Falconbridge (FL-T) reports that its Raglan nickel mine on northern Quebec’s Ungava Peninsula is expected to reach its rated capacity of 21,000 tonnes of contained nickel by mid-1998.The $570-million …
The government of Newfoundland and management of Inco (N-T) are back at the bargaining table trying to hammer out a deal that would allow development of the company’s Voisey’s Bay nickel-copper-cobalt…
Toronto-based Platinova (PAS-T) has been granted the exploration rights to a parcel of land in northwestern Greenland.The property hosts a zinc showing that was outlined by Greenland government geolog…
Insular Explorations (ISX-V) has signed a deal with Blackstone Resources (BZZ-A) to earn a 70% interest in that company’s El Diamante gold project in Chihuahua state, Mexico.In order to earn an initia…
For Inter-Rock Gold (IRO-T), low gold prices translated into a loss of $1.8 million (or 11cents per share) for 1997.Revenue for the year amounted to $6.3 million, which was entirely derived from the s…
British Columbia gold producer Prime Resources Group (PRU-T) has bucked the industry trend and posted a profit for the first quarter.With record production of 164,860 oz. gold-equivalent, Prime earned…
Calgary-based Nebex Resources (NBX-T) is encouraged by results from the first hole drilled on its Munelle polymetallic deposit in north-central Albania.Late last year, the company received government …
Record gold production and higher revenues were not enough to keep Eden Roc Mineral (EDN-T) out of the red in 1997.For the year ended Dec. 31, the Toronto-based company lost $15.4 million on revenue o…
Russia’s Vneshtorg Bank will provide backing to Armada Gold (AAU-T) in the form of a gold sales commission agreement, paving the way for development of the Baley gold project in southeastern Siberia.T…
LatinGold (LAT-T) has signed an agreement with a private firm to earn a 60% interest in two silver-gold properties in Mexico’s Guanajuato state.LatinGold can earn its interest in two stages, each of w…
Abacus MineralsAber ResourcesAbitibi MiningAfrican Selection MiningAGC Americas GoldAlhambra ResourcesAlpha GoldAmax GoldAmerican Bullion MineralsAnglo AmericanAntares MiningAnzex ResourcesArizona Sta…
The state of British Columbia’s mineral exploration industry has yet to show signs of recovery.According to the British Columbia Geological Survey, exploration expenditures in the province declined by…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.