The strongest nickel and copper markets in five years are being reflected in the bottom line at Inco Ltd. The world’s largest producer of nickel reports third-quarter earnings of $41.4 million compare…
Vancouver-based Newfields Minerals has reached an agreement with Lac Minerals which, Newfields hopes, will allow it to expand reserves at its Kirkland Basin gold prospect in Kirkland Lake, Ont. During…
The Canadian Advisory Committee on Mining Automation, under chairman Jacques Nantel of Noranda, last week in Sudbury approved plans for the Third Canadian Symposium on Mining Automation. It will be he…
The Irish Republican Army casts a long shadow — even over a possible new Irish gold mine. A Dublin-based company, Ennex International (in which Toronto’s Northgate Exploration has a 15% direct and …
Shareholders of Nuinsco Resources have approved an agreement with Echo Bay Mines to proceed with the second stage of underground exploration on Nuinsco’s Cameron Lake property near Kenora in northwest…
An Australian company, Balmoral Resources nl, has agreed to purchase the majority of Canada Tungsten Mining’s interest in Vancouver-based Queenstake Resources. The shareholding has been for sale for s…
A production decision is still some time away for the Deka (Donalda mine) prospect in northwestern Quebec, but Syngold Exploration President Barry Simmons is confident the project will be developed. A…
Citing low mine production and weak zinc prices, Brunswick Mining and Smelting recorded flat earnings of $3.55 million for the third quarter ended Sept 30. These earnings include an extraordinary gain…
Improving gold prices and lower unit production costs were responsible for a third-quarter earnings increase of 94% compared with last year’s results, Battle Mountain Gold has said. According to Chair…
The slide on the Toronto Stock Exchange continued, whipsawing investors with violent swings as it declined. The shortlived rally of Oct 21 was obliterated by three days of losses which wiped out anoth…
Vancouver-based Radcliffe Resources has concluded a joint venture agreement with City Resources involving Radcliffe’s Graham property on British Columbia’s Charlotte Islands. The Radcliffe property is…
Gold recovery during the second and third quarters will be 7,300 oz with an estimated production cost, including processing, of $227(US) per oz, Canreos Minerals reports. The company says it mined 65,…
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