A recent agreement will allow Zicor Mining (ZMI-V) to acquire a 51% interest in the Toro property from owner Da Capo Resources (DCX-V).Situated in Bolivia, the property contains several large zones of…
The signing of a letter of intent sets the stage for Mountain Lake Resources (MOA-V) to acquire the Copper King property, some 18 miles west of Cheyenne, Wyo.The junior plans to form a joint venture w…
Imperial Metals (IPM-T) has begun constructing its 55%-owned Mount Polley gold-copper mine, near Williams Lake in south-central British Columbia.Contracts exceeding $40 million have been awarded for m…
If necessity is the mother of invention, five copper projects in northern Chile can call her Grandma. All are in production, or headed that way, because metallurgical technology has improved their fea…
In May 1996, Ego Resources (EGO-T) produced 14,700 lb. of cobalt, up from 7,600 lb. in April. At current spot prices, May’s production had a market value of about US$400,000.The company’s Cobatec coba…
A combination of favorable features — widespread alluvial gold, the presence of numerous small mines, and reports of secondary copper mineralization — have lured Samex Mining (SXG-V) to the Santa Is…
With results from four drill holes in hand, Nebex Resources (NBX-A) has confirmed the presence of massive sulphides at its Mirdita concession in northern Albania.The drilling shows that the mineralize…
An agreement with a Chilean individual sets the stage for Yuma Gold Mines (YUM-V) to acquire the Sierra Miranda copper mine, 50 km northeast of Antofagasta.The mine was previously owned by a unit of A…
A 10-hole diamond drill program is about to start at El Valle, a 93-hectare concession acquired by Procoloro Resources (PCH-M) in Colombia.The property adjoins La Arenosa, an advanced property with a …
As the price of gold tumbled to its lowest level in 15 months, a widespread selloff of junior mining stocks hampered western markets over the report period ended June 11.The Vancouver Stock Exchange c…
A lawsuit regarding the overstaking of claims near Midas, Nev., has been resolved.Under the terms of the settlement, the Midas joint venture, a 50-50 partnership between Franco-Nevada Mining (FN-T) an…
People connected with open-pit mining are familiar with the Bucyrus-Erie Corporation (B-E) as the builders of the world’s largest shovels and draglines.In the 1930s, B-E manufactured a line of low-wei…
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