Once again, Cambior (CBJ-T) and partner Golden Star Resources (GSC-T) have increased the reserve estimate at their Gross Rosebel gold project in Suriname, South America, by almost one-third.The Gross …
Exploration drilling by Romarco Minerals (R-T) on the Belnap claims of its wholly owned Midas project in Nevada has encountered two new high-grade gold-silver veins.The new veins are known as Footwall…
Vancouver-based DiamondWorks (DMW-T) has received more than US$3.1 million from the sale of its first parcel of diamonds from the Luo diamond mine in northeastern Angola.The parcel, sold in Antwerp, B…
ExchgVol(000’sCloseCross Lake MnrV87871.33Placer DomeT…
A survey suggests that salaries for those employed in the upper levels of exploration are consistent throughout many countries that have a substantial mining industry.Salaries for exploration professi…
Assays of a bulk sample taken from the M-1 kimberlite pipe on the Marsfontein farm at the Klipspringer project in South Africa have confirmed earlier grade estimates, reports SouthernEra Resources (SU…
A second sample from the promising K14C kimberlite at the Buffalo Hills project in north-central Alberta has yielded one macrodiamond and 94 microdiamonds from 45.6 kg of drill core.An earlier 43.4-kg…
Although placer gold deposits have yielded less than 10% of Canada’s gold production, their discovery played an important role in attracting settlers to remote areas of the country.For example, the Ca…
Faced with the real possibility of declining royalty payments from future operations along this state’s Carlin trend, Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) have decided to enter th…
A rights offering by Ashton Mining of Canada (ACA-T) raised $15.7 million.Proceeds will be used to fund ongoing exploration in North America, including a work program under way at an extensive field o…
Gold Funds as of October 2, 1997BGRCentralNet Value$18.67$5.94Price$14.45…
From August to September, both the composite indicator and mining indicator of the Vancouver Stock Exchange dropped by 2%. Also, four exploration and development companies were newly listed, including…
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