Proceeds from a recently completed private placement will enable Nevada Pacific Gold to fund exploration at its Woodruff Creek and Limousine Butte projects in Nevada.The private firm raised $1.5 milli…
A U.S. bankruptcy court has given Pegasus Gold (PGU-M), which filed for protection from creditors in January, more time to reorganize its corporate structure.The company now has until July 31 to file …
* A “Qualified Person” must sign off on all corporate disclosures by mineral exploration companies.The report defines “Qualified Person” (QP) as a licenced professional, regulated by a professional bo…
The past few weeks were eventful ones for the Canadian mining industry.David Walsh, the disgraced founder of Bre-X Minerals, died in a Caribbean hospital of a brain aneurism and related stroke. The Mi…
These are tough times for the nickel business, and some analysts contend that a crisis is looming in the years ahead as a new crop of nickel projects comes on stream, including some high-profile Austr…
Gold Funds as of June 4, 1998BGRCentralNet Value$14.90$5.82Price$10.70$5.
Cimarron Minerals (CIU-V) has begun field work in preparation for core drilling at the Schell Ranch volcanogenic massive sulphide property in central California.The company expects to kick off a 4,000…
Having secured funding from its partners, White Knight Resources (WKR-V) is exploring for gold at both ends of Nevada’s Carlin trend.The Vancouver-based company currently has two drilling programs at …
Despite increased production and shipments, British Columbia’s mining industry posted a 26% decline in profits in 1997, according to a report by Price Waterhouse.Mining Industry in British Columbia 19…
AMT International Mining (AAI-T) is looking to expand known copper reserves at the Copper Creek property in southern Arizona.Copper Creek is a 50-50 joint venture with BHP Copper, a unit of Broken Hil…
As soon as permits are in hand, Oro Nevada Resources (ONV-A) plans to commence drilling at its DeWitt gold project in the Battle Mountain trend of central Nevada.The company expects the Nevada Bureau …
All aspects of uranium mining and nuclear power will be discussed at the 1998 World Uranium Mining Congress, set for June 22-23 at Toronto’s Delta Chelsea Inn.The event is being organized by AIC World…
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