Having set a gold production record at its Nevada and California operations in 1996, Santa Fe Pacific Gold (GLD-N) says it is on track to join the 1-million-oz. club this year, climbing to a projected…
EXP Resources, a privately held company in Alberta, can acquire a 60% interest in a 1,900-sq.-km gold-copper concession in southwestern Niger.EXP secured the option by paying US$50,000, issuing 1.2 mi…
The sale of its 10.8% stake in Diamond Fields Resources saw the 1996 net earnings of Teck (TEK-T) jump by almost 184% over the previous year.The Vancouver-based major reported net earnings of $255 mil…
Montana-based Stillwater Mining (PGMS-N) reported a modest loss in 1996 but saw increases in production, head grade and reserves.The only producer of platinum and palladium in the U.S. lost US$2.8 mil…
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Vancouver-based North American Tungsten (NTC-V) can acquire the tungsten assets formerly held by Canada Tungsten, which was recently merged with Aur Resources (AUR-T).These assets include:* the former…
Junior Stratabound Minerals (SB-A) will buy a polymetallic property in northeastern Mexico.Situated near the city of Monclova in Coahuila state, the property is accessible by paved highway and gravel …
Toronto-based junior International Pursuit (IPJ-T) continues to hunt for gold on several properties in Indonesia.* Among the most advanced of these is the L-N prospect, which forms part of the 191,000…
Having reduced exploration spending in Mexico and the U.S., Blue Ribbon Resources (BLO-V) is concentrating its efforts on the six properties it holds in Suriname.The company has collected 5,130 sample…
Channel sampling by Espalau Mining (EPU-M) at the Paraiso joint venture in Ecuador’s El Oro province has uncovered high gold values.The Val d’Or, Que.-based company can earn a half interest in the pro…
Exploration programs in 1996 enabled Monarch Resources (MRE-T) to boost reserves at its Venezuelan gold mine known as La Camorra.At the same time, the company achieved record gold production of 56,549…
A drill program is under way at the Detour Lake West property and at the Denton Twp. property west of Timmins, Ont., reports junior Gowest Amalgamated Resources (GWA-A).Placer Dome (PD-T) is carrying …
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