An exploration program is about to begin at the 32,750-ha Christina concession in central Kalimantan, Indonesia.The contract of work application is a 90%-owned joint-venture between Brett Resources (B…
Exploration spending by Barrick Gold (ABX-T) increased to US$31.1 million in the first six months of this year, compared with expenditures of US$18.2 million in the first half of 1995.In a bid to incr…
The BLM Service Group owned by William Resources (WIM-T) has acquired a Utah-based mining contractor, Centennial Development, thereby broadening its mining services.Centennial will be the contracting …
“Santa Eulalia-type” massive sulphide mineralization will be the target of exploration work by Consolidated Magna Ventures (CMV-V) at a newly acquired base metal prospect in Mexico’s Chihuahua state.S…
Junior companies Atlanta Gold (AAG-T) and Voisey Bay Resources (VSY-V) plan to form a joint venture with Bermuda-based Indotan to acquire, explore and develop nine properties in Kalimantan, Indonesia….
Increased production at the Faro mine in the Yukon has contributed a profitable third quarter for Anvil Range Mining (ARO-T).The zinc-lead producer generated revenue of $54.9 million and earnings of $…
Working under the assumption that sedimentary-exhalative massive sulphide deposits are typically large, Inmet Mining (IMN-T) is drilling the Akie claims in north-central British Columbia. Its goal: to…
A decline driven into the A-418 pipe at the Diavik diamond project in the Lac de Gras area of the Northwest Territories has encountered kimberlite much sooner than anticipated.The 529-metre-long decli…
Juergen Preuss appointed director.
To complete financing of the Nugget Pond gold mine, Richmont Mines (RIC-T) has arranged a $12-million loan and a $2-million line of credit with the National Bank of Canada.The financing will provide s…
Although drill results from the Copper Prince property of Rainbow Petroleum (RBP-A) are less than satisfactory, the company believes things will improve at depth.Rainbow is drill-testing a major shear…
The Vancouver Stock Exchange rose 63.97 points over the report period ended Aug. 20, to finish at 1,198.03, while the resource index leaped 273.1 points to close at 2,429.96.The latest drill results f…
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