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…
Underground development at the Eagle River mine near Wawa, Ont., has established sufficient reserves to replace 1996 production completely.Calling the underground drill program mine “very rewarding,” …
Despite efforts — not one, but many — to stimulate investment and consumer confidence by lowering interest rates, Canada’s domestic economy remains sluggish. Unemployment numbers are still high, and…
Record quarterly gold production has sparked an increase in earnings for Newmont Gold (NGC-N).The company earned US$21.6 million for the second quarter (before a gain on an asset sale and writeoff), c…
The gold discoveries are coming thick and fast in the area centred on Thorneloe Twp., 18 km southwest of Timmins, Ont.Band-Ore Resources (BNDR-T) has intersected a new gold zone on its Thorne property…
Southeast Asia continues to attract mining companies from around the world, and its already-proven deposits and potential will be the focus of the second annual Southeast Asian Mining Conference and E…
Short positions outstanding at August 15, 1996Larger individual positions included: Barrick Gold 9,590,168; Agnico-Eagle 185,118; Asia Pacific 101,300; Anvil Range Mining 465,600; Anderson Exploration…
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