News

New contract for CEZinc employees

Employees at Noranda Income Fund‘s (NIF.UN-T) Salaberry-de-Valleyfield, Que.-based zinc refinery, operated and managed by Canadian Electrolytic Zinc, have voted 60% in favour of a new collective agreement.


Canada, Australia lead in uranium

Over the past 40 years, uranium has become one of the world’s most important energy minerals. It is used almost entirely for making electricity, though a small amount is used for the important task of producing medical isotopes.


Denton-Rawhide open pit eyed as waste dump

Vancouver — The Denton-Rawhide joint venture hopes to generate millions in tipping fees through a new deal that could see its open pit near Fallon, Nev., being used as a municipal waste dump.



Central America attracting bigger fish

Encouraging exploration results from Central America, particularly Nicaragua, have attracted at least one big player to a region largely ignored by gold producers in the recent past.


Churchill kimberlite camp proves frustrating

Despite disappointing microdiamond results from a second year of drilling on the Churchill joint venture in eastern Nunavut, Shear Minerals (SRM-V) and Stornoway Diamond (SWY-V) continue to promote the project…


Nevada mine sites, past and present, attract bulk of exploration

Vancouver — Exploration spending in the U.S. has been in sharp decline for most of the past decade, falling 66% to below US$150 million in 2002 from 1997 levels, with a 77% drop in new claims over the same period. Weak metal prices and relentless…


New resource at Beaver Dam

A preliminary resource calculation for Acadian Gold (ADA-V) on the Beaver Dam deposit in central Nova Scotia indicates a measured and indicated resource of 1.3 million tonnes grading 2.3 grams gold per tonne, and an inferred res…



Glamis pins hopes on El Sauzal

Vancouver — Glamis Gold (GLG-T) says the recent start of mining and processing at its newly built El Sauzal mine in Mexico will lead to higher overall gold production at lower costs.


Equinox rethinks Lumwana

A change in the development plan at the Lumwana copper project in Zambia promises to reduce capital costs for operator Equinox Minerals (EQN-T).


Vannessa seeks relief through World Bank

Vancouver — Vannessa Ventures (VVV-V) has registered a Request for Arbitration against the government of Venezuela through the International Centre for Settlement of Investment Disputes (ICSID), part of the World Bank Group. Th…


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