News


Golden Bear mine prepares to reopen

The Golden Bear mine in northwestern British Columbia is poised to reopen this summer, following a positive feasibility study for a proposed heap-leach operation.The study, which was conducted on the …


Outokumpu advances Aussie nickel find

An exceptionally high-grade nickel deposit in Western Australia has been advanced to the feasibility study stage by partners Outokumpu and Mining Project Investors.Discovered in the fall of 1995, the …


Curator placement will advance Boleo

A private placement of 400,000 units at $12.50 each will net $4.7 million for International Curator (TSE) after commissions.The units include a share and half a warrant, with each whole warrant good f…


St. Genevieve spreads wings

Already a force in Ethiopian mineral exploration, St. Genevieve Resources (TSE) has been granted a large new concession with placer gold potential.The Serkole concession, situated in Ethiopia’s Benish…





Esperanza to be explored in 1996

A major exploration program on the Esperanza gold property in Costa Rica will be carried out this year.Lyon Lake Mines (ME) reports that the program will cover all four of its concessions, which total…


Drilling starts at Nettogami Lake

A drill program by Leader Mining International (ASE) will test the mineral potential of the Nettogami Lake project in northern Ontario.A total of 18-20 holes are planned for the Nettogami Basin, which…


Echo Bay Mines to acquire half of Santa Elina

In the latest attempt by a major to expand its operations, Echo Bay Mines (TSE) will buy a half interest in Brazilian-oriented Santa Elina Gold (TSE).The New York City-based company is held 66% by Ser…


Granges arranges private placement

A recent agreement with several underwriters is expected to add funds to the treasury of Toronto-listed, intermediate gold producer Granges.The private placement agreement is for 7.7 special warrants …


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