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. …
Noted mining broker Cuthbert (Cuffy) Batten Dixon died of a heart attack on Nov. 22. He was 83. Born and educated in Cobalt, Ont., Dixon started as an underground miner at the Wright-Hargraves gold mi…
The governments of Canada and British Columbia recently agreed to spend $10 million over five years to strengthen and diversify the western province’s mineral industry. British Columbia Mines Minister…
If the Troilus gold property in northern Quebec gets the go-ahead, it will be one of Canada’s larger mine developments in recent years. It will be the largest gold producer in the Chapais-Chibougamau …
The world’s largest producing diamond mining project is the Argyle open pit mine in western Australia, 2,200 km northeast of Perth. Argyle, which produced 35 million carats in 1991, is 40% owned by As…
Gold production increased to 378,000 oz., up 6% over the first nine months of 1991 because of higher output from the Golden Giant and Silidor mines, Hemlo Gold Mines (TSE). The company’s share of gold…
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