Despite the recent weakness of the Canadian dollar, most of this country’s mining companies continue to turn over a profit. This is because the products exported are sold in American dollars. Yet in A…
Steps have been taken by Toronto-listed International Gold Resources (IGR) to increase its land position and exploration activities in Burkina Faso, West Africa. IGR has signed an option agreement wit…
Assay results from trenches have confirmed the presence of copper oxide mineralization on Treminco Resources’ (VSE) El Magistral property in Mexico’s Sinaloa state. The results include 0.23% copper ac…
Having completed a drilling program at its property in Ivory Coast, Eden Roc Mineral (TSE) has surpassed its 1994 gold reserve projection of 1.4 million oz. By the end of 1994, Eden Roc had oxide rese…
More drilling, beginning in the spring, is planned for the Lucky Smoke gold zone in Newfoundland. New Island Minerals (ASE) of St. John’s wants to test the strike extension of the zone north to the Ke…
Among the Canadian companies poised to explore for gold in the Malay Archipelago is Pacific Wildcat Resources (VSE). The junior intends to carry out work in southern Sumatra, where a 1,740-sq.-km area…
Junior Rhino Resources (VSE) has finished drilling five holes, totalling 2,000 ft., on the Ned claims near Kamloops, B.C. The program tested what is believed to be an epithermal zone over a distance o…
A mid-February start is planned for a drilling program at the Australian gold project of Nugget Resources (ASE). The junior’s property is in the famous Hill End district of New South Wales. President …
Latin American gold producer Greenstone Resources (TSE) has completed a 2-series convertible debenture offering valued at $8.4 million. Each series has a 5-year term and may be converted into Greensto…
With a feasibility study wrapped up, Cyprus Amax Minerals (NYSE) is seeking almost US$1 billion to develop the Chilean copper project known as El Abra. The company is seeking a loan of $US700 million …
Drilling on Copperstone Resources’ (VSE) Purgatorio concession in Mexico has confirmed the continuity of sediment-hosted copper-cobalt mineralization. The concession, situated north of Santa Rosalia i…
The 1995 Symposium of The Uranium Institute will mark that organization’s 20th anniversary. The event is scheduled for Sept. 6-8 in London, England. Key issues to be addressed include decommissioning …
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