Mid-tier gold producer Meridian Gold (MNG-T), which has two mines in the U.S., is looking to expand its operations into Chile.The Reno-based company underwent a restructuring program in August 1996, p…
The drill-indicated resource outlined by Ambrex Mining (AMBX-C) at the Aripuana property in the northwestern portion of Brazil’s Mato Grosso state now stands at 2 million tonnes grading 10.7% zinc, 2%…
Four mines recently acquired in Mexico by Consolidated Nevada Goldfields (KNVCF-Q) are yielding mixed results.The Denver-based company took on the mines following a merger, in October 1996, with Mexic…
Dayton Mining (DAY-T) reports a 21% increase in minable reserves at its Andacollo gold mine near La Serena, Chile.The company added 257,000 oz. gold to proven and probable minable reserves (after dedu…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.31/97 (change from previous week in brackets):Aluminium853,000(-2,525)Copper177,250(-6,225)Lead106,925(-500)Nickel47,862…
A month ago, it was reputed to be sitting on the largest gold find of the century, but the ground is now shaking beneath Bre-X Minerals (BXM-T), operator of the Busang gold project in eastern Kalimant…
Partners Tyranex Gold (TXGI-C) and Mill City Gold Mining (MIY-V) have released diamond drill results from the Tyranite mine property near Gowganda, Ont.Each company owns a half interest in the project…
The Fort Knox mine in Alaska recently celebrated its first gold pour.Amax Gold (AU-N) reports that the 36,000-ton-per-day mill has been approaching capacity since production began, and the company exp…
A preliminary agreement with TVX Gold (TVX-T) will allow Ballad Enterprises (BDC-V) to acquire all property assets held by TVX’s Peruvian subsidiary in the South American country.TVX Peru holds 35 pro…
A resource calculation and preliminary metallurgical testing at the Zona Barita project have enabled Joutel Resources (JTL-T) to advance the Cuban property to the feasibility stage.A resource of 5 mil…
Geomaque Explorations (GEO-T) has received encouraging results from the first three holes drilled at the Vueltas del Rio gold project in Honduras.The Toronto-based company acquired the project last ye…
Situated halfway between Mexico City and Acapulco in Guerrero state, the Campo Morado region is luring several North American companies, including Farallon Resources (FAR-V), Teck (TEK-T) and Newmont …
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