The first two bullion pours have been completed at the recently commissioned Mother Lode heap leach gold mine near Beatty, Nev. Opened two months ago, the open pit mine is held by a joint venture of U…
Four months after opening, precious metal production has surpassed one ton at NovaGold Resources’ (TSE) Murray Brook gold mine, 50 miles west of Bathurst, N.B. Since the mill startup last September, t…
As the price of gold continues to bounce around, so do the prices of several junior gold explorers. Posting a gain of 7 cents for the week ended Jan. 23 was Carolin Mines. That company is exploring t…
Multiplex Res. — min 675,000 offered @ 35 cents per sh. Rock Creek Res. — gross proceeds rec $350,000. Waterford Res. — 600,000 offered @ 40 cents per sh. Sunport Metals — opt exerc on 150,000 @ …
Junior company Taywin Resources (VSE) recently announced an agreement in principle with Placer Dome (TSE) involving a gold-silver prospect situated adjacent to its Electrum claims in the Zeballos camp…
The Ministry of Northern Development and Mines will release a comprehensive overview of Ontario’s geology to coincide with the 1991 centennial of the Ontario government’s involvement in mining activit…
Geddes Resources (TSE) says it is within weeks of applying for a permit to mine the huge Windy Craggy massive sulphide deposit in northwestern British Columbia. The project could produce as much as ha…
Strongbow Resources Corp. (VSE) has amalgamated with Consolidated Ramrod Gold (CYN: VSE) under the latter name. Strongbow shareholders will receive one new share for 4.867 old shares; Cons. Ramrod sha…
New mine development in and around the Black Hills of South Dakota might soon be halted. But that should not affect Goldstake Explorations’ (TSE) Whitewood Creek tailings project. President Robert Cle…
The initial public offering of Cambior (TSE) raised the gold producer almost $86 million upon the recent exercise of the warrants, increasing the company’s cash account to about $136 million. Val d’Or…
An amended agreement between partners Thunderwood Resources (TSE) and Falconbridge Ltd. has paved the way for renewed exploration at the Pelletier Lake gold project near Rouyn-Noranda, Que. After a ye…
The purchase of a $2.1-million note (Series 2) from United Coin Mines (TSE), the final instalment of tranche 2 of a commitment to acquire up to $9.6 million of United’s 11% notes, was recently complet…
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