1999

Infill drilling at the Feitais deposit, part of the formerly producing Aljustrel property in southern Portugal, continues to intersect zinc grades that are significantly higher than prefeasibility est…

In an ongoing effort to pare down its assets and concentrate on its core business, Cyprus Amax Minerals (CYM-N) has entered into an agreement to sell its coal subsidiary to Germany-based RAG Internati…

Last-minute talks have failed to prevent Canada’s largest producing base metal mine, Highland Valley Copper, from shutting down indefinitely.Situated 50 km from Kamloops, B.C., the mine is a partnersh…

Lower production rates and low gold prices took their toll on Glamis Gold (GLG-T) during the first quarter.The company posted a loss of US$3.3 million (or US7 cents per share) on revenue of US$7.9 mil…

Hecla Mining (HL-N) has signed a purchase agreement to acquire all the assets of Monarch Resources (MRE-T) for US$25 million.The deal would see Hecla assume ownership of Monarch’s La Camorra gold mine…

The Vancouver Stock Exchange composite index jumped 15.81 points, or 3.5%, to close the week ended May 18 at 467.05. The mining index remained steady, gaining only half a point, or 0.18%, to finish at…