Australia-based Whittle Programming has developed two software packages to determine the most economical shape for an open pit. The two packages. Three-D and Four-D, are also designed to help indicate…
A year-long celebration has begun, marking the 150th anniversary of the discovery of iron ore in the Lake Superior region. Transportation, construction, industry, communications, national defence and …
A 15,000-ft. rotary drill program has begun on World Wide Minerals’ (TSE) Easter gold project, 110 miles northeast of Las Vegas, Nevada. The property, which adjoins a major past producer, contains a p…
The proposed merger of privately owned Hendricks Minerals Canada and inactive Everdeen Resources has been approved. The new company, which will retain the name “Hendricks Minerals Canada,” will trade …
A private placement in La Esperanza Gold Explorations gives Aurizon Mines (VSE) added exposure to Mexico. The placement includes 200,000 shares at 50 cents and represents an initial 28% interest in th…
Selling on western markets let up somewhat over the week ended April 26, with the Vancouver Stock Exchange composite index slipping 13.67 points to 1,080.08. The resource index fared worse, posting a …
The International Monetary Fund (IMF) is the second-largest holder of gold in the world. From 1944 to 1978, gold was the unit of account and the central reserve asset of the international financial sy…
Having consulted with Congress on the proposed California Desert Wilderness Bill, Canyon Resources (NASDAQ) can now proceed with development of its Briggs gold project. It has been determined that the…
Getty Copper (VSE) is expanding its property holdings in Highland Valley near Kamloops, B.C. Under an agreement with Robak Industries, the company will earn a half interest in four concessions: Getty …
Gold production is continuing at the Porgera mine in Papua New Guinea (PNG), despite a strike by members of the Porgera Mining and Allied Workers Union. The dispute, over wage and other employment ben…
Negotiations allowing NovaGold Resources (TSE) to acquire three Venezuelan mineral concessions are entering the final stages. The concessions — Halifax 1, 2 and 3 — comprise 8,894 acres in the Kilom…
An extended agreement has been reached between Golden Kristy Resources (VSE) and a company owned by the Vietnam Defence Ministry. The two have agreed to form a new company to explore regions in Vietna…
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