S. Atlantic confirms copper-gold find (April 06, 2004)
Vancouver — South Atlantic Ventures (SAA-V) is encouraged by drill results at the Rakkurijarvi copper-gold discove…
Rio Tinto plc
Diavik mine exceeds expectations
The Diavik diamond mine in Canada’s Far North completed its first ramp-up year of operations in 2003, producing more than 3.8 million carats of rough diamonds at an operating cash cost of US$31 per carat.
Miners dodge market slide
A generally poor report period for U.S. equity markets didn’t extend to the mining stocks, which were mostly higher over the five trading days March 17-23 as the Dow Jones industrial average and the S&P 500 index both fell slightly more than 1%.
Canada overtakes South Africa in diamond value
With two diamond mines already established and three projects at the permitting stages, Canada will surpass South Africa this year in terms of diamond production value and move into third place, behin…
EuroZinc closer to Neves Corvo deal
Vancouver — EuroZinc Mining’s (EZM-V) offer to buy the Neves Corvo copper mine in Portugal has been accepted as a conforming bid by the jury handling the tendering process.Up to 30 days are expected …
Tahera’s Jericho inches closer to development
The environmental impact statement for the Jericho diamond project of Tahera (TAH-T) has won conditional approval from the Nunavut Impact Review Board. The board’s findings have been forwarded to the …
Continental heads to Tibet
Continental Minerals (KMK-V) intends to drill-test an early-stage copper-gold discovery at the Xietongmen project, 240 km southwest of Lhasa in Tibet. The Vancouver-based junior, part of the Hunter-Di…
Anatolia buys 100% of Turkish find
Ilic, Turkey — It’s the Tom Prices, Escondidas and Grasbergs of tomorrow that Rio Tinto (RTP-N) is looking for — large, long-life, low-cost assets that have a material impact. At an estimated resour…
Greystar resumes exploration at Angostura
Bucaramanga, Colombia — After a few very tough years at its multi-million-ounce Angostura gold project in Colombia, a resurgent gold price and a dramatically improved security situation have combined…
Silver stocks take flight
With silver spot prices soaring US20, to US$5.86 per lb., all the U.S.-listed silver stocks enjoyed strong gains during the 4-day period ended Dec. 29.Leading the way was Idaho-based Coeur d’Alene Mi…
Verena dusts off Bonfim (January 05, 2004)
With $1.8 million in hand from a private placement, Verena Minerals (VML-V) is preparing to dewater and refurbish underground workings at the Bonfim gold-tungsten-bismuth project, 120 km west of Natal…
Miners hit new highs
With base metal prices rising across the board in response to a weakening U.S. dollar, U.S.-listed base metal majors basked in new multi-year highs during the 4-day period ended Dec. 22.Alcoa led the …