Rio Narcea extends gold zone in northern Spain
Drilling at the El Valle mine in northern Spain is expanding high-grade gold mineralization in the recently discovered Sienna zone.The southernmost of the 13 holes that have penetrated the zone so far…
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MINING MARKETS & INVESTMENT NEWS — QUERY — New Golden Sceptre under suspension
I own shares in New Golden Sceptre Minerals but have not been able to learn about that company. In fact, it has been over three years since I received any communication from them. The last address I h…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Producers keep TSE buoyant, Barrick continues upward climb
Resource stocks enjoyed a robust period of trading during the report period Nov. 4-10, with both mining groups showing substantial gains. The Toronto Stock Exchange precious minerals and metals sub-in…
Noranda to expand smelter
Subject to environmental and other approvals, a US$170-million expansion and modernization program will be carried out at the Altonorte copper smelter near Antofagasta, Chile.Toronto-based Noranda (NO…
DIAMOND PAGE — Attack on Angolan mine leaves 8 dead, 5 missing
A search of the Yetwene diamond mine property in northeastern Angola has turned up the bodies of two workers, bringing to eight the number of men killed during an armed attack. The mine is operated by…
Apex expands size of San Cristobal deposit
Drilling at the San Cristobal silver-zinc-lead deposit in southern Bolivia has resulted in yet another increase in reserves.Apex Silver Mines (SIL-X) boosted the size of the deposit by half following …
Agnico starts up Laronde’s zinc circuit
With the attainment of commercial production from a new zinc circuit during the third quarter, Agnico-Eagle Mines (AGE-T) has reached another milestone in its expansion program at the Laronde gold min…
Nord weighs development options for Tritton
Based on the positive results of a feasibility study, Nord Pacific (NPF-T) is weighing the merits of two mining scenarios for its 50%-owned Tritton copper project in New South Wales, Australia.Fortuna…
Magnesium Alloy advances Kouilou project
A letter-of-intent agreement between Magnesium Alloy (MGAC.U-C) and engineering firm SNC-Lavalin paves the way for advanced studies on the former’s Kouilou magnesium project in the Republic of Congo.T…
Mine exceeds targets
Partners High River Gold Mines (HRG-T) and TVX Gold (TVX-T) expect that 1998 production from the New Britannia gold mine will exceed the target of 92,500 oz.The companies each own half of the undergro…
Amblin hits massive sulphides at Lyndhurst
Amblin Resources (AX-A) has intersected two massive sulphide zones and a copper stringer zone at Globex Mining Enterprises’ (GMX-T) Lyndhurst property, north of Rouyn-Noranda, Que.Hole 98-6, the lates…
AMT finds partner for Copper Creek
A partnership with the American unit of an Australian mining company sets the stage for AMT International Mining (AAI-T) to advance its Copper Creek project, northeast of Tuscon, Ariz.AMT and GTN Copp…