News

Mining at the Santa Gertrudis project, owned by Campbell Resources (CCH-N), ended in late 1997, though gold production will continue until all the ore remaining on leach pads is processed. The company…

New York-based South American Gold & Copper (SAG-T), or SAGC, has signed a letter-of-intent with Sociedad Contractual Minera Vilacollo (SCMV) to develop the Choquelimpie gold-silver-copper project in …

Recent insider trading transactions reported by the Ontario Securities Commission include the following:* Aber Resources (ABZ-T) — Kenneth Hanna, director, bought 10,000 shares indirectly at $12.65 t…

Idaho-based Hecla Mining (HL-N) has commenced drilling on two properties, in Mexico and Peru, while beginning exploration on a third, in Chile.Drills are turning at the Noche Buena property in the nor…

With $38 million in the till and an $8-million exploration budget, Francisco Gold (FGX-V) has decided to focus its efforts on the El Sauzal gold deposit in northern Mexico.The deposit forms part of th…

Although the Omai gold mine in Guyana is up and running, the comparable Gross Rosebel project in neighboring Surinam sits idle — a situation that can only be explained by bad timing.”We missed a wind…

In tough times for copper, big operations have to find refuge in low production costs. This is especially true of large porphyry copper projects, where low grades mean that big savings per tonne of or…

An amalgamation with Triton Mining, executed earlier this year, has provided Black Hawk Mining (BHK-T) with a gold mining operation in Nicaragua and various exploration projects in Latin America, incl…

Two Vancouver-based juniors, Golden Peaks Resources (GL-V) and Primo Resources (PRI-V), have teamed with Mitsubishi of Japan to explore for gold and silver in northwestern Argentina.The joint venture …

With year-to-date losses totalling a mere US$74,000, Geomaque Explorations (GEO-T) appears to be withstanding the industry downturn by keeping a close eye on costs at the San Francisco gold mine in no…