Already one of North America’s largest gold miners, Santa Fe Pacific Gold (GLD-N) is pursuing projects both on and off the continent.The company has revised its projections for gold production this ye…
Junior companies Atlanta Gold (AAG-T) and Voisey Bay Resources (VSY-V) plan to form a joint venture with Bermuda-based Indotan to acquire, explore and develop nine properties in Kalimantan, Indonesia….
Gold exploration in Alaska has taken off in the past year, with activity spurred on by renewed work at the Donlin Creek gold deposit and development of the Fort Knox deposit.Amax Gold (AU-N) anticipat…
At first glance, the Legadembi gold project in southern Ethiopia would seem to suggest the stuff of legend. Surrounded by jungle and perched at an elevation of 2,000 metres above sea level, the open-p…
Shareholders have approved the merger of Muscocho Explorations (MUS-T), McNellen Resources (MNR-T) and Flanagan McAdam Resources (FMRI-C) into a single entity. The new company, to be called Golden Goo…
Partners TVI Pacific (TVI-T) and Echo Bay Mines (ECO-T) have intersected high-grade gold zones at the Kingking copper-gold deposit in the Philippines.Echo Bay and TVI are earning 75% and 25% interests…
Since entering Honduras almost two years ago, Vancouver-based Mar-West Resources (MSR-V) has amassed one of the largest packages of exploration properties in the country.Mar-West began positioning its…
Zaire has suddenly emerged as a popular destination for Canadian mining capital as an increasing number of juniors sign agreements for exploration and development in the Central African country.Alhoug…
By acquiring an interest in two junior Australian companies, Teck (TEK-T) has expanded its gold exploration efforts.The company has gained a 15% stake in Camelot Resources by purchasing 21.5 million o…
With all key permits and approvals in hand, construction of the Daisy gold mine in Nevada is well under way and startup is projected for early 1997.Inter-Rock Gold (IRO-T) owns 65% of the operation, w…
Wednesday, August 28, 1996Price (US)Week’s ChangeGold*$388.65+ $1.20Silver*$ 5.21…
Warren Holmes is president and general manager of Falconbridge’s Canadian nickel operations and former president of the Ontario Mining Association. He has written this article at the request of Keep M…
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