Despite having brought Chile’s Refugio gold mine into production, Bema Gold (BGO-T) found itself in the red at the end of 1996.The company recorded a loss of US$2.7 million (or 5 cents per share), com…
Junior Sulliden Exploration (SUE-M) has kicked off the first phase of an exploration program on Las Huaquillas, a gold-silver property in northern Peru.Two drills are being employed to complete a 5-ho…
A drill program aimed at uncovering kimberlites on the Masumeka property in the Hinton area of Alberta has proved unsuccessful.Kennecott Canada tested eight high-priority magnetic targets in a program…
Although previous exploration of the East zone in the Chabacan target area produced mixed results for Minefinders (MFL-V), recent drilling on the Mexican property has extended the Chabacan Main zone f…
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Aur Resources’ (AUR-T) first mine outside of Canada, the Andacollo open pit in Chile, began producing cathode copper on schedule in November 1996 and is expected to reach full production by June of th…
Montreal-based Exploration Brex (BX-M) has annexed a property adjacent to its Eping-Perenong diamond property on the Mazaruni River in northwestern Guyana.The 104-sq.-km property is being purchased fo…
Redrilling of the Torrie kimberlite pipe at the Yamba Lake property in the Northwest Territories has confirmed the disappointing results recieved from bulk-sampling.Based on the most recent results, M…
Having signed a letter of intent with MinAmerica of Panama, Arlo Resources (ARD-V) plans to acquire four properties on the Cerro Colorado-Chorcha copper-gold trend in western Panama.The Daira, Manati,…
`First pass’ scout program completed on properties in Salta and Jujuy Having completed a shallow drill program earlier this year, Aranlee Resources (ARB-V) intends to carry out additional drilling thi…
Last year’s merger with Hemlo Gold Mines has provided the “new” Battle Mountain Gold (BMG-N) with two core operations that together represent two-Thirds of its current production and about half of its…
Beginning in late 1999, Barrick Gold (ABX-T) hopes to be producing gold at an annual rate of 500,000 oz. from the Pierina project in the northern Peruvian province of Ancash.The major acquired Pierina…
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