Soon after being elected premier in 1972, Dave Barrett haughtily told mining companies that he wanted a copper smelter built in British Columbia to process resources so that greater benefits could flo…
A US$34-million provision for liabilities arising from the tailings dam failure at the Los Frailes mine in Spain gave Boliden (BOL-T) a loss of US$52.1 million over the second quarter of 1998.The comp…
Argosy Mining (AGO-V) has spent more than $800,000 in acquiring a 19% interest in Australian-based Andover Resources.The Vancouver-based junior acquired 3 million shares of Andover, which controls the…
Partners Pangea Goldfields (PDG-T) and Explorations Minires du Nord (MDN-M) have revised their joint-venture agreement affecting three properties in the Lake Victoria Goldfields district of Tanzania….
Viceroy Resource (VOY-T), eager to test-drive a new gold property in the Argentine Andes, has scheduled drilling for late August.The property, called Gualcamayo, is underlain by limestones that are, i…
The newly opened Kemess gold-copper mine in north-central British Columbia is well on its way to meeting production targets, reports owner Royal Oak Mines (RYO-T).As a result of meeting assay specific…
A proposed merger agreement would see Glamis Gold (GLG-T) acquire all the issued and outstanding shares of Mar-West Resources (MSR-V).Under the proposed arrangement, each Mar-West shareholder would be…
The Yakutia region of northeastern Russia produced cut and polished diamonds worth US$20 million in the first half of 1998.As a result of a shortage of rough diamonds, Tuimaada Diamond, the region’s l…
Luscar Coal Income Fund has revised its original offer to unit-holders of Manalta Coal Income Trust in its bid to take over Canada’s largest coal producer.Luscar has extended its offer to Aug. 28 and …
A methane blast at a coal mine in eastern Ukraine has killed 24 miners, seriously injuring four others.Rescue workers have recovered 20 bodies since the Aug. 16 explosion at the 19th Communist Party C…
Aug. 31, AranleeAug. 31, Canadian MonoAug. 31, GoldmaxAug. 31, GronarcticAug. 31, Porcher Island GoldAug. 31, Red EngineAug. 31, RichmarkSept. 2, AquestSept. 2, CancorSept. 2, Cotton ValleySept. 2, Ne…
Roberston Stephens Investment Management, a large fund with numerous mining and mineral exploration interests, has increased its holdings in DiamondWorks (DMW-V). The fund, which is required to report…
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