Toronto-listed Campbell Resources (TSE) has opted to acquire the Wildcat gold project, formerly held by Lac Minerals. Situated 80 miles northeast of Reno, Nev., the property was recently subjected to …
Joint-venture partners Virginia Gold Mines (ME) and Explorations Diabior (TSE) have staked 92 claims covering 341 sq. km in the Eastmain volcanic belt of northwestern Quebec. An area containing geoche…
Beginning April 4, prospectors will be allowed to return to 20 townships or portions of townships in the Teme-Augama Anishnabai (TAA) land claim area in the Temagami Lake area of northern Ontario. The…
A criminal trial began Feb. 6 into the explosion at the Westray coal mine in Plymouth, N.S., that left 26 men dead. The blast occurred May 9, 1992, at 5:18 a.m. Investigators later determined that a s…
The World Mining Congress is planning its “Investment potential in Asia” conference and exhibition for May 29-31 in Suntec City, Singapore. For more information, write IIR Singapore, Suite 08-03 Golde…
Near the coast of Suriname, Golden Star Resources (TSE) and Cambior (TSE) have completed trenching and drilling on the Gross Rosebel gold prospect. The program, which cost US$3.7 million, was aimed at…
After rising almost non-stop throughout 1994, most metals are showing some signs of consolidating despite the fact that inventories are starting to decline slowly but steadily. Producers of most metal…
A second phase of drilling is under way at the Tabakoto gold concession in western Mali. Nevsun Resources (VSE) is drill-testing 1,000 metres of a 2,500-metre-long zone of mineralization marked by ext…
A 300-metre drill program is planned for the Turin property in Costa Rica. Owner Osito Ventures (VSE) plans to drill-test previously identified gold mineralization. Three epithermal vein systems have …
Higher metal prices and reduced operating costs contributed to improved year-end results for Asarco (NYSE). Asarco earned US$64 million (or US$1.53 a share), compared with US$15.6 million (or US38 cen…
An unnamed “major international mining company” intends to earn a 60% interest in five of Arequipa Resources’ (VSE) copper porphyry prospects in Peru. (The major asked Arequipa not to disclose its ide…
Alberta-listed OroGrande Resources, formerly known as Trev, intends to acquire an 80% interest in the Princeza gold mine property in Brazil’s Paraiba state. The junior will spend $3.3 million and make…
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