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Newmont Mining's Ovacik open-pit gold mine in western Turkey. Newmont has deferred the proposed sale of the mine to Frontier Pacific Mining pending completion of certain permitting requirements.

Ovacik mine closed, sale on hold

Vancouver — Closure of Newmont Mining‘s (NEM-N) Ovacik gold mine in western Turkey has deferred the proposed sale of the mine to Frontier Pacific Mining (FRP-V).



The value of ‘social licence’

“Corporate social responsibility,” “social licence,” “social investment,” “millennium development goals,” “poverty alleviation,” “community development”. . . Suddenly, a whole new jargon has emerged, and with it, increased complexity for mining pr…



IUC explores Athabasca properties

Vancouver — With prices for yellow cake near 20-year highs, International Uranium (IUC-T) is raising $5 million by way of a private placement to finance exploration of its projects in Canada.


Canadian Stock Exchange Indices (September 06, 2004)



Radius Gold President Simon Ridgway (centre) and analyst Brent Cook (left) examine silicified boulders at the Pavon North vein in Nicaragua.

Radius explores for gold in Nicaragua

Waslala, Nicaragua — Using good old-fashioned prospecting, Simon Ridgway and his exploration team at newly merged Radius Gold (RDU-V) have turned up an exciting grassroots gold discovery in this Central American country.


The aluminum beer bottle, produced jointly by Alcoa and Pittsburgh Brewing.

Aluminum beer bottles

Pittsburgh Brewing Co. and Alcoa have jointly developed an aluminum beer bottle. The announcement follows a history of innovation between the two companies, which led to the first pull-top can in 1962 — a major innovation in the beer and soft-dri…


BHP Billiton, JFE Steel ink iron ore deal

BHP Billiton (BHP-N) and JFE Steel have entered into a joint-venture agreement that includes the proposed sale of 16 million tonnes of iron ore per year from BHP Billiton over the next 11 years.



Kagara Zinc plans copper production

The Balcooma property is near Newcrest’s Mount Garnet milling facility, where detailed design work is under way to create a copper circuit. Conditioning tankage will be added and upgrades to the filter system are planned.


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