An encouraging engineering report and economic evaluation of a gold and silver placer mining project on the Neuquen River in Argentina has been released by private company Aldermines Corp. of Toronto….
The first reverse circulation drill hole of a program testing a gold property on the Caribbean island of Aruba was completed recently, Auromar Development (VSE) and Monte Carlo Gold Mines (ASE) report…
A quarterly dividend is being considered by Southern Peru Copper, which owns and operates a pair of mines and a smelter in the southern region of Peru, employing 5,700 persons. Total dividend payments…
Nora Exploration (ME) and partner Placer Dome (TSE) have started a $650,000 exploration program to determine the extent of three gold-bearing zones on the Desjardins property north of Lebel-sur-Quevil…
Frankfield Explorations (ASE) is set to reorganize its share structure and change its name in an effort to raise funds for exploration on gold properties near Timmins, Ont., and Quebec. Subject to sha…
A summer drill program by Kilo Gold (ASE) started in June to test the company’s gold exploration property in the Apex Mountain area of southern British Columbia. The company plans several holes to del…
Despite a significant drop in output at Canada’s top gold producer, the Williams mine near Hemlo, Ont., cumulative production from the nation’s 12 largest gold mines edged up slightly to 2.8 million o…
What a super great idea! Henry Cummings in his letter to the editor suggested: “Let’s bail out gold with a `buy an ounce’ campaign” (T.N.M., June 1/92). “Let gold bail us out,” I think. “Come on and g…
A recent formal agreement allows Placer Dome (TSE) to earn up to a 70% interest in the Cat North claims owned by Lysander Gold (VSE) north of Prince George, B.C. The claims are adjacent to the BP Cana…
A unit of Battle Mountain Gold (NYSE) recently started a 6,000-ft. diamond drill program on the Phoenix project aimed at locating large-tonnage gold-copper skarn deposits. The property is in the Green…
Springer Resources Ltd. (SPR:VSE) has changed its name to Bristol Explorations Ltd. (BTL:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Pacific Corp.
A group of Labrador West residents recently formed Shabogamo Mining & Exploration to explore for mineral deposits in Labrador. Company president is Dave Lough. Mapping and sampling work is planned thi…
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