Few political activities are as fraught with frustration as the negotiation of native land claims. For this reason, some governments prefer to undertake the sensitive exercise entirely behind closed d…
Partners SouthernEra Resources (SUF-T) and De Beers Consolidated Mines (DBRSY-Q) have started commercial production at their M1 kimberlite project in northern South Africa.Processing of diamondiferous…
Roller coasters head up, as well as down, and for the Doyon mine, a short distance east of Rouyn-Noranda, the ride seems to be heading up again.Doyon, which has suffered from high costs over the past …
A $3.7-million charge related to the sale of properties in Nicaragua pushed High River Gold Mines (HRG-T) out of the black and into the red for the quarter ended June 30.The Toronto-based company repo…
Recent insider trading transactions reported by the Ontario Securities Commission include the following:* Aber Resources (ABZ-T) — Kenneth Hanna, director, bought 10,000 shares indirectly at $12.65 t…
By year-end, some two months ahead of schedule, Bolivar Goldfields (BVG-T) expects to have completed fine-tuning of the mill and achieved full production at its newly commissioned Tomi gold mine in Ve…
With weak copper and gold prices sending shares of producers to their lowest levels in years, some companies are diving into the bargain-basement equity market to buy back their own shares.As the Dow …
Stepout drilling at the El Penon gold-silver project in northern Chile has more than doubled the strike length of the Quebrada Colorado gold-silver zone.Owner Meridian Gold (MNG-T) recently received r…
While many of its peers are chasing mineral deposits in Africa, Latin America and Southeast Asia, Cumberland Resources (CBD-T) has chosen to concentrate its exploration efforts in Canada’s Far North. …
In 1919, I left my job as an Ontario mines inspector to work for the Longyear Company in Minneapolis, Minn., on its shaft contracts.My family came from Ontario with me, but, because I was often on the…
I wish to clarify your description of the terms of our agreement with Anatolia Minerals Development, as described in a recent issue (“Rio Algom teams with Anatolia in Turkey,” T.N.M., Sept. 7-13/98).I…
The Asian economic crisis has continued to have an adverse effect on gold demand in those markets, with the exception of Vietnam. However, gold consumption turned positive in the second quarter as dem…
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