The mystery company previously reported to be eyeing five Peruvian prospects held by Arequipa Resources (VSE) has turned out to be none other than Phelps Dodge (NYSE), one of the world’s largest coppe…
The property assets of Peruvian Gold (VSE) in southern Peru have grown to cover 60,000 hectares. The Vancouver-based company lists leases covering four mineralized porphyries — Agua Verde, Zapanyoque…
The Chilean subsidiary of Northgate Exploration (TSE) will allow a Chilean company to explore the sulphide zones of the Choquelimpie gold property. Quilacoyan S.A. can earn a 50% interest in the prope…
Three factors lent strength to Wharf Resources’ (TSE) performance in 1994: a higher realized gold price; an increase in the amount of gold sold; and a US$1-million premium earned on advances from the …
As a result of security problems in gaining access to mineral claims, a subsidiary of Golden Star Resources (TSE) has temporarily suspended most of its activities in Sierra Leone, West Africa. Pan Afr…
Extraction of mineralized rock from a stope (51-04-00) along the A vein at the Bourlamaque-Nord gold project led to the discovery of a large pocket of quartz-tourmaline-chalcopyrite, close to the gran…
Vancouver-based junior Energold Mining (VSE) has entered into an agreement that sets the stage for it to acquire El Higo, a concession in the Dominican Republic. The concession hosts the Centenario go…
Finnish mining company Outokumpu reports the uncovering of a new copper deposit in Chile near the town of Vallenar. The Relincho project is estimated to contain 130 million tonnes grading 0.8% copper,…
Tucked away in the quiet backwaters of northern Sonora state, a gold mine is taking shape for Great Lakes Minerals (TSE). Following the completion of a positive feasibility study by Scotia Corp., a Sa…
Vancouver-based junior Sonoma Resource (VSE) can acquire a half interest in two Panamanian projects from a unit of Cyprus Amax Minerals (NYSE). The Quebrada Barro and Quebrada Iguana copper-gold prosp…
Financing worth up to US$4 million has been secured by Ego Resources for startup of its Cobatec cobalt recovery plant near Cobalt, Ont. Ego has reached an agreement with Amalgamet Canada to finance it…
Russell Meares appointed manager of exploration for Australia.
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