Mining companies may be familiar with the competitive nature of business, yet many governments are not. However, this would appear to be changing, as an increasing number of countries are now competin…
An option on the Douay gold deposit near Joutel, Que., has been dropped by Cambior (TSE). The agreement had required Cambior to finance development of the deposit to earn a 50% interest from Vior Mini…
In a stock swap valued at about US$162 million, Homestake Mining (NYSE) plans to assume sole ownership of its Australian subsidiary.The company will exchange 9.8 million shares of its common stock for…
In the Matagami region of northern Quebec, Normabec Mining Resources (ME) is exploring for nickel-copper sulphides and precious metals.Normabec entered an agreement with Soquem to acquire an interest …
Vancouver-based Rea Gold (TSE) has seen geological gold reserves increase at its Bissett mine, about 160 miles northeast of Winnipeg, Man.Geological reserves at the former producer are now estimated a…
A joint-venture agreement with Eastfield Resources (VSE) gives Prism Resources (VSE) the right to earn a 50% interest in a group of properties in the Tonopah gold mining district of west-central Nevad…
At a time when environmental constraints are dissuading many North American mining companies from carrying out work at home, it is reassuring to see an operation overcome these obstacles and reach pro…
The Omai gold mine in north-central Guyana was shut down when it was discovered that effluent had seeped through the tailings dam and into the Omai River.The market took instant notice of the spill. S…
Al-Nashir Jamal appointed director and chairman; Louie Mikulic appointed president and director; Allan Beaton appointed director and vice-president of mining; Hans Schwabl appointed director and vice-…
— 1995 — Aug 22Aug 21Aug 18Aug 17Aug 16 High LowComposite”300″4601.684608.304619.924620.174608.384718.273983.34Metals&Minerals5239.345252.775222.305241.395106.885276.123273.56I…
Drills are turning again on the Rainbow joint venture near Kamloops, B.C.Partners Getchell Resources (VSE) and Teck (TSE), which own 30% and 70%, respectively, are carrying out this second phase of wo…
Persistence has paid off for one junior exploration company in western Quebec. Initial development of the Aubelle deposit by JAG Mines (ME) has yielded 1,300 tonnes of development ore.After processing…
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