New gold and silver production records were set by Echo Bay Mines (TSE) in 1993 and the Denver-based company is expecting similar output this year. Gold output increased to 873,890 oz. last year, up 1…
Toronto-based TVX Gold (TSE) is optimistic about the coming year now that Inco (TSE), has sold the public its 61.8% stake in the company. The sale prompted TVX Chairman Eike Batista to assemble a new …
Toronto-based Tri Origin Exploration (TSE) has discovered a new zone at its Lewis Ponds polymetallic project in New South Wales, Australia. The mineralized structure exists below a major fault structu…
Reverse circulation drilling has been completed on the Elenita oxide copper project near Antofagasta, Chile. Princeton Mining (TSE) drilled 3,000 metres, including 23 holes, designed to test a series …
Two gold mining operations in Costa Rica helped Ariel Resources (TSE) post its highest 6-month earnings to date. For the period ended Mar. 31, Ariel netted US$593,775, or about US6.4 cents per share. …
Drill results from the Alabama target at the Similco mine near Princeton, B.C., confirm the presence of a higher-grade zone below prior shallow drilling. Princeton Mining (TSE) has drilled 5,300 ft. (…
The extent of the Huckleberry copper project, near Kemano, B.C., is gradually coming into focus. As definition and infill drilling continue on the East zone, New Canamin Resources (VSE) is preparing t…
A 44% increase in gold production from the Castle Mountain mine has enabled Viceroy Resource (TSE) to post earnings of $11.25 million for the year ended March 31. The figure is more than double the $5…
Junior Golden News Resources (VSE) has commissioned an Arizona-based firm to engineer and construct the Luz del Cobre copper project in Mexico’s Sonora state. M3 Engineering & Technology of Tucson wil…
Montreal-based Nora Explorations (ME) has completed a $150,000 private placement. The funds will be used to explore the company’s alluvial gold and diamond Kade concession in Ghana, West Africa, as we…
Beginning this summer, prospectors will have the opportunity to promote their properties on a special “Prospector’s Page” in Canadian Mining Journal (CMJ). The CMJ will publish 120-word descriptions o…
Cynthia Avelino appointed president and director; Walter Clemens, William Daly, Jack Milligan and David Stewart elected directors.
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