CDN-listed Taylor Rand and Zairian-based Salomon Co-operative intend to join forces to develop two groups of mining properties in the central African country. In total, the properties comprise 450 sq….
The summer holiday period is traditionally a time to reflect on the events of the first half of the year and assess metal demand and supply, yet this is not a traditional summer.Most metal markets con…
Drilling is planned for the Sunshine project in Lemhi Cty., Idaho.Formation Capital (TSE), which holds an option to earn a 100% interest in the property, plans to drill 30,000 ft. The 60-hole program …
We had just arrived back at our homes after a busy day at the Quirke mine in Elliot Lake, Ont., when an emergency call informed us that the mine was flooding.It was 1956 and the mine was serviced by a…
A 2,000-ft. program of deep drilling is under way on the Butte Highlands gold skarn project in Montana.Asarco (NYSE) plans to drill six to seven holes to test the depth extension of the Nevin Hill zon…
Ontario’s prospecting community is hoping that the government axe will not fall on programs that fund grassroots work in northern regions of the province.”These grants have the potential to lead to ex…
A strong performance by the LaRonde mine near Val d’Or, Que., enabled Agnico-Eagle (TSE) to boost second-quarter earnings by 75%.For the quarter ended June 30, Agnico earned $6.3 million (or 17 cents …
Exploratory drilling by Bolivar Goldfields (TSE) is testing the Loma prospect and other targets at the Nena gold project in the Chicanan district of Venezuela.The 2,000-hectare exploitation concession…
The Zeravshan mining project in Tajikistan will be ready for commercial gold production by the first quarter of 1996.Operator Nelson Gold (TSE) has a 49% joint-venture interest in Zeravshan, while the…
Extensive drilling on the Bulyanhulu gold project in Tanzania is encountering significant gold mineralization well below previous depths.Sutton Resources (VSE), which acquired the project a year ago, …
Infill drilling on the Ursa zone at the Golden Bear mine property in northwestern British Columbia is confirming previous high-grade gold intersections for Wheaton River Minerals (TSE), although stepo…
As expected, the Louvicourt mine in Val d’Or, Que., is bolstering the earnings of Aur Resources (TSE).For the first half of 1995, the mine produced 38.7 million lb. copper, 16.9 million lb. zinc, 14,6…
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