A program of soil geochemistry has doubled the strike length of the Tassawini gold deposit in Guyana and identified a larger anomalous zone to the west, reports Menora Resources (MEN-M).In the 1980s, …
Base metal producer Noranda (NOR-T) and St. Genevieve Resources (SGV-T) have signed a letter-of-intent agreement on the Lac l’Aigle property near Sept-Iles, Que.The 123-claim property is north-northea…
Canadian production of gold, nickel, refined copper and lead in August 1996 rose above levels recorded in the same period last year, whereas output of silver, primary copper and iron were down.Product…
Partners Teck (TEK-T) and Western Copper Holdings (WTC-T) have discovered a deep volcanogenic massive sulphide zone at the Mexican project known as El Salvador, in Zacatecas state.A single hole, drill…
Toronto-based Redaurum (RRK-T) will cease funding the unprofitable River Ranch diamond mine in Zimbabwe.Redaurum subsidiary Cornerstone Investments owns half the project in a joint venture with Auridi…
Gold Funds as of October 17, 1996BGRCentralNet Value$23.08$6.30Price$18.70…
Additional mineralization found by Princeton Mining (PMC-T) at the Similco copper mine in British Columbia will be included in a new mine plan.The best results from an ongoing first phase of drilling …
A dispute over water disposal on Nevada’s Carlin trend has been settled by Newmont Gold (NGC-N) and Barrick Gold (ABX-T).The legal action stemmed from an injunction issued in April barring Barrick fro…
Albuquerque-based Santa Fe Pacific Gold (GLD-N) posted a profit in the third quarter and expects to do so again in the fourth.The third-quarter profit amounts to US$3.5 million (or 3 cents per share) …
Based on the results of a scoping study, Orvana Minerals (ORV-T) projects that its wholly owned Don Mario gold-copper project in eastern Bolivia could be in production as early as 1998, with an initia…
A syndicate led by First Marathon Securities and Canaccord Capital has agreed to raise just over $32.5 million for Aber Resources (ABZ-T) through a private placement.The financing will include 1 milli…
Shareholders of Winspear Resources (WSP-V) and Antler Resources (AEE-V) will meet in separate meetings on Dec. 2 to decide on the proposed merger of their companies.The new company would retain the na…
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