News

By 1999, the Chilean subsidiary of Homestake Mining (HM-N) expects to be producing 45,000 oz. gold per year from the Jeronimo deposit on the Agua de la Falda property.Situated near Homestake’s produci…

Determined to outline a gold mine in French Guiana, joint-venture company Societe des Mines de St-Elie has begun a new diamond drill program on the St-Elie project.St-Elie, the company, is operated jo…

A conference on geophysical and geochemical exploration technology will be held from Sept. 14 to 18 at the Metro Toronto Convention Centre.Entitled “Exploration ’97: The Fourth Decennial Conference on…

R. Thast appointed interim president; David DeWitt and Gregg Sedun appointed directors.

At the Kipushi zinc-copper mine, a few minutes’ drive from Lubumbashi and a short walk from the Zambian border, it is hard not to be reminded of the faded glory of Zaire’s copper belt. For here, a mam…

Toronto-based Arauco Resources (ARU-V) is abandoning its grassroots properties in Chile for an advanced gold project in Canada’s Far North.Arauco, which raised $23.6 million recently, has agreed to bu…

Herbert Kototow appointed president and director; Ken Wolfson, Allan Will and Barry Nash appointed directors.

Toronto-based William Resources (WIM-T) will soon begin a US$4-million program aimed at testing several gold properties in Sweden and Finland.In December 1996, following its takeover of Swedish-based …

Sampling by Lyon Lake Mines (LLL-M) at the Canamazo concession on Costa Rica’s Beta Vargas gold property has revealed five areas of gold mineralization.Recent results have enabled Lyon Lake to identif…

Consortiums have started to coalesce among the qualified bidders for the assets of Zambia Consolidated Copper Mines (ZCCM), the mining company in which the Zambian government holds a 60.3% interest.Th…

Robert Shirriff and William Dengler appointed directors.

Stewart Jackson apponted director.