In south-central Yemen, Menora Resources (ME) has acquired a gold exploration licence that hosts an advanced gold deposit and 35 other gold occurrences.The 340-sq.-km licence includes the Wadi Medden …
Having optioned its Tanzanian projects to several major mining houses, Pangea Goldfields (TSE) is acquiring interests elsewhere in Africa.The company has acquired 20 prospecting licences in Uganda. Th…
The U.S. subsidiary of Placer Dome (TSE) has signed a property agreement with Cathedral Gold (TSE) and Imperial Metals (TSE), owners of 90% and 10%, respectively, of the Sterling mine in Nevada.The ag…
Exploration work has enabled Solitario Resources (TSE) to increase the size of its Bongara zinc deposit in northern Peru.The open-pit prospect is estimated to contain 1.9 million tonnes of oxide mater…
Drilling on its Escale property in north-central Quebec, Sirios Resources (ME) has discovered both gold and zinc mineralization.Mineralized iron formations with pyrrhotite, arsenopyrite and pyrite wer…
With the San Francisco mine pouring gold in Sonora state, Geomaque Explorations (TSE) has added to its Mexican holdings by optioning a gold-silver property in the Pachuca district of Hidalgo state, 10…
Indonesian authorities have granted approval for partners H-L Corp. (CDN) and Jonpol Explorations (TSE) to begin exploring two claim blocks in East Kalimantan.The blocks comprise 1,047 hectares within…
Wheaton River Minerals (TSE) has raised almost $5 million in a private placement, which it will apply to exploration and development at its Golden Bear and Ketza River projects in British Columbia.Whe…
Exploration agreements on ground in Mexico’s Sinaloa state will expand the property position of Canmex Minerals (VSE) in the area of its Limon project.The company holds an option to buy the Muzquiz Co…
While 1995 earnings at Richmont Mines (TSE) kept pace with 1994, net earnings were down.The company took in $20.19 million in 1995, compared with $20.64 million in 1994. Net earnings for the year were…
Production from the Michelle Highgrade zone at the Table Mountain Mine property in northern British Columbia helped Cusac Gold Mines (TSE) report a fourth-quarter profit of $1 million.Cusac milled 8,4…
Toronto-listed Altai Resources has completed the incorporation of Altai Philippines Mining, which will act as the company’s exploration arm in that country. Altai will have a 40% equity interest.Along…
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