Having secured a commitment for US$18 million in debt financing from the Chase Manhattan Bank of Canada, Minera Rayrock (TSE) is bringing into production its Ivan copper deposit in northern Chile. The…
In re-evaluating its Bissett mine, 160 miles northeast of Winnipeg, Man., Rea Gold (TSE) projects reserve potential to be more than one million oz. of contained gold. Minable reserves, as previously e…
A joint venture formed by a unit of Cyprus Minerals (NYSE) and five Russian partners has won a bid to develop a gold mine in the Madagan region of far-eastern Russia. The advanced Kubaka mine project …
Finally, after months of speculation and anticipation, a landmark exploration agreement between Joutel Resources (TSE) and the Cuban government has been approved by the Cuban Council of Ministers. The…
Although it may be several months before Dia Met Minerals (TSE) and BHP Minerals Canada release further news from their Lac de Gras property in the Northwest Territories, some analysts say the time is…
A 12,000-ft. diamond drill program has begun on Eden Roc Mineral’s (TSE) Afema mine project in Ivory Coast, West Africa. The 60-hole program is aimed at expanding existing reserves of the Anuiri mine …
As manager and 60%-owner of the Cortez joint venture, Placer Dome (TSE) is seeking state and federal permits to build a 4,600-ton-per-day mine and metallurgical plant at the Pipeline gold deposit in N…
Two Montreal-listed juniors, Chesbar Resources and Spirit Lake Resources, have agreed to acquire a private Venezuelan company which holds 2,100 hectares in the Bochinche gold mining area. Called Los P…
Drilling on the Table Mountain property in northwestern British Columbia returned high-grade gold values for Cusac Industries (VSE). The program included infill drilling on the West Bain vein (Holes 9…
A private placement of 10 million units at 20 cents each has been closed by Golden Trio Minerals (VSE). Each unit is composed of one common share and one purchase warrant which entitles the holder to …
In contrast to British Columbia, where in the post-Windy Craggy era the “No Mining” sign hangs prominently outside the provincial legislature, Manitoba welcomes miners and explorers. Over the past few…
The following is an open letter to Michael Harcourt, premier of British Columbia, in response to his government’s decision to expropriate the Windy Craggy copper project in favor of creating a provinc…
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