Ore depletion, low metal prices and depressed market conditions resulted in the permanent closure or suspension of 33 Canadian mines in 1991, according to the Mineral Policy Sector of Energy, Mines an…
The Mining Association of British Columbia doesn’t like the first provincial budget brought down by Michael Harcourt’s New Democratic Party. The industry is taxed-to-the-max already, the association s…
The Canadian Institute of Mining and Metallurgy (CIM), Toronto Branch, is organizing a spring field trip to the Black Hills of South Dakota. Scheduled for the week of May 17-24, the trip will take in …
The Sterling mine produced its 100,000th oz. of gold in March, a day of celebration for Cathedral Gold (TSE) which owns 52% of the heap leach operation near Beatty, Nevada. The mine has been in produc…
A group of 14 Canadian mining companies have contributed a total of $192,000 to start up an exploration division within the Mining Industry Technology of Canada (MITEC). With research and development …
The first phase of a US$100-million modernization and expansion project was recently completed by Cyprus Minerals (NYSE) at its copper smelter in Miami, Ariz. Copper concentrate feed was loaded into t…
With the recent sale of its 50% interest in the Ivanhoe joint venture in Nevada for US$13.4 million, Galactic Resources (TSE) is a step closer to completing a restructuring of its assets. The company …
Gold: Prices of the yellow metal continue to retreat under mild selling pressures to the US$340-per-oz. level. Rumored sales by “large sellers” added little to the movement. While traditional uses for…
Having won environmental approval for its Pine Cove gold project in Newfoundland, NovaGold Resources (TSE) is preparing to raise $14 million to build a 1,500-ton-per-day vat leach operation. NovaGold …
Drilling at the Douay gold property in the Casa Berardi region of Quebec is extending the boundaries of the targeted zone’s mineralization, Societe d’Exploration Miniere Vior (ME) reports. The zone, w…
Manitoba is introducing new incentives designed to stimulate mineral exploration and development in the province. Unveiled recently at the annual Prospectors and Developers Association of Canada (PDAC…
An undisclosed major mining company recently entered into negotiations with Lodestar Explorations (VSE) to earn a joint venture position in Lodestar’s East and West Taurus properties in eastern Alaska…
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