Echo Bay working Mexican project
Exploration work at the Paredones Amarillos gold project in Baja California Sur, Mexico, is proceeding at full speed. As of the end of 1994, Echo Bay Mines (TSE) had spent US$3.3 million on the proper…
Exploration work at the Paredones Amarillos gold project in Baja California Sur, Mexico, is proceeding at full speed. As of the end of 1994, Echo Bay Mines (TSE) had spent US$3.3 million on the proper…
North American mining companies continued to explore and develop properties throughout Latin America during the past 12 months, their stories overshadowed sometimes by political and economic events su…
Denver-based Echo Bay Mines (TSE) will buy more than 1.5 million shares of Etruscan Enterprises (VSE). The major will pay $4 million for the certificates, priced at $2.60 each, thereby increasing its …
An appellate court in Peru has issued a preliminary ruling in favor of Newmont Gold (NYSE) and Buenaventura (a Peruvian mining company) against France’s Bureau de Recherches Geologiques et Minieres (B…
If Brazil can stay on the road to reform, mining could well prove instrumental in revitalizing the country’s economy, according to Ulrich Rath, vice-president of Rio Algom (TSE). Speaking at the recen…
The Omai gold mine of Cambior (TSE) and Golden Star Resources (TSE) in Guyana continues to serve the two companies and the South American country well. The project, which entered commercial production…
The refinery of Southern Peru Copper is undergoing expansion to 228,000 from 209,000 tonnes per year. Metal Bulletin says the expansion is part of a commitment on Southern Peru’s part, following its p…
A Canadian company and a Japanese trader joined forces to acquire the Cajamarquilla zinc refinery from a state-owned Peruvian company. Cominco (TSE) and Marubeni Corp. paid US$108 million for the refi…
Drilling on Canarc Resource’s (TSE) Polaris-Taku property in northwestern British Columbia has increased the amount of contained gold to 1.15 million oz. from 1.03 million oz. The AB, Y and C veins ho…
Partners HRC Development (VSE) and Eldorado (TSE) have discovered a second mineralized stockwork system on the northern portion of their Andes gold project in Argentina. The newly discovered “Gilligan…
Infill drilling and trenching on American Gem’s (TSE) land holdings in Montana have led to a 24.5% increase in sapphire resources. The work, supervised by Toronto-based Watts Griffis & McOuat, outline…
Junior Starcore Resources (VSE) has dropped its option to earn a 70% interest in the Goodnews Bay platinum property of Alaska Platinum. Starcore conducted geophysical and geochemical surveys over the …
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