Beginning in late 1999, Barrick Gold (ABX-T) hopes to be producing gold at an annual rate of 500,000 oz. from the Pierina project in the northern Peruvian province of Ancash.The major acquired Pierina…
Zinc is Cominco’s (CLT-T) largest single source of revenue, representing 48% of the total. The company has been a leading producer of the metal for more than 80 years, and recently, in light of improv…
Best known for its exploration projects in Newfoundland, Noveder (NED-M) has acquired 7,400 ha near the producing Refugio gold mine in Chile’s Maricunga district.The deal comprises two properties, the…
A large circular hill, or domal feature, on the San Martin concession in central Honduras is being trenched by Mar-West Resources (MSR-V) in preparation of a 3,000-metre drill program, to begin this m…
James Houston appointed chairman; Charles Williams appointed president and chief executive officer; William Buchan appointed chief financial officer; Allan Marter, David Rennie and George Brazier appo…
Initial drilling by operator Westmin Resources (WMI-T) at Yamana Resources’ (YRI-T) Arroyo Rojo massive sulphide prospect in Argentina has defined significant copper-lead-zinc mineralization beneath s…
Silver mines and prospects in Central and South America will continue to be the primary focus of Pan American Silver (PAA-T), a Vancouver-based junior which produces 2.6 million oz. of the metal per y…
In order to focus on its Central European gold projects, Rhodes Mining (RHO-V) has incorporated a new company, Hyperion Resources (soon to be listed on the Vancouver Stock Exchange) to hold its Cuban …
Solid information on the disappearance of Michael de Guzman, project manager of Bre-X Minerals’ (BXM-T) Busang gold deposit, is still not available.Guzman apparently committed suicide on March 18 by j…
Bre-X Minerals disclosed these drill hole results from due-diligence investigations by Freeport-McMoRan at the Busang gold project:HoleInterval(m)Bre-X Go…
Mohamed Verjee and Karim Nanji appointed directors.
Wednesday, April 2, 1997Price (US)Week’s ChangeGold*$350.70+ $3.90Silver*$ 4.98…
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