This once-beautiful city in the heart of the Central African copper belt provided an appropriate setting for rebel leader Laurent Kabila to invite foreign mining companies to help rebuild the economy …
Singapore-based First Dynasty Mines (FDM-T) and New York-based Global Gold have inked a deal that will see the former earn up to a half interest in three advance-staged gold projects in Armenia.First …
Drilling is being accelerated at the Agua Rica porphyrycopper-gold-silver-Molybdenum deposit in the northwestern Argentine province of Catamarca.Northern Orion Explorations (NNO-T) reports that three …
Montreal-based Cambior (CBJ-T) is exercising its option to acquire the Peruvian copper deposit known as La Granja.In accordance with the 1994 option agreement with state-owned Minera Peru, Cambior has…
In its first venture outside the Commonwealth of Independent States, Nelson Gold (NLG-T) is looking to acquire a majority interest in the suspended Kalana gold mine in Mali, West Africa.Nelson recentl…
The completion of a hedging program has paved the way for Wheaton River Minerals (WRM-T) to blast the first round in the pit at the Golden Bear gold mine, in northwestern British Columbia.The junior, …
Royal Oak Mines (RYO-T) reported a first-quarter loss of $8.1 million, compared with earnings of $1.4 million for the same period last year.Gold production for the first three months of the year total…
Montreal-based MSV Resources (MSV-T) is entering into an option agreement with Toronto-based Sikaman Gold Resources (SKG-T) for a 50% interest in MSV’s Corner Bay copper project, situated 56 km south …
A drill program by Tri Origin Exploration (TOE-T) has doubled the length of mineralization associated with the Toms zone on the Lewis Ponds property in New South Wales, Australia.The company says hole…
ExchgVol(000s)ClosePure Gld ResT445190.48Placer DomeT…
Gold Funds as of May 8, 1997BGRCentralNet Value$21.10$5.89Price$16.00$5.8…
A lower-Than-expected gold price has forced River Gold Mines (RIV-T) to put off some of its development plans.The price was widely expected to rise to the US$400-per-oz. range in 1997 but has instead …
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