In an effort to sustain record profits, royalty sisters Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) have departed from their traditional “silent partner” role of acquiring and benefiting…
Nevada gold operations have long been a production cornerstone for Rayrock Yellowknife Resources (RAY-T). But with some of those mines running out of ore, the company is planning to step up the pace o…
In 1958, my dad was working at the Quirke uranium mine of Rio Algom in Elliot Lake, Ont., as a raise miner and, later, a shift boss.For a number of years, he made the journey every second week from Ki…
The steady hand of Paul Martin on the helm of the Canadian economy is probably the greatest strength of the Liberal party as it seeks another term in Ottawa and the re-election of Prime Minister Jean …
Botswana Diamondfields (BWD-V) reports it is close to securing a half interest in, and operatorship of, two diamond concessions in Angola.Before the protracted civil war, which began in 1975, substant…
Both western markets slipped over the report period ended May 27, with the Vancouver Stock Exchange losing 17.63 points to close at 1,000.59 and the Alberta Stock Exchange down 33.34 points to finish …
The cost of expanding the Sao Bento gold mine in Brazil led to a loss of US$1.6 million for Eldorado Gold (ELD-T) in fiscal 1996, compared with a loss of US$2.2 million in the previous year.The mine, …
A low gold price took the wind out of Rea Gold’s (REO-T) sails during the first quarter.For the 3-Month period, the junior posted a loss of $5.8 million on revenue of $3.1 million, compared with a los…
A geophysical survey by Sur American Gold (SUR-A) at its Mina Rica property in western Colombia has outlined a large volume of moderate-To-high resistivity over an area measuring 1,000 by 300 metres.T…
The Cortez joint venture will attempt to extend its Pipeline deposit by exploring on the Robertson property of Vancouver-based Coral Gold (CLH-V)According to Louis Wolfin, president of Coral, the Cort…
The U.S. Bureau of Land Management (BLM) has formed a task force to evaluate possible revisions to the “3,809 regulations” governing hard-rock mining on BLM lands.In 1991, a similar task force conclud…
Drilling by Romarco Minerals (R-T) at the Converse gold project in Humboldt Cty. has returned several promising intersections.The project is a joint venture involving Toronto-based Romarco and German-…
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