An option agreement between Denver-based Orovi and International Tournigan (VSE) will accelerate work on the latter’s 80%-owned Morobe gold project in Papua New Guinea.Orovi can earn half of Tournigan…
The annual gold output of Kinross Gold (TSE) is set to rise dramatically with the acquisition of the Macassa mine at Kirkland Lake, Ont., and the purchase of an additional interest in the Denton-Rawhi…
The mining industry faces escalating difficulties in finding new mines in Canada and around the world. Data analysis is a key ingredient in successful exploration programs, particularly with respect t…
Computerization, regulation and foreign projects were among the many topics discussed at the 52nd annual meeting and convention of the Canadian Drilling Association, held here recently.Technical paper…
London Metal ExchangeSpot closing prices in $US per tonneDateMay 2May 1April 28April 27April 26Copper2772-2774 2796-27972836-28372797-27992769-2770Lead602-603 608-609 616-617 613.5-614.5…
A $1.35-million underground exploration program is planned for the West zone of the Joe Mann gold-copper mine near Chibougamau, Que.Campbell Resources discovered the zone last year during a surface dr…
A decline in production resulted in a first-quarter loss for FMC Gold (NYSE).The closure of the Royal Mountain King mill, combined with a slowdown in heap leaching at the Paradise Peak mine in Nevada,…
Discussions involving a proposed merger between Great Lakes Minerals (TSE) and Geomaque Explorations (TSE) were recently terminated by Geomaque’s board.This development puts on hold plans to merge the…
Recent events in Argentina have convinced many Canadian companies that South America’s exploration potential is not restricted to Chile.Argentina is the second-largest country in South America, occupy…
Junior Crown Resources (TSE) has rejected a merger proposal by Battle Mountain Gold (NYSE), claiming it is not in the best interest of its shareholders.The proposal was offered in mid-April, somewhat …
A joint-venture agreement with Cash Resources (VSE) paves the way for NDU Resources (VSE) to earn a half interest in the Ruby Range gold property in southwestern Yukon.To do so, NDU must pay $150,000 …
While it continues to explore its gold concessions in Burkina Faso, West Africa, Channel Resources (TSE) is acquiring interests in two additional properties in the area.By gaining a 95% stake in these…
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