South Africa-based diamond house De Beers announced recently that it will buy more diamonds from producers because of an improvement in the market. The company controls more than 80% of the global tra…
The president of a mining company in Kirkland Lake, Ont., has predicted there will be a diamond mine in that camp by the year 2000. No doubt Carl Forbes would like his company, Strike Minerals (CDN), …
Mining companies looking to cash in on the unknown metallic minerals potential of Alberta should tread carefully, as there are untold and untested environmental and bureaucratic pitfalls around many c…
At a time when it is difficult to finance, develop and operate a hardrock metal mine, some junior mining companies are opting for less cost-intensive projects in the industrial or specialty mineral se…
Quebec’s mining industry should profit from this year’s projected moderate growth of the world economy. With the forecast increase in mineral consumption in 1993, the total value of mineral shipments …
Native land claims settlements coupled with a government campaign to encourage mining are providing fresh opportunities for exploration companies in Alaska. Environmental constraints remain, however. …
It was not a great year for the chromium industry in 1992, which was characterized by oversupply and declining prices for chromite ore and ferrochromium. The price of high-carbon ferrochromium in the …
Exploration expenditures in British Columbia continue to decline. The major companies at least have a barrage of claims from which to choose and the ready cash to hold tight until political prospects …
African countries, their economies tied to cash-crop production, have watched with despair the collapse for over a decade of international prices for their commodities. According to World Bank project…
Toronto-based Lac Minerals (TSE) has initiated an “odd-lot selling program” to buy shares of Lac and certain predecessor companies from shareholders who hold 99 shares or fewer. For shareholders with …
A hole drilled while testing for electromagnetic anomalies on the Fox Stimson property, 70 km northeast of Timmins, Ont., has intersected three mineralized zones, reports Cross Lake Minerals (VSE). No…
A recalculation of minable reserves at the Goldstream mine near Revelstoke, B.C., has resulted in a 26% increase over estimates made last November. Bethlehem Resources (TSE) and Goldnev Resources (VSE…
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