A property in northwest Honduras, where a large, low-grade gold deposit was discovered in the early 1970s, is being re-evaluated by Melinga Resources (VSE). Subject to regulatory approval, Melinga wil…
Montreal-based Diana Resources (VSE) had both good and bad news to report to its shareholders recently. The good news is that exploration is continuing at the Obatogamau gold property near Chibougamau…
Net earnings of US$33.3 million for the year ended Dec. 31 were off for Amax Gold (NYSE) from the previous year when earnings reached US$43 million. The company noted the drop in earnings was primaril…
Anglo Canadian Mining (TSE) says it has completed the acquisition of a 51% stake in a group of claims located between Falconbridge Gold’s (TSE) Owl Creek and Hoyle Pond gold mines in Matheson, Ont. Kn…
Environmental issues relevant to the mining industry were discussed here by 24 speakers in a special session on metals and minerals at Globe ’90, a conference aimed at promoting the implementation of …
Vancouver-based Centurion Gold (VSE) is looking forward this year to new mining activity on claims surrounding Newmont Gold’s (NYSE) Gold Quarry open pit mine near Carlin, Nev. Centurion owns 51% of a…
The Portage zone on the Springpole gold property being explored by joint venture partners Noranda (TSE) and Akiko-Lori Gold Resources (VSE) hosts geological reserves of at least 7.9 million tons gradi…
With the purpose of furthering helpful discussion on the topic of ore reserves appearing in your last several issues, I wish to add the following fuel to keep the pot boiling. The article “Computer Bu…
Toronto-based Conwest Exploration (TSE) says the terms of a proposed merger with its two subsidiaries Mineral Resources International (TSE) and Barons Oil (TSE) have been unanimously approved by the b…
A mine site reclamation program is under way on Zahavy Mines’ (ASE) Favourable Lake property, 110 miles north of Red Lake in northwestern Ontario. The 6,000-acre property hosts a past-producing gold-s…
When Goldex Mines (TSE) and Ormico Exploration (ME) agreed to launch a $2-million, underground drilling program on their Val d’Or property in January, they hoped to prove the presence of a multi- mill…
NICKEL POTENTIAL IN LANGMUIR TWP. In the central part of Langmuir township and in the southern part of Carman township, there are several bands of iron formation containing massive pyrrhotite. Assays …
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