The worldwide use of gold in coinage dropped 50% in 1994, down to 2.5 million oz. from 5 million oz. in 1993, according to Modern Gold Coinage 1994, an annual report released by The Gold Institute.Bas…
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Underground development work is in progress at the Blackdome Mine property near Clinton, B.C.The work is being funded by Aurizon Mines (TSE) under an option agreement that enables the company to acqui…
John Torok appointed director.
Daniel Kunz appointed president, chief executive officer and director.
Rennie Blair appointed director.
This is a story of an accomplished geologist whose experience and knowledge contributed to the discovery of the large, high-grade copper zone that made Geco a great mine.To recount, in the spring of 1…
A recent underground drilling program at the McArthur River uranium deposit operated by Cameco (TSE) has allowed the company to revise its estimated in situ reserves to 416 million lb. U3O8.The projec…
Higher sales of copper and gold have enabled New York-listed Freeport Copper & Gold to post record earnings for its 1995 third quarter.During the period, Freeport sold a record 258.2 million lb. coppe…
Results from recent drilling are expected to lead to an approximate 10-15% reduction in overall reserves at La Camorra gold mine, owned by Monarch Resources (TSE). The mine, situated in Venezuela’s El…
Edward Thompson appointed director.
W. Pincock appointed director; Denis Chambers appointed director of European operations.
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