Full-scale gold production is being planned for next summer at the La Colorada project near Hermosillo, Mexico, held by private company Eldorado and a unit of Campbell Resources (TSE). Eldorado, which…
The drop in world metal consumption is adding to miners’ woes as producer and terminal market metal stocks rise to the highest levels in recent years. In reaction, prices are slipping as consumers res…
A unit of Kennecott recently terminated an option to earn an interest in the Lockwood volcanogenic massive sulphide property near Everett, Wash. The project is owned 65% by Island-Arc Resources (VSE) …
The game plan of American Barrick (TSE) from the beginning has been to use hard cash to buy partly developed mining properties and then take them into production. Or, the Toronto-based gold producer h…
Gold producer Echo Bay Mines (TSE) has two major development projects in southeast Alaska, Alaska-Juneau and Kensington. Together, they have the potential to increase annual gold production by about 4…
Toronto-based Menora Resources (ME) says it has acquired an exclusive lease over the Estrella del Norte gold project in the Mexican state of Zacatecas. The company says it will continue to test the pr…
On Oct. 16, along with four colleagues from the mining and brokerage communities, I left for China on a 16-day fact-finding mission. Our visit was divided into four areas: Beijing, where the centre of…
Operator Western Quebec Mines (TSE) expects to be hauling ore from the Dubuisson East deposit near Val d’Or, Que., before month-end after completing a 1,000-metre drift from its neighboring Joubi gold…
Despite weak market conditions, Nerco (NYSE) is still considering the possible sale of its minerals subsidiary which owns and operates a number of precious metal mines, including the Con gold mine at …
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov. 24 Nov. 23 Nov. 20 Nov. 19 Nov. 18 Copper 1410-1411 1403-1404 1396-1397 1393-13…
As a result of weak demand in the worldwide steel business, Cyprus Minerals (NYSE) recently announced a temporary shutdown of its Thompson Creek primary molybdenum mine in Idaho. The operation employe…
Higher costs at the Red Lake mine, lower realized gold prices and lower revenues at Havelock Lime contributed to a 82% drop in earnings at Dickenson Mines (TSE) for the first nine months of the year. …
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.