Western markets took a breather from the rash of speculation concerning the Voisey Bay area of Labrador and diamonds in the Northwest Territories during the report period ended May 9.The Vancouver Sto…
Drills are turning at the Bai Saripinang gold project on the Philippine island of Mindanao.Vancouver-based Chase Resources (TSE) owns a 40% interest in the Philippine firm Bai Saripinang, which owns t…
Mining is a risky business.Sometimes the risk takes the form of an operational surprise. In other instances, it may be an exciting drill hole that turns up empty. Still other risks include volatile me…
The gold price continued to trade sideways and the silver price tumbled during the report period ended May 9. On more upbeat news, the Dow Jones Industrial Average (DJIA) in New York continued to asto…
On the strength of higher gold production from the Kori Kolla mine in Bolivia, Battle Mountain Gold (NYSE) posted a profit for the first quarter.Net income was US$2.5 million which, after a preferred …
The proceeds of a $2.5-million private placement will be used by Wheaton River Minerals (TSE) to increase the scope of exploration and development this summer at the Golden Bear mine in northwestern B…
Three gold structures and other targets at the Diomines and Diomines Extension properties in northwestern Quebec were tested during the 1995 winter drill campaign.GeoNova Explorations (ME) reports tha…
A proposed merger of two Toronto-listed companies Golden Queen Mining and Glamis Gold will not proceed.Glamis decided against the amalgamation despite a positive due diligence review of Golden Queen’s…
Production at the Zeravshan gold project in Tajikistan is scheduled to begin in early 1996.Nelson Trade & Finance (TSE) has a 49% interest in the project, where construction of a carbon-in-leach plant…
The Rio Veraguas and Guayabal concessions in Panama have piqued the interest of Noranda (TSE).The major signed an agreement to earn a 51% interest in the properties from Western Keltic Mines (VSE) whi…
Copper producer Arimetco International (TSE) has reached an agreement with federal, state and local authorities for the dewatering of the Yerington pit in Nevada.The federal government has agreed to s…
Ten minutes, maybe 15. That’s about the time it took for prospectors Albert Chislett and Chris Verbiski to realize they had made a potentially significant mineral discovery while examining a prominent…
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