Building new mines has never been an inexpensive proposition but today, with costs skyrocketing, it makes one wonder about the return on investment that can be expected from a billion-dollar project. …
In recent months, Valdez Gold (VSE) has been assembling a large land position within the Altar gold trend, a geologic province in Mexico’s Sonora state which is viewed as having similarities to gold-p…
Drilling has extended the stockwork porphyry copper-gold mineralization over 250 metres at the Hearne Hill project in British Columbia to the northeast, beyond the previously defined limits. The depos…
As economic reforms take hold, Brazil is becoming the focus of a new Latin American gold rush. Quick to recognize the potential for gold and diamonds in the Amazon basin, Brazilian Resources (CDN) has…
Quick to recognize that the 1990s would be a time of major political and economic reform in Argentina, Yamana Resources (TSE) quietly began acquiring mineral properties in four areas throughout the co…
A former gold producer and three other properties west of Thunder Bay, Ont., are undergoing exploration by Allegheny Mines (ASE). The contiguous properties comprise 23.5 square miles and are 5.5 miles…
Construction is under way at the Mariquita copper project near Cananea in Mexico’s Sonora state. The project is held by a Mexican company which is owned 49% by Cominco Resources International (TSE) an…
Having assessed the latest drilling and delineation results, Rio Algom (TSE) reports an impressive 90% increase in copper-in-ore reserves at its wholly owned Cerro Colorado mine in Chile. Reserves wer…
Two directors of Kinross Gold (VSE) completed share transactions in January and February. According to the Ontario Securities Commission’s OSC Bulletin, director John Brough was granted 100,000 option…
The Red Mountain gold project near Stewart, B.C., is not yet a potential mine, according to Robert Smith, president of Barrick Gold (TSE). The company acquired the project through its 1994 takeover of…
A wholly owned subsidiary of Cambior (TSE), Carlota Copper, reports that the U.S. Forestry Service has released the draft environmental impact statement (EIS) for its Carlota copper mine, along with a…
Exploration work is under way on the Uspallata copper-gold project in west-central Argentina. Abo Resources (VSE) has a 40% interest in the property, while Bema Gold (TSE) has a 10% interest and Argen…
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