The reactivation of the McLeese Lake open-pit copper mine in British Columbia enabled Gibraltar Mines (TSE) to report a profit of $416,000 for the fourth quarter of 1994, on revenue of just over $13 m…
Roger Kauffman appointed president and chief operating officer.
Edward Mercaldo appointed executive vice-president and chief financial officer.
BGR Central Net Value $15.83 $6.30 Price $13.25 $6.375 Discount 16.29% Premium 1.2% Value $123,856,000 $115,383,038…
Gold producer Greenstone Resources (TSE) has almost doubled the gold resource contained within the San Andres project in Honduras. The resource rose to 1 million oz. after completion of a 2,500-metre …
A preliminary economic evaluation on the Kabanga nickel-cobalt project in Tanzania estimates the yearly cash flow at US$115 million, not US$155 million as reported in our issue of Feb. 27. BHP Mineral…
Under a joint-venture agreement, Atna Resources (VSE) has the option to earn from YGC Resources (VSE) a 65% interest in eight base metal properties in the Yukon. To do so, Atna must spend $1.5 million…
Two juniors, Caledonia Mining (TSE) and Holmer Gold Mines (ASE), have formed an alliance to explore mineral prospects in Cuba. Caledonia can acquire up to a 50% interest in Holmer’s Cuban properties b…
Without leaving the comfort of Toronto’s Royal York Hotel, delegates of the 63rd annual convention of the Prospectors and Developers Association of Canada in early March were able to sample a tempting…
After 34 years, British conglomerate Lonrho has severed its links with its founder, Roland (Tiny) Rowland. Lonrho says Rowland has ceased to be a director or employee of the company, Agence France Pre…
Partially privatized gold producer Ashanti Goldfields of Ghana dominates economic activity on Accra’s fledgling stock exchange, according to figures released by a senior exchange official in Accra. As…
By constructing a gold leaching plant at the Aurora mine near Hawthorne, Nev., Electra Mining Consolidated (VSE) hopes to boost capacity for processing ore, as well as accelerate gold recovery from th…
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