Spending on exploration and mine development surpassed $108 million last year in the Yukon Territory, continuing an upward trend which began in 1992.Exploration spending totalled $54.8 million (a 37% …
Alberta-listed Coleville Resources (CLL-A) plans to raise $2 million in a private placement to finance exploration and development of its Indonesian properties.The financing comes less than two months…
The Lundin group’s Tenke Mining (TNK-T) has a monstrous copper-cobalt resource which it hopes to exploit by means of low-cost metallurgical techniques. The drawback is that it exists in Zaire, a count…
Since taking the helm of Minefinders (MFL-V), following a corporate reorganization in August 1995, President Mark Bailey has remained focused on the exploration and development of the Dolores and Bols…
Early in April 1974, while awaiting the paperwork for a trip to Africa to be processed, I had accepted a 3-month contract as a mine surveyor with Terra Mining & Exploration at the Terra mine. Departur…
Rouyn-Noranda, Que.-based Maude Lake Exploration (MAU-M) is exploring its gold properties in the Abitibi greenstone belt.At the 4,050-ha Matheson property in the Destor-Porcupine fault, just northeast…
Vancouver-based Viking Gold (VGCN-C) has started drilling its Svartliden gold project in northern Sweden.The company can earn a 60% interest in the project by spending US$600,000 on exploration, and a…
Now that it fully owns the Soukoura polymetallic property in Burkina Faso, Kinbauri Gold (KNBR-C) is planning an aggressive program of exploration.The company recently acquired a 50% back-in interest …
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Having paid registration fees and deposits totalling US$1.6 million to the Indonesian government, First Dynasty Mines (FDM-T) is now awaiting exploration rights to about 208,000 ha on the islands of K…
An option agreement will add 2,000 acres of mineral claims to a land package held by Major General Resources (MGJ-V) in the Green Bay area of northwestern Newfoundland.The company says the newly acqui…
Government officials estimate that $100 million was spent on mineral exploration in British Columbia last year, a 20% increase from 1995.The largest exploration program in 1996 was carried out by Roya…
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