Canada Tungsten profits from sale of assets
Proceeds from the sale of non-core assets put Canada Tungsten (CTG-T) in the black for the first half of 1996.For the six months ended June 30, CanTung netted $700,000 (or 2 cents per share) on revenu…
Proceeds from the sale of non-core assets put Canada Tungsten (CTG-T) in the black for the first half of 1996.For the six months ended June 30, CanTung netted $700,000 (or 2 cents per share) on revenu…
More than 6 million oz. gold have been produced at the Porgera gold mine in Papua New Guinea, a combined open-pit and underground operation which is celebrating its sixth anniversary this month.Placer…
A recent financing initiated by Etruscan Enterprises (EET-V) is expected to provide proceeds of $7 million for exploration programs at the company’s gold properties in Niger.The company plans to use a…
Ongoing drilling at Green Bay, Nfld., has uncovered extensive gold mineralization within the Orion zone, reports Major General Resources (MGJ-V).Major General hopes to find enough gold at Orion to sup…
An exploration program is planned for this season at the Santoy Lake gold property in Saskatchewan.The program will be carried out by Claude Resources (CRJ-T), which recently amended its joint-venture…
Management of Chesbar Resources (CBI-M) is seeking to acquire the remaining 20% interest in La Salle I concession in Venezuela.The company is seeking to add this to its current 80% holding in the conc…
Partners Ressources Robex (RBX-M) and Alpine Exploration (AXC-V) will jointly explore for gold in the Kenieba area of western Mali.The companies are gaining a stake in a permit application from owner …
With four rigs drilling, and a fifth to be added shortly, Black Swan Gold Mines (BSW-T) is stepping up the pace of exploration work at its Cata Preta gold project in Brazil’s Minas Gerais state.The pr…
Strong trenching results have enabled Pangea Goldfields (PGD-T) to confirm gold mineralization over a 2-km strike length on a portion of its Victoria property in Peru.Results have been reported from f…
As part of a “strategic alliance” with Minefinders (MFL-V), Echo Bay Mines (ECO-T) has been granted the right to earn a 60% interest in the junior’s Dolores gold property in Mexico’s Chihuahua state.A…
Ongoing drilling by Triton Mining (TTM-T) is testing the resource potential of the Santa Emilia vein targets identified last year at the Limon mine complex in Nicaragua.Based on more than three months…
Heap-leach miner Glamis Gold (GLG-T) is spreading its wings from its base of operations in the western U.S.The company recently signed a “letter of understanding” with Paramount Ventures & Finance (PV…
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