American Barrick Resources (TSE) pulled another billion-dollar gold mine from its Carlin-area holdings recently, announcing development of its deep but rich Meikle gold deposit in Nevada. Formerly kno…
A preliminary reserve calculation by Rio Algom (TSE) for the South Kemess property, 60% owned by El Condor Resources (VSE) and 40% owned by St. Philips Resources (VSE), has confirmed recent reserve es…
Development work and mining at the Dome Mountain underground gold mine near Smithers, B.C., is continuing as Timmins Nickel (TSE) brings the property up to operating capacity. Timmins is earning a 60%…
A move to save money may mean the end of Missouri’s Division of Geology and Land Survey. The budget chairman of the House of Representatives, Chris Kelly, wants to make the move because to him the div…
A Moscow office will be opened by De Beers Centenary, the diamond company said. In 1990, De Beers signed an agreement with Rossalmazzoloto, the deal including a 5-year sales contract and a US$1-billio…
Underground exploration at the Sleeping Giant gold project 40 miles north of Amos, Que., recently turned up encouraging chip samples for Aurizon Mines (TSE) and program operator Cambior (TSE). On leve…
Price (US) Week’s Change Gold* $354.95 – $0.45 Silver* $ 4.17 + $0.01 Platinum* $358.25 + $11.75 Nickel** $ 3.47 – $0.01 Lead** $ 0.23 $0.00 Copper $ 0.98 – $0.01 Zinc $ 0.52 – $0.01 Courtesy of Scoti…
A joint venture agreement has been reached between Wrightbar Mines (ME) and the Quebec government’s mining exploration company Soquem for exploration of Wrightbar’s Puiseaux Twp. gold property in nort…
The federal government is acutely aware of the importance of environmental concerns and it is striving to exercise a leadership role. Legislation in this regard, Bill C-13, virtually assures that this…
BGR Central Net Value $8.23 $5.22 Price $7.75 $4.650 Discount 5.78% 10.9% Value $48,972,000 $78,232,995…
Fresh from hammering out a new agreement for the Eskay Creek joint venture project in British Columbia, Placer Dome (TSE) says it will not proceed with development of the huge Mount Milligan copper-go…
A 7,500-10,000-ft. drill program is under way on Spirit Lake Explorations’ (ME) Edwards gold property northeast of Wawa, Ont., in preparation for underground bulk sampling. The program, designed to te…
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