New zone found at Andes project
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…
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…
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…
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…
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…
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…
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…
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…
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 …
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…
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…
Spokane-based Pegasus Gold (TSE) has agreed to a 50-50 joint venture arrangement with Goldbelt Resources (VSE) on the Kazgold tailings project in Kazakhstan. Formerly known as the Leninogorsk project,…
Founded in 1991, Vancouver-based Triton Mining (TSE) is an emerging gold producer in Central America, and also holds several joint-venture exploration projects in South America. Last year in Nicaragua…
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