Prospects improve for W. African titanium
Now that the worst seems to be over in war-torn Sierra Leone, the owners of the Sierra Rutile titanium mine are working on a rebuilding plan.Sierra Rutile (SRL), an equal partnership between Nord Reso…
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EXPLORATION 1998 — Ecstall exploring Mexican properties
The property hosting the dormant Amaltea silver-lead-zinc mine is one of a dozen Mexican properties currently being evaluated by Ecstall Mining (EAM-V).The junior optioned the land package from a subs…
EXPLORATION 1998 — Maude Lake to acquire stake in Comtois
A signed agreement with Cameco (CCO-T) allows Maude Lake Exploration (Mau-M) to acquire a 50% interest in the 4,222-ha Comtois property, 20 km from Lebel-sur-Quvillon, Que.The Val d’Or-based junior ca…
EXPLORATION 1998 — MacDonald wraps up takeover
MacDonald Mines Exploration (MMP.A-A) is set to close a deal whereby it will acquire 96% of the outstanding and issued shares of Golden Hill Mining (GHMC-C), its partner in the Golden Hill gold projec…
Murgor cuts gold at Mishibishu
Montreal-based Murgor Resources (MUG-M) has intersected significant gold mineralization in the first phase of drilling at its Mishibishu property, situated about 50 km northwest of Wawa, Ont.The 1,500…
Millstream hits cobalt zone at Potter
Junior Millstream Mines (MLSM-C) has intersected a zone of cobalt mineralization in a larger envelop of copper-zinc mineralization at its Potter property in Munro Twp., 80 km east of Timmins, Ont.Resu…
Norcen sale has Noranda poised for growth — Proceeds available for mining, capital investment
Base metal producer Noranda (NOR-T) saw its earnings improve in the fourth quarter, and in 1997 as a whole.The Toronto-based major made $64 million (or 24cents per share) for the fourth quarter and $2…
EXPLORATION 1998 — Sierra Nevada tests Mexican property
Sierra Nevada Gold (SDD-V) plans to begin drilling on the Republica high-grade silver property in Mexico’s Chihuahua state.The company will target a block of vein material in the Main zone that is tho…
High River exceeds target at Siberian gold mine
The Siberian region of Buryatia is known for its punishing climate and remoteness. Yet for High River Gold Mines (HRG-T), it is increasingly synonymous with reward.The Toronto-based company is a partn…
Tri Origin gains gold property in northwestern Ontario
Junior Tri Origin Exploration (TOE-T) has acquired the Caribou property in northwestern Ontario and plans to begin exploring for gold there in the coming months.Situated in the North Caribou Lake gree…
Prime sets production record
Despite low gold prices, Prime Resources Group (PRU-T) continues to boast an impressive balance sheet.The Vancouver-based company posted record production in 1997 of 532,947 gold-equivalent oz., at a …
ODDS ‘N’ SODS — Go northwest, young man!
As we near the end of the 20th century, we can look back with great pride and appreciation on the events that set the stage for a new Canada to emerge. .TSurely, the great gold rush into the Yukon of …