Worldwide gold production is expected to increase over the next three years, to 83.1 million oz. by 1998, according to The Gold Institute’s annual World Gold Mine Production forecast.South Africa cont…
Gold Funds as of September 19, 1996BGRCentralNet Value$25.11$6.46Price$18.55…
A recent diamond discovery in western Greenland will be followed up with a $6.5-million exploration program over the next year.Toronto-based Platinova A/S (PAS-T) recovered the clear, white stone whil…
Exploration in the vicinity of the Nixon Fork gold mine, near McGrath, Alaska, has uncovered a low-grade gold occurrence.Consolidated Nevada Goldfields (KNV-T) reports that drilling has confirmed the …
Thirty years ago, it was not uncommon for geologists and miners to engage in job-hopping. A new employer, however, was no guarantee of improvement.From 1964 to 1969, I was in charge of a U.S Geologica…
The Toronto Stock Exchange composite index set four records in five trading days over the report period Sept. 18-24, to finish at 5299.66 points, up 31.18 points, or 0.6%, on the week.Trading volumes …
A Quebec-based asbestos company with a large share of that province’s production has expanded into exploration for gold and base metals overseas.Mazarin Mining (MAZ-T) has obtained the option to acqui…
A first-phase program, budgeted at $500,000, will test the gold potential of the Dogpaw Lake property in the Kenora district of northwestern Ontario.Houston Lake Mining (HLM-A) holds an option to acqu…
With a little help from its parent company, KWG Resources (KWG-T) has initiated a takeover bid for Far East Gold (FEGI-C).St. Genevieve Resources (SGV-T), the controlling shareholder of both KWG and F…
Milagro Minerals (MLG-V) and Geomaque Explorations (GEO-T) have agreed to merge their operations.Milagro shareholders will receive one Geomaque share for every four shares of Milagro held. On completi…
Hecla Mining (HL-N) and Santa Fe Pacific Gold (GLD-N) will develop the Rosebud gold-silver deposit, 50 miles west of Winnemucca, Nev.Under a 50-50 joint-venture agreement, Hecla will operate the high-…
With financing in place, exploration will finally begin in earnest on a portfolio of Ecuadorean gold properties assembled more than three years ago by Zappa Resources (ZPA-V).Cambior (CBJ-T) has agree…
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