Solitario options property in Peru
Solitario Resources (TSE) has signed an option agreement with Britannia Gold (VSE) to earn a 60% interest in the Tigre gold property in northern Peru.Solitario must spend US$900,000 on exploration and…
News
Continental and Procoloro team up
Drilling is expected to begin in June on the Santa Cruz and Palmichala gold properties near Remedios, Colombia, following an agreement between Montreal-listed companies Continental Resources and Proco…
Far West lists on Alberta exchange
Junior Far West Mining has completed its initial public offering on the Alberta Stock Exchange.A wholly owned subsidiary of 337 Sail View Venture, the company is engaged in the aquisition, exploration…
Casmyn ups gold resources to 5m oz.
Junior Casmyn (USOTC) is preparing to expand its mining and milling operations in Africa.The company, which owns the Turk mines in Zimbabwe, was able to close a US$9.7-million private placement, arran…
Voisey’s Bay might top 150m tonnes
Nickel giant Inco (TSE) pegs the Voisey’s Bay nickel-copper-cobalt find in northern Labrador at more than 150 million tonnes — 50% more than Falconbridge (TSE) had estimated in its bid for the deposi…
BYG forming new Yukon company
A newly formed subsidiary of BYG Natural Resources (TSE) will take over that company’s exploration properties, so that BYG itself can concentrate on advancing its Mt. Nansen gold-silver property in th…
Cameco earnings nearly double in first quarter
Increased uranium sales helped Cameco (TSE) nearly double its first-quarter earnings to $22 million (or 42 cents per share) this year from $12 million (23 cents per share) in 1995.But Cameco cautioned…
Placer Dome reaches mine safety milestone
Though Placer Dome has been under scrutiny since the tailings leak at its Marcopper mine in the Philippines, the company might breath a little easier now that it has broken a Canadian mine safety reco…
Mazaruni recovers gems from Guyana
Partners Mazaruni Minerals (ASE) and Exall Resources (TSE) have recovered diamonds weighing 33 carats from pilot dredging on Guyana’s Mazaruni River.The latest results — 149 stones from a 1-cubic-met…
Summer drilling planned at Epworth
Summer drilling will test seven targets at the Epworth project, south of Coppermine, N.W.T., operator Rhonda Mining (ASE) has reported.The first target to be tested is a zone of copper and cobalt mine…
Geomaque opens golden gates to San Francisco
Joining a growing list of Canadian junior mining companies finding success in Mexico is Geomaque Explorations (TSE), which recently reached commercial production at its fully owned San Francisco mine …
Companies (April 29, 1996)
INDEXAber ResourcesAdex MiningAdrian Res.Arizona StarAur ResourcesBarrick GoldBattle Mtn GoldBema GoldBlack Hawk MgBlue Sky Res.Breakwater Res.Britannia GoldBYG NaturalCamecoCasmynChampion Res.Contin…