Brazil needs cash. And to get it, the government is paying gold miners in the country a 60% premium on the average London fix price to discourage them from selling it outside the country on the black …
A new aluminum contract denominated in American dollars will begin trading June 1 on the London Metal Exchange (lme). The new contract, which will have a delivery point in Singapore, the first outside…
Mining seems to appeal to Ontario Premier David Peterson. The premier, who has been acting minister for some time of the province’s ministry of northern development and mines, said he is “enjoying the…
Hot on the heels of its purchase of 51% of Mascot Gold Mines, Lacana Mining has reached two agreements for the sale of five million common shares. In one deal, Lacana has made an agreement with Gordon…
An in-house feasibility study prepared by Canamax Resources and audited by Wright Engineers recommends production for the Ketza River gold property in the Yukon. The $21.1- million project is a joint …
A 3,000-ft drill program completed by Gowest Amalgamated Resources has intersected two zones of gold mineralization. The drilling in Denton Twp., Ont., intersected in the first hole an 11.7-ft section…
The world’s largest open pit heap leach gold mining operation is about to double in size. The Round Mountain mine in Nye Cty., Nev., owned by Echo Bay Mines (50%), Homestake Mining (25%) and 25% by Ca…
Golden Trio Minerals has acquired an option on a 166-claim property in Pic Twp., Ont. Located west of the Hemlo gold mines, the claims are held by International Maple Leaf Resources. Golden Trio has t…
The story in the March 30 issue of The Northern Miner regarding production dates set at the Cargo Muchacho project in southern California and the Kirkland Lake tailings project refers to Eastmaque Gol…
Flow-through shares of Dolphin Explorations will be issued to a fund at a price of $1.19 per share, not at $1 as was previously announced by the company. Dolphin will receive proceeds totalling $357,0…
Toronto-listed Joutel Resources has agreed to enter into a private placement agreement with Balmoral Resources NL of Western Australia. Under the terms of the transaction, Joutel will issue up to 400,…
A portfolio of mineral properties has been put together by Pelangio Larder Mines which will be explored for gold this year, the company says. President J. A. G. Mortson says the company plans to joint…
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.