News

With the Holloway project being readied for production by Hemlo Gold Mines (TSE), junior partner Freewest Resources (TSE) was poised to make the transition from an exploration company to a gold produc…

Timmins-based Moneta Porcupine Mines (TSE) has discovered gold near Wickenburg, Ariz. The discovery was made after sampling was carried out on an outcrop over an 80-metre length. Results from chip sam…

In French Guiana, Franc-Or Resources (ME) has completed a program of airborne geophysics as part of a gold exploration effort. The 1,850-line-km program consisted of magnetic and radiometric surveys o…

The first gold has been poured at Battle Mountain Gold’s (NYSE) Reona mine in Nevada. Production of 16,000 oz. is expected in the fourth quarter, and annual production (beginning in 1995) is projected…

The cabinet of Ontario’s governing New Democratic Party is looking for a new mines minister following the resignation of Shelley Martel. The controversial representative of Sudbury East stepped down s…

News from the Golden Bear mine in northwestern British Columbia has taken a turn for the better with the discovery of a new zone of gold mineralization during ramp tunneling to the Grizzly zone. Owner…

Surface stripping on the Isle Dieu property near Matagami, Que., has extended, by 400 ft., the known strike length of the gold-bearing Edith vein. Explorations Minieres du Nord (ME) says three samples…

Under an agreement with Atlas (NYSE), San Francisco-based Homestake Mining (TSE) can earn a 60% interest in 450 claims on the southern portion of the Gold Bar property near Eureka, Nev. Homestake must…

C. Hoffman appointed director.

Peter Lewis appointed director.

Michael Schuler appointed exploration manager; Ing Corder appointed chief geologist of Bolivian operations.

Robert Miller appointed director.