A new process plant for the Goldenrae gold mining project in Ghana, West Africa, is in operation, Sikaman Gold Resources (TSE) reports. The company says the contractor, IHC of Holland, is to complete …
Mt. Grant Mines (VSE) reports the successful completion of a private placement of 500,000 units grossing $750,000. Brokerage house Yorkton Securities was paid a 7% commission consisting of 35,000 unit…
A placement of 600,000 units at 23 cents each has been announced by Garden Lake Resources (VSE). Each unit consists of one common share and one-half warrant. Redemption of one warrant plus 30 cents on…
Denver-based Consolidated Nevada Goldfields (TSE) increased its production and lowered its costs during the fiscal year ended June 30. Production from its two gold mines reached 28,132 oz. in 1992, up…
Denver-based Newmont Mining (NYSE) has acquired the mining rights to two properties owned by Atlas Gold (NYSE). They are the Grassy Mountain property in Malheur Cty., Ore., and the Musgrove Creek prop…
It was a ghoulish display of political opportunism, when Ontario Labour Minister Bob Mackenzie used the death of nine miners in Yellowknife to his advantage. Only days after a fatal explosion at the G…
Living up to its stated intention to acquire late-stage exploration properties, Placer Dome (TSE) plans to acquire a 50% interest in the huge Zaldivar copper project from owner Outokumpu Copper Resour…
Initial results from this year’s drill program have partners Western Copper Holdings (VSE) and Thermal Exploration (ASE) predicting an increase in reserves at the Williams Creek copper-oxide project 2…
A recent hole drilled at Queenston Mining’s (TSE) Amalgamated Kirkland property in Kirkland Lake, Ont., has returned a 27.9-ft. intersection grading 0.19 oz. gold per ton. Hole AK92-45 was one of four…
Breckenridge Resources (VSE) has optioned the Eldorado mineral concession in Malaga province, Spain, from Harlequin Resources. The 2-year deal allows Breckenridge to earn 100% interest in the property…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sept. 22 Sept. 21 Sept. 18 Sept. 17 Sept. 16 Copper 1404-1405 1417-1419 1382-1385 13…
Noted geophysicist Philip Hallof, who specialized in induced polarization (IP), died Sept. 21. He was 61. Born in Missouri, Hallof earned his doctorate at the Massachusetts Institute of Technology in …
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