Vancouver-based Nu-Apex Energy (NPX-V) will soon begin an exploration program on three properties it holds in south-Central and northeastern Nevada.The program, which is expected to start within six w…
A single day of heavy trading, combined with solid performances by the base metal, gold and precious metal sub-indices, was sufficient to push the Toronto Stock Exchange index to 6,442.54 on May 27 –…
Large-diameter drilling is planned by SouthernEra Resources (SUF-T) for the Camafuca-Camazambo pipe, near Calonda, in the Lunda Norte province of Angola.The company recently issued 500,000 of its shar…
Any time you dig a big hole in the ground, you get a surprise or two. All any operator can do is try to be ready for them.Fortunately for the partners in the Sadiola Hill project in western Mali, the …
Early exploration efforts by partners KWG Resources (KWG-T) and Falconbridge (FL-T) on the Managua prospect in the Dominican Republic have proved fruitful.Managua, a 1.6-by-0.6-km induced-polarization…
As gold deposits in northern Nevada become increasingly difficult and expensive to find, major companies are leaving it to the juniors to locate potential mines.One such company is Vancouver-based Pal…
Treminco Resources (TMO-T) will pay $4 million to Newhawk Gold Mines (NHG-T) for its 60% interest in the Bruceside-Sulphurets gold-silver project in northwestern British Columbia.A $2-Million payment …
Junior Tenke Mining (TNK-T) will borrow US$127 million from Investec Bank of South Africa for the first phase of development work at the Tenke Fungurume copper-Cobalt project in the Democratic Republi…
Partners Placer Dome (PDG-N) and Kennecott are producing commercial quantities of gold at the Pipeline deposit in central Nevada.The project is part of the Cortez joint-Venture, which includes three d…
Net income of US$1.1 million (or 7 cents per share) was reported by Royal Gold (RGLD-Q) for the second quarter of its 1997 fiscal year, compared with a loss of US$268,647 in the same period last year….
The Argentine subsidiary of Northern Orion Explorations (NNO-T) has formed a joint venture with Mexican silver giant Penoles on the Tres Hermanas property in Santa Cruz province.To earn a half interes…
With anticipated gold production of 3.7 million oz. in 1997 and 4.1 million oz. in 1998, Newmont Mining (NEM-N) is now North America’s largest producer of the yellow metal. In the world, it is second …
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