News

A new area of base metal mineralization has been uncovered at the San Fernando project in central Cuba, Holmer Gold Mines (ASE) reports. The junior says hole 1, designed to test an anomaly north of th…

The owners of Minorca Resources (ME) are hoping to reach a settlement with creditors which will allow the company to expand its development plans for the Donalda gold mine near Rouyn-Noranda, Que. Min…

Citing an unsatisfactorily small land position, Kennecott has withdrawn from a joint venture with Hanover Gold (NASDAQ) in southwestern Montana. (An increase in reserves was needed to meet Kennecott’s…

The discovery of new reserves below current working levels at the Red Lake gold mine in northwestern Ontario has given the project new life. Owner Goldcorp (TSE) has budgeted $10 million, including $6…

With the merger between Granges (TSE) and Hycroft Resources & Development (TSE) now approved, Yorkton Securities sees upside in the combined company. “Very simply, the merger unites cash on one side w…

Development work is being accelerated now that financing is at hand for the Mount Polley copper-gold project in central British Columbia. Imperial Metals (TSE) reached an agreement with Japan-based Su…

Robert Tintsman appointed president and chief executive officer.

An agreement-in-principle sets the stage for a mining company and a contract miner to develop the Peregrino copper-gold project in Chile, as well as other, less advanced projects in that country and P…

An agreement with the government of Kazakhstan will see Placer Dome (TSE) branch into Central Asia. Placer, through subsidiary Placer Kazakhstan (PK), signed a binding agreement with the Kazakh govern…

Cecil Andrus appointed director.

Alex Bisset elected president.

Three senior officers of Hemlo Gold Mines (TSE) were granted options in February. According to the Ontario Securities Commission’s OSC Bulletin, senior officer Ian Atkinson was granted 17,500 options …