News

The discovery of a new gold zone has sharpened the focus of Arizona Star’s (VSE) activities in Chile’s Maricunga district. The company plans further work for the Eva zone, discovered as a result of a …

Large gold producer Lac Minerals (TSE) is looking to increase both reserves and output at its Chilean holdings. The company’s Lac South America division holds more than 600 square miles in the Andes (…

Reserves have doubled at the Fenton gold property in the Chibougamau-Chapais area of Quebec. Cache Exploration (ME) says test results indicate a preliminary estimate of 302,976 tons grading 4.24 grams…

During the next four years, Agnico-Eagle Mines (TSE) will spend close to $65 million on development at its LaRonde mine in northwestern Quebec. At the annual meeting, shareholders were told the money …

While Gibraltar Mines (TSE) continues to explore prospects near its copper mine in south-central British Columbia, the company has expanded its search much farther south, in Chile. Earlier this year, …

Denver-based Golden Star Resources (TSE) will retain its 30% interest in the Omai gold mine in Guyana. The company says that, at its request, Omai partner Cambior (TSE) has elected not to exercise its…

Ronald Singh appointed director.

Mel Zajac appointed director.

Hugh Mogensen appointed director.

If the current feasibility study of Escondida is approved, an expansion project will begin which would increase the copper mine’s annual output to more than 700,000 tonnes copper in concentrate. The e…

Nickel giant Inco (TSE) is hoping to raise US$150 million through an offering in the U.S. of convertible debentures. The company has filed a preliminary prospectus with the Ontario Securities Commissi…

Drilling on the Midway project near Rock Creek, B.C., has returned an 11-ft. intersection averaging 1.52 oz. gold per ton. Privately owned Phoenix Resources and Sway Resources (VSE) have earned a 51% …