Construction of a vat leach plant near Tureremo, in Venezuela’s Kilometre 88 gold area, should soon be under way and be operational by this spring, NovaGold Resources (TSE) reports. Featuring low capi…
It is oft-forgotten that Cuba’s economy did not enter the current crisis in good trim. Between 1986 and 1990, Cuba’s gross social product (GSP) declined by an average of 0.2% per annum, while populati…
Long known as one of the world’s leading emerald producers, Colombia is now emerging as a location for renewed gold exploration. This is due to two factors: one is that little of the country has been …
Central America continues to attract Canadian mining companies with offers of comparatively relaxed regulation and taxation, along with above-average geological potential. Countries such as Panama, Ni…
Silver in Mexico, since pre-Hispanic times, has been considered a precious metal. The quality and abundance of Mexican silver has brought many a fortune to ambitious souls and has supported Mexico thr…
Cyprus Climax Metals, a wholly owned subsidiary of Cyprus Amax Minerals (NYSE), has acquired 91.5% of a government-owned company which operates a copper mine in Peru. The 20-year-old Cerro Verde mine …
Recent years have seen a major and continuing transition from state control of production facilities to private ownership. This trend has been visible in both industrial and, especially, developing co…
The British Columbia government is offering up to $10,000 for qualified prospectors to explore for deposits on or off existing claims in the province. Prospectors are given half of their approved fund…
Toronto-listed Consolidated Ramrod Gold is poised to acquire all issued and outstanding shares of San Andreas Resources (VSE). According to an agreement in principle, one common Ramrod share plus one …
Having acquired the central portion of the historic Boludo Goldfields district in Sonora state, USMX (NASDAQ) now controls 17,500 acres in one of the principal placer areas of Mexico. Historic gold pr…
Vangold Resources (VN: VSE) has changed its name to Pacific Vangold Mines (PVM: VSE) on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust.
Denver-based Crown Resources (TSE) plans to list its 85.7%-owned subsidiary, Solitario Resources, on the Toronto Stock Exchange. The company filed a preliminary prospectus for an initial public offeri…
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