A study of samples from the Bajo de la Alumbrera project in Argentina indicates copper and gold recoveries of 91% and 70%, respectively, at average feed grade. Lakefield Research, near Peterborough, O…
By late October, Manhattan Minerals (VSE) expects to have the results of a final feasibility study for its Moris heap-leach gold project in Chihuahua state, Mexico. Based on a pre-feasibility report e…
Toronto-based Lac Minerals (TSE) may continue its legal action to block the sale of a majority interest in the Lisheen lead-zinc deposit in Ireland, that country’s High Court has ruled. Lac offered US…
A new zone of massive sulphide mineralization has been intersected by Rio Algom (TSE) on Key Anacon Mines’ (TSE) property in the Bathurst camp of New Brunswick. Significant results include: 18.62 metr…
Mining in New Brunswick started in 1839. In that year, French sailors removed several chaldrons of coal from the Grand Lake area and sent them to Boston. The shipment represented New Brunswick’s first…
BGR Central Net Value $13.81 $6.41 Price $12.00 $6.625 Discount 13.12% 3.4% Value $77,366,000 $119,907,863…
Continuing losses have prompted Southern Copper (VSE) to close its 70%-owned Oracle Ridge copper mine in Arizona until mid-October. The company plans to review all aspects of the mill to consider poss…
The U.S. federal government has been asked to conduct an inventory of abandoned mine sites. The request came from the president of the American Mining Congress (AMC), John Knebel, who asked for an inv…
Drilling is under way on the Woolgar-Tree River area, east of Coppermine, N.W.T., reports Rhonda Mining (ASE). The program is designed to test large geophysical (induced polarization) anomalies in the…
Regulators have approved a rights offering for Dufresnoy, Societe d’exploration miniere (ME). Each shareholder will receive one right for each common share held. Four rights will buy one unit (compris…
Having decided to focus on coal mining, Nerco, a wholly owned subsidiary of RTZ (NYSE), has sold its oil and gas assets for about US$510 million in cash. RTZ bought Nerco in June for about US$470 mill…
With the drills still turning on the Casino copper-gold property in the Yukon, Pacific Sentinel Gold (VSE) has expanded its budget for this year’s work by $3 million to a planned total of $10.2 millio…
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