Six-month losses have been reported for Rayrock Yellowknife Resources (TSE) and subsidiary Minera Rayrock (TSE).The former reported a loss of US$907,000 for the first half of 1995, compared with earni…
Drilling is under way on the Coahuila copper project in northeastern Mexico.BHP Minerals is earning a 70% interest in the property from Goldeneye Explorations, a private British Columbia company, by p…
The first major company to acquire an indirect stake in the Voisey Bay discovery in Labrador will also be the primary contractor for a mining-milling feasibility study of the nickel-copper-cobalt proj…
While Montana sapphire producer American Gem’s (TSE) placer mines and heat-treatment plant are both on stream, cutting the mined and treated stones is proving to be a major bottleneck. Company Preside…
The cyanide spill at the Omai gold mine in north-central Guyana has been contained, and owners Cambior (TSE) and Golden Star Resources (TSE) hope the government will allow them to resume operations in…
A decision to proceed with development of the Rambler Tailings project near Baie Verte, Nfld., should infuse considerable cash into the coffers of NovaGold Resources (VSE).The company acquired the pro…
Amarado Resources (ADC:VSE) has changed its name to AfriOre Limited (AFO:VSE) on a 1-new-for-2.5-old-share basis.
Reading the recent Odds `n’ Sods article about the Quirke mine flood of 1956 (T.N.M., Aug. 14/95) brought back a “flood” of memories of yet another water inflow at the Elliot Lake operation, some 33 y…
Etruscan Enterprises (VSE) is intensifying drilling at its Koma Bangou gold property in Niger, West Africa.The company is using two diamond drills, one reverse-circulation drill and a truck-mounted au…
Armada Gold (ASE) has calculated new reserve figures for the Taseevskoye gold deposit in southeastern Siberia, following reviews of a prefeasibility study.Australian geostatistical consulting firm Geo…
Financing is at hand for the Brewery Creek gold project in the Yukon.Project owner Loki Gold (TSE) has formed an underwriting group to raise $25 million in equity financing. Pricing on the issue has n…
Murray Pezim appointed chairman; Naren Majithia and Basil Pantages appointed directors.
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