The chief of the Dawson First Nation, Steven Taylor, says mining companies have to recognize that, with the implementation of First Nation self-government, aboriginal people will want to play a larger…
A US$900,000 exploration program is under way on the Ianna property in northwestern Guyana. Canarc Resource (TSE) can earn up to a 65% interest under a joint-venture agreement with Guyana-based Roraim…
Lower mining grades during the second quarter ended Dec. 31, 1994, adversely affected earnings for Glamis Gold Mines (TSE). The company reported net income of US$95,000 on revenue of almost US$9 milli…
Two companies — Lithos (ME) and Raymor Resources (ASE) — have acquired a lithium property in Lamothe Twp. in northwestern Quebec. Each company has bought a half interest from Georges Dumont, who wil…
Results from recent exploration work have prompted Kennecott Exploration to plan further drilling for a gold-copper project in Honduras. The major, which has the right to earn a 60% interest in the pr…
Management of Westmin Resources (TSE) is expecting a significant improvement in its earnings and cash flow this year. Even though it posted a loss of $24.8 million for 1994, somewhat reduced from the …
Junior explorer Rio Narcea Gold Mines (TSE) has acquired mineral rights to three parcels of land in the western half of Spain’s Asturias region. The properties — known as the Navelgas, Oscos and Sala…
TSE-listed Adex Mining reports that its subsidiary, Tequila Copper, has entered into a “letter of understanding” with International Pursuit (TSE) to form a joint venture to develop Tequila’s Asia Paci…
Vancouver-listed Major General Resources intends to mine the Rumbullion and Hammerdown zones as one deposit within the Rendell-Jackman gold property near Springdale, Nfld. The announcement follows con…
An accelerated exploration program by FirstMiss Gold (NASDAQ) is encountering significant gold mineralization from the Turquoise Ridge deposit at the company’s Getchell mine property, 210 miles northe…
A junior company is gearing up to test a large property west of the past-producing, base metal-silver-bismuth mine at Nigadoo in the Bathurst camp of New Brunswick. Private company Freegrant Silver vi…
An independent consultant has determined the Central zone of the Busang gold project in East Kalimantan, Indonesia, has a drill-inferred geological resource of 10.3 million tonnes averaging 1.92 grams…
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