A feasibility report recommends bringing the Mt. Nansen gold-silver property near Whitehorse, Y.T., into production at 50,000 equivalent oz. gold per year. Operating costs are expected to be US$236 pe…
The Michelle High Grade decline at the Table Mountain property of Cusac Industries (TSE) in northern British Columbia will be reopened. The structure was known previously as the Eileen decline; the co…
Following the recent takeover by American Barrick Resources (TSE), the board of directors of Lac Minerals (TSE) is changing. Peter Munk, chairman and chief operating officer of Barrick, and Robert Smi…
A soil geochemical survey conducted by Eden Roc Minerals (TSE) has uncovered several gold anomalies in a 9-by-12-km area north of the company’s Anuiri mine in Ivory Coast, West Africa. More than 22,00…
Recovery of gold from a surface pillar at the old Siscoe mine property near Val d’Or, Que., is estimated to be more than 2,000 oz., Mines Dynacor (ME) says. Drilling and channeling this summer in the …
Vancouver-based Western Copper Holdings (TSE) has acquired 4.6 million common shares of Thermal Exploration from Queenston Mining (TSE). As a consideration, Western Copper has issued to Queenston 600,…
Four holes have been drilled by Canmine Resources (ASE) to test the Island zone geophysical anomaly on its Fer base metal property near Flin Flon, Man. The best assay returned 0.009 oz. gold and 0.88 …
Controversial Vancouver promoter Robert Friedland is severing his ties with Vengold (TSE). Friedland sold 2.8 million shares to several arm’s-length investors, plus 445,000 shares in a private transac…
The Spanish Constitutional Court has rejected an appeal by Exminesa related to royalties owing to Mount Wright Iron Mines (CDN) from the lead-zinc-silver Rubiales mine in Spain. Exminesa was appealing…
The Energy Information Administration (EIA) in the U.S. expects world coal consumption to increase by 30% between 1990 and 2010, from 5.1 billion to 6.5 billion tons. Five regions stand out as major f…
A major world gold producer for many years, Russia now ranks fifth on an international level, behind South Africa, the U.S., Australia and Canada. Russia produced about 65% of the former Soviet Union’…
A bankable feasibility study has been completed on the Leninogorsk gold tailings project in Kazakhstan.
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