Montreal-based Cambior (CBJ-T) has been served with a motion to institute a class-action lawsuit on behalf of a group of persons living downstream from the company’s Omai gold mine in Guyana, followin…
With a positive feasibility study in hand, Nelson Gold (NLG-T) is proceeding with another phase of its expansion program at the Jilau gold mine in Tajikistan.Nelson holds a 44% interest in Zeravshan G…
Canarc Resource (CCM-T) has started a 10-hole diamond drill program to test the depth potential of gold mineralization in laterite at its Sara Kreek property in Suriname.Trenching and auger drilling h…
Toronto-based Trans Hex International (THI-T) is nearing the advanced stage of exploration at its Acordo alluvial diamond project in central Brazil.THI is a 65%-owned subsidiary of Trans Hex Group, So…
Operating a gold mine proved a profitable venture for Cusac Gold Mines (CQC-T) in 1996.Higher production at its Table Mountain mine in north-central British Columbia resulted in earnings of $1.8 milli…
Toronto-based Band-Ore Resources (BAN-T) has released more impressive drill results from its Thorne project near Timmins, Ont.Drills on the Golden River West zone hit 1.5 metres of 32.2 grams gold per…
Recent drilling is enabling junior to arrive at ore reserve calculation Reverse-circulation (RC) holes drilled by KWG Resources (KWG-T) on the Gaspar concession in central Cuba show impressive gold wi…
This is the first instalment in a new feature in The Northern Mine, which will consist of 2-part articles. In the first part, we will examine the geologic formation of a particular type of deposit. In…
Minera Andes (MAI-A) has acuired four contiguous gold prospects totalling 7,200 ha in Argentina’s Mendoza province.The properties, collectively known as the Reyunos project, lie east of the company’s …
Aluminium: LME settlements US$1,602.50 per tonne, alloy $1,508 per tonne (April 1/97).Antimony: Composite free market, US$2,200 per tonne (April 1/97).Bismuth: Composite free market US$3.11 per lb. (A…
Teryl Resources (TRC-V) and the U.S. subsidiary of Placer Dome (PDG-T) have struck a deal whereby the latter can earn a 60% interest in the Westridge property in Alaska.Placer Dome U.S. can earn its i…
Junior Rift Resources (RIF-V) has been granted a second exclusive prospecting licence in Uganda.The new licence covers 3,374 sq. km, bringing the area of Rift’s licensed holdings in the country to 10,…
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