An evaluation by Newmont Gold Company (NYSE) of drill results from 16 properties in the Carlin belt has increased its proven and probable reserves by 9% to 16.3 million oz of contained gold. These res…
Vancouver-based Neptune Resources (TSE) has secured the $90-million project loan it needs to complete plant and mill construction at the Colomac gold project in the Northwest Territories. A consortium…
After an 8-year shutdown, the Copper Cliffs mine and mill complex in western Idaho is being reactivated by Silver King Mines (NASDAQ) and Pacific Silver Corp. (NASDAQ). The Utah-based companies operat…
More legal trouble may be brewing over the takeover battle for associated companies Dickenson Mines (TSE) and Kam-Kotia Mines (TSE). Corona Corp. (TSE), which is bidding against gold fund Goldcorp Inv…
Calling for an end to confrontation between conservationists and resource developers, Fisheries and Oceans Minister Tom Siddon has challenged the mining industry to help achieve a new goal of “sustain…
Inco Ltd. (TSE) subsidiary Inco Gold and partner Golden Knight Resources (TSE) celebrated Saint Patrick’s Day by announcing a production decision at the Casa Berardi West zone project in northeastern …
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Mar140.90 137.10 139.80 — 4.80 May136.20 131.50 134.80 …
Editor’s Note: Our policy is to publish each week the most significant developments in the mining industry. Regarding your concerns about our coverage of the Neptune story in particular, we feel that …
Reporting ore reserves is a slippery business at best. Ore, of course, is material that can be mined at a profit. What constitutes ore, however, changes with the price of commodities, mining plans and…
Poor weather conditions and heavy snowfall in the Sulphurets area of northwestern British Columbia have led Catear Resources (VSE) to suspend operations at its Goldwedge mine until April. In the meant…
This year’s exploration and development program at the Estrades polymetallic deposit will include metallurgical testing, road construction and engineering studies leading to final feasibility, partner…
Placer Dome Inc. (TSE) has signed a letter of intent to option Metalore Resources (TSE) Brookbank gold property near Beardmore, Ont. Under the terms of the deal, Placer has the right to earn a 50% int…
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