Verde gold project on track in Chile
Development of the Refugio gold property in Chile is proceeding as planned. Bema Gold (TSE), 50% owner of the property, recently released a positive feasibility study calling for a 33,000-ton-per-da…
News
Camp mobilized on SIB claims
Mobilization of an exploration camp is expected to begin in mid-June on the SIB claim group adjacent to the Eskay Creek project north of Stewart, B.C. Joint venture partners Silver Butte Resources (VS…
Total Energold reports loss
A loss of $2.4 million was reported by Total Energold (TSE) on net sales of $13.1 million for the 1991 first quarter, compared with a loss of $1.7 million on sales of $9.2 million for the first three …
Sex discrimination at Key Lake mine
A human rights tribunal has ordered Cameco to change its housing policy at the Key Lake uranium mine in northern Saskatchewan after a male employee was suspended for entering women’s quarters. Power p…
St. Genevieve nets $15 million in Louvem deal
St. Genevieve Resources (TSE) is currently considering its options after recently agreeing in principle to sell 4.35 million common shares of Societe Miniere Louvem (TSE)to Noranda (TSE) for $28.3 mil…
New Craig shaft dropping quickly
Shaft sinking at the Craig mine of Falconbridge in the Sudbury area is progressing at a rapid pace. Dynatec Mining President Bob Dengler said that during a 31-consecutive-day period in April and May…
PEOPLE CHASE RESOURCES
Paul Ray appointed director; Ian Rozier appointed president.
PEOPLE BRIGHTWORK RESOURCES
Larry Lund appointed president; Ron Bell appointed corporate secretary and Barry Wilson appointed director.
PEOPLE YURIKO RESOURCES
Stuart Rogers appointed president succeeding Barbara Brown who resigned; Wendy Warner appointed secretary; George Maines appointed director.
Hunker Creek keeps the Goulds coming back
The annual Gold Show in Dawson City is over and John and Madeleine Gould are itching to return to the creeks. “We’ve (the family) been mining the same property since 1903,” John says, sitting in his h…
Sonora reports quarter loss
While gold recoveries at Sonora Gold’s (TSE) 70% owned Jamestown mine in California are expected to improve this year, the company continues to be dogged by low gold prices. Sonora recently reported …
Kingswood drilling near Kirkland Lake
Having completed the first phase of a $1-million flow-through financing, Kingswood Explorations (ASE) has started to explore its newly acquired gold property 30 miles southwest of Kirkland Lake, Ont. …