Fairfield chalks up firm earnings
The Siwash gold mine in southern British Columbia continues to pump out profits for Fairfield Minerals (TSE). In 1994, the open pit yielded 27,000 oz., which was augmented by a further 3,000 oz. from …
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Gulf boosts gold reserves
Reserves at the Aprelevka mine in Tajikistan have been revised, paving the way for a proposed expansion. A study by Gulf International Minerals (VSE) indicates the open-pit deposit contains about 2 mi…
Redaurum expands River Ranch
As junior mining companies struggle to keep the great Canadian diamond hunt alive in the Northwest Territories, African diamond producer Redaurum (TSE) is preparing to triple production at its River R…
DIAMOND NEWS ROUNDUP — Diamond discovery throws spotlight on
Partners KWG Resources (TSE) and Spider Resources (ASE) have released results from a vertical hole drilled to test the Kyle Lake intrusive, discovered just over a year ago in the James Bay Lowlands of…
STOCK PAGES — Precious metals react to currency market
The mood was bullish for precious metals during the report period ended April 4, as the U.S. dollar struggled to hold its own against the Japanese yen and German mark. Gold, which had been stuck in th…
Plata drills targets in Argentina
In the Argentine province of San Juan, Plata Mining (ASE) has launched a 1,400-metre program of reverse-circulation drilling. The junior’s Hualilian gold property is in an area which has a history of …
Azco beefs ups Piedras resource
A drill program has boosted the estimated resource of the Piedras Verdes project in northwestern Mexico. The figure now stands at almost 1.3 billion lb. of contained copper. Based on a 0.2% copper cut…
Japanese giant takes shine to Huckleberry
Development of the Huckleberry open-pit copper project in northern British Columbia is getting a helping hand from Mitsubishi Materials. Operator Princeton Mining (TSE) reached an agreement with the J…
Northern Crown starts exploration at Mesa Galindo
Trenching and sampling are in full swing at the Mesa Galindo project in Mexico’s Sonora state. Northern Crown Mines (VSE) is examining the bulk-tonnage potential of several zones of gold-silver minera…
El Callao drilling returns more gold at Lo Increible
Drilling on Lo Increible in Venezuela continues to return gold values for El Callao Mining (VSE), which is earning up to a 70% interest in the property. Infill work within the Victoria zone is aimed a…
STOCK MARKETS — Markets reel as AK results prove better than
Rekindled interest in diamond exploration in the Northwest Territories is heavily influencing trading on the Vancouver Stock Exchange. The VSE reeled during the month of March as the volume of shares …
Results cloud Sunshine’s year
A lacklustre fourth quarter took the shine off 1994 for Sunshine Mining (NYSE). The Boise-based company reported a loss of US$4.9 million for the year, compared with a loss, in the previous year, of U…