The cost of the Bajo de la Alumbrera copper-gold project in Argentina has surged to nearly $200 million as a result of record rainfall and additional expenses.The mine is still slated to open ahead of…
Kjeld Werbes appointed director.
Gold producer Echo Bay Mines (eco-x) is expected to gain an 8% interest in Fairmile Gold (fla-a), which has an option to acquire the Buffalo Valley gold project in northern Nevada.Echo Bay will acquir…
In South Dakota, Naneco Minerals (nne-a) has begun drilling on a property it believes is geologically similar to the nearby Homestake gold mine.Drilling on the Cochrane property started in March, and …
Vancouver-based X-Cal Resources (xcl-v) intends to buy the remaining half of the Sleeper gold mine that it does not already own. The mine is in northern Nevada.The junior acquired a 50% stake in the o…
Anthony de Werth appointed director.
Max Boulle appointed director.
Drilling by Madison Enterprises (mad-v) at its Mt. Kare property in Papua New Guinea has returned high-grade mineralization.A 4.5-metre intersection from hole 5 — part of an 11-hole, 1,663.5-metre di…
Terrence Podolsky appointed director; James Clucas appointed president; and Ronnie Hoare appointed chairman.
Royal Gold (rgld-q) has proved up reserves at the Long Valley gold project in eastern California.In 1996, the company drilled 326 reverse-circulation holes in a program spanning 100,000 ft. Proven and…
James Bryce appointed director and chairman.
All but one of eight diamond drill holes at the Takatu gold project in Guyana have returned potentially economic grades over minable widths.Joint-venture partners Champion Resources (chl-v) and Toscan…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.