeting chief executives from energy and mining companies …
The Copper Rand and Portage mines here were officially opened recently under the ownership of MSV Resources (ME) at a ceremony attended by business and government representatives. “This is a big day f…
At a recent conference in Ottawa, people from many countries met to discuss geographic information systems (GIS). The fifth annual GIS conference was organized by the federal government. GIS employ co…
A first-quarter loss is expected by Asarco (NYSE), resulting from rain-related costs, lower metal prices and a scheduled 30-day maintenance shutdown at the Hayden smelter. Heavy rains and flooding in …
Encouraging results have been reported by Lac Minerals (TSE) from eight additional holes drilled at the Nevada gold project in Chile. Highlights included a 492-ft. intersection grading 0.29 oz. gold p…
Newfoundland, Nova Scotia and New Brunswick have joined forces to present an Atlantic Canada Rock Room at the annual convention of the Prospectors and Developers Association of Canada, this week in To…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 23 Mar. 22 Mar. 19 Mar. 18 Mar. 17 Copper 1467-1468 1463-1464 1459-1460 1479-14…
Mexico’s mining and metallurgical sector has been a major source of foreign exchange through trade. In recent years, Mexico has ranked among the top five countries in production of 12 minerals — main…
Shares of Crown Resources (TSE) have slid steadily downhill since late last year, when the junior announced plans to withdraw from the Kettle River gold operation in northeastern Washington. In mid-Fe…
An amended proposal to acquire the outstanding shares of Minnova (TSE) has been made by Metall Mining (TSE). Each Minnova share can be exchanged for one Metall share, $4 cash and half of a warrant to …
Drilling on the Albino concession in Venezuela’s Kilometre 88 district has returned mixed results for joint-venture partners Eurus Resource (VSE) and Crystallex International (VSE). Drilling was focus…
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