A second-phase exploration program will begin this fall on the Silver Butte mine property in Oregon. The program will be carried out by Formosa Resources (VSE), mine operator, with funding provided by…
TSA Explorations Ltd. (VSE) has changed its name to Boron Chemicals International Ltd. with no consolidation of capital. The transfer agent is Montreal Trust.
Recent drilling results from the Yankee project have owner USMX (NASDAQ) predicting an extension to the mine’s life. The discovery is within the Yankee project near Ely, Nev., about two miles from the…
A buyer will be sought for the Greenhills coal mine in British Columbia’s Elk Valley which reopened in early September after an agreement-in-principle was reached among the British Columbia government…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sept. 8 Sept. 7 Sept. 4 Sept. 3 Sept. 2 Copper 1229-1230 NA 1251-1252 1246-1248 1245…
Semi-monthly reports as of August 31, showed 30,372,811 shares of 582 issues compared with 28,509,127 shares of 579 issues on August 15. Larger individual positions included: Aber Res. 80,800, down 28…
In 1988, Saskatchewan witnessed a preview of today’s diamond rush in the Lac de Gras area of the Northwest Territories. Encouraged by news of a diamond discovery and subsequent land grab by De Beers C…
A 6-year, $26-million transportation agreement has been signed with Glenbrook Nickel Co. for the annual movement of about 700,000 tons nickel ore, Trimac Transportation reports. The ore will be shippe…
The first reading of a De Beers (LSE) annual report by anyone unfamiliar with the business would be puzzling if not downright frustrating. How can a company that produces less than 8% of the world’s n…
While most of the industry’s attention this year has been focused on the diamond play of BHP Minerals Canada in the Lac de Gras region of the Northwest Territories, the gold potential of this vast and…
The Nova Scotia government has postponed development of a strip coal mine near the Westray coal mine site that claimed the lives of 26 miners in May. Provincial Environment Minister Terry Donahoe has …
At a Sept. 24 luncheon, Christopher Jennings will address the timely question: “Will diamond mining in Canada become a reality?” The meeting is hosted by the Toronto Branch of the Canadian Institute o…
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