A former gold producer and three other properties west of Thunder Bay, Ont., are undergoing exploration by Allegheny Mines (ASE). The contiguous properties comprise 23.5 square miles and are 5.5 miles…
Construction is under way at the Mariquita copper project near Cananea in Mexico’s Sonora state. The project is held by a Mexican company which is owned 49% by Cominco Resources International (TSE) an…
Having assessed the latest drilling and delineation results, Rio Algom (TSE) reports an impressive 90% increase in copper-in-ore reserves at its wholly owned Cerro Colorado mine in Chile. Reserves wer…
Two directors of Kinross Gold (VSE) completed share transactions in January and February. According to the Ontario Securities Commission’s OSC Bulletin, director John Brough was granted 100,000 option…
The Red Mountain gold project near Stewart, B.C., is not yet a potential mine, according to Robert Smith, president of Barrick Gold (TSE). The company acquired the project through its 1994 takeover of…
A wholly owned subsidiary of Cambior (TSE), Carlota Copper, reports that the U.S. Forestry Service has released the draft environmental impact statement (EIS) for its Carlota copper mine, along with a…
Exploration work is under way on the Uspallata copper-gold project in west-central Argentina. Abo Resources (VSE) has a 40% interest in the property, while Bema Gold (TSE) has a 10% interest and Argen…
A wholly owned Colombian subsidiary of Northfield Minerals (TSE), Barro Blanco, has acquired options on El Diamante and Concordia, two mining concessions in the Andean Mountains of southern Colombia. …
Having completed a 23-hole drill program on its Palmarito silver-gold project in Sinaloa state, Mexico, Great Lakes Minerals (TSE) estimates a geological resource of 2.6 million tonnes grading 0.3 gra…
Having made its 1995 option payment, Cyprus Canada will continue exploring Noble Peak Resources’ (ASE) Southwin gold project in the Northwest Territories. Later this year, Cyprus will carry out a US$4…
Companies interested in Venezuela’s gold potential are particularly attracted to areas worked by illegal local miners, called garimpieros, as this work provides a good indication of prospective target…
The latest figures released by Canada’s minister of natural resources, Anne McLellan, show a 9.1% increase in the total value of Canada’s mineral production in 1994 compared with 1993. Preliminary est…
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