The Mount Pleasant property in New Brunswick is getting a new look. Piskahegan Resources, a private company controlled by overseas investors, has acquired the project from Billiton Metals Canada and L…
As the debate over the reauthorization of the U.S. Endangered Species Act (ESA) intensifies, gold-mining companies, which have a big stake in the outcome, face a dilemma. While the industry supports t…
Spokane, Wash.-based Antilles Resources (VSE) can acquire an 80% interest in two gold concessions in southeastern Venezuela. Each of the Janice I and II concessions covers about 12,355 acres and is un…
The Con underground gold mine near Yellowknife, N.W.T., is set to undergo major exploration. Owner Miramar Mining (TSE) expects to complete more than 65,000 ft. of drilling in 1994, with initial work …
Sales of rough diamonds through DeBeers’ Central Selling Organization (CSO) were 28% higher in 1993 than in the previous year, DeBeers reports. Sales for the year were US$4.4 billion compared with US$…
San Andreas Resources (TSE) is preparing an updated reserve estimate for its Prairie Creek mine property, 300 miles west of Yellowknife, N.W.T. The company expects to release the information in Januar…
Hardly a few days old, the new year picked up where the old one left off. Gold fever struck investors as bullion prices broke through the US$395-per-oz. resistance level. And gold seems poised to brea…
Semi-monthly reports as of Dec 15 showed 70,209,457 shares of 792 issues compared with 68,969,728 shares of 792 issues on Nov 30. Larger individual positions included: Aber 128,800; Agnico-Eagle 136,1…
London Metal Exchange Spot closing prices in $US per tonne Date Jan. 4 Jan. 3 Dec. 31 Dec. 30 Dec. 29 Copper 1732-1733 N/A N/A 1807-1808 1799-1800 Lead N/A 468-469 N/A 486-487 472-473 Zinc N/A 996-997…
Exploration is winding down on properties near Placer Dome’s Mt. Milligan copper-gold deposit in central British Columbia. Noranda Exploration carried out a program on the Mitzi property in June and J…
Production at Cameco’s (TSE) Eagle Point mine in Saskatchewan could begin as early as this summer, following approval from a federal environmental assessment panel. “All we’re waiting for now is feder…
Deep-wedged drilling will resume in January on the St. Marcel property in the Eastern Townships area of Quebec. Earlier this year, a vertical hole was drilled to test a one-mile-wide-by-5-mile-long ma…
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