Estimates for the amount of gold contained within California’s Imperial project have doubled.Owner Glamis Gold (TSE) reports that minable reserves have risen to 89.9 million tons grading 0.017 oz. per…
Leonel Lopez elected president and chief executive officer.
Gold Funds as of May 9BGRCentralNet Value$17.53$7.09Price$15.00$6.875Discount14.41%2.8%Value$137,025,000$124,432,688…
Adanac Mining & Exploration (ADN:VSE) and Bell Molybdenum Mines (BLY:VSE) have amalgamated and will be known under the latter name (BEM:VSE). Shareholders of both companies will consolidate on a share…
Few mineral projects have developed as quickly as Voisey Bay, a nickel-copper-cobalt project with open-pit potential favorably situated in moderate terrain 10 km from tidewater and about 35 km from Na…
The economic reforms initiated five years ago in this then-war-torn country have ushered in a climate of relative stability and security. As state-owned mines and other assets became privatized, forei…
South African mining house Gencor will be featured in an address at the May 25 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum.Brian Gilbertson, executive …
An option agreement with Fortune Minerals (CDN) will allow a private company to earn a 20% interest in the NICO group of claims in the Mazenod Lake area of the Northwest Territories.To do so, the priv…
Under an agreement with the transitional government of Ethiopia, Golden Star Resources (TSE) has been granted exploration leases in the East African nation.The 90 licences constitute what is known as …
Drill contracts have been submitted for tender, and surface gridding is expected to begin soon at the Kidd project of Eastmain Resources (CDN) in Timmins, Ont.The junior was recently awarded a $26,000…
A takeover bid of International Musto Explorations (TSE) by Rio Algom (TSE) and North Ltd. of Australia has the support of Musto’s board of directors.RN Galaxy, a company formed by Rio and North, offe…
Management of TVX Gold (TSE) will use its “killer instinct” to produce more than 1 million oz. gold annually by 1998, Chairman Eike Batista told shareholders at the annual meeting in Toronto.”We shoul…
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