Mining analysts love turnaround stories, as do many investors who hope to catch companies on the rebound from the rocky transition from exploration to production. One recent example is Santa Cruz Gold…
Bolivar Goldfields (BVG-T) has filed a notice of action in an Ontario court against Monarch Resources (MRE-T) in an attempt to hold the latter to its agreement to sell its Venezuelan assets.Among thos…
Teck (TEK-T) and Australian-based MM Gold, a subsidiary of Meekathara Minerals, will join forces with South Pacific Resources (SHF-A) to explore two gold projects in Kalimantan, Indonesia.South Pacifi…
Edmund Szol appointed executive VP and chief operating officer.
Design work on the 100-tonne-per-day kimberlite treatment plant on the Klipspringer project in South Africa’s Northern Transvaal Procince is well-advanced and on track for completion in early December…
The U.S. Bureau of Land Management has decided in favor of allowing Golden Queen Mining (GQM-T) to begin construction of the Soledad Mountain mine, 130 km north of Los Angeles, Calif.Construction will…
A 4-week-old strike at three Tennessee zinc mines owned by Asarco (AR-N) has cut production to 30% of capacity.The employees, represented by the International Chemical Workers Union, went on strike Oc…
Efforts to expand reserves at the Glimmer mine near Matheson, Ont., have borne fruit.In an underground drill hole, Exall Resources (EXL-T) hit an interval assaying 159.09 grams gold per tonne over 8 m…
In March 1993, David Walsh picked up the phone, tracked down John Felderhof and said he wanted to come to Indonesia to look at mineral properties for his latest junior company, Bre-X Minerals.Walsh la…
Gold Funds as of October 30, 1997BGRCentralNet Value$16.89$5.73Price$13.00…
Unstoppable flooding has drowned the future of the Potacan potash mine near Sussex, N.B.Water that is believed to have originated in a vast underground reservoir began to seep into the mine in June. C…
Westmin Resources (WMI-T) is acquiring the right to earn a 51% interest in the Vizcachitas copper porphyry project in central Chile.The vendor, Denver-based General Minerals (gnm-t), will receive US$1…
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