News

Vancouver — Drilling by Miramar Mining (MAE-T) has expanded the gold resource at the Hope Bay project in Nunavut.

Although grades are being hampered by the processing of mud-rich kimberlite material surrounding the A-154 South orebody, the Diavik mine in the Northwest Territories is operating at levels comfortably ahead of design capacity rates of 1.5 million…

First Quantum Minerals (FM-T) is reaping the benefits of an expansion of its Bwana Mkubwa copper plant in northwestern Zambia.

Vancouver — BHP Billiton Diamonds, a unit of mega-miner BHP Billiton (BHP-N), has secured rights to earn up to 70% of the so-called Big claims, held by ValGold Resources (VAL-V) in northern Manitoba.

McWatters Mining (MWA-T) has agreed to sell the balance of its Kiena mine royalties to Wesdome Gold Mines (WDG-V) for $2.2 million, including the assumption of $700,000 in debt.