News


Hemlo options Ghanaian ground

Yet another Canadian-based gold producer has begun searching for the yellow metal in West Africa.Hemlo Gold Mines (TSE) is earning a 72% share of Birim Goldfields’ (CDN) 90%-held Dunkwa gold property …




GOLD FUNDS (June 12, 1995)

Gold Funds as of June 6BGRCentralNet Value$17.36$6.67Price$14.38$7.25Discount17.17%Premium8.7%Value$135,689,000$131,219,925…


New rules for rehabilitating mine sites

In early March of this year, the government of Quebec added provisions to the Mining Act and its attendant regulation that oblige the holders of mining rights and mining operations to restore the site…


Green light for Trenton Canyon

The Trenton Canyon gold project of Santa Fe Pacific Gold (TSE) will undergo development.Situated 11 miles south of the company’s Lone Tree gold mine in northwestern Nevada, Trenton Canyon has yet to r…


Geomaque resists merger

The management of Geomaque Explorations (TSE) is asking shareholders to resist attempts by Great Lakes Minerals (TSE) to merge the two companies, telling them their share value would drop as a result….


Eagle River nears production

At the annual meeting of River Gold Mines (TSE), shareholders were told that bringing the Eagle River gold project into production is the company’s top priority.”We have signed a lease agreement for t…


Monarch starts off slowly in 1995

With gold production below target, Monarch Resources (TSE) lost US$2.2 million during the first quarter, compared with a net income of US$55,000 in the same period last year.While production increased…


Problems plague B.C.’s mining industry

Premier Michael Harcourt concluded British Columbia’s annual Mining Week by releasing “commitment statements” from the province’s Advisory Council on Mining.The government-sponsored council is represe…


Goldnev, Starcore to drill property near Voisey Bay

While most juniors with ground in the Voisey Bay region of Labrador are still struggling to arrange field programs, two Vancouver-based companies have already completed the initial assessment on their…


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