Two years of exploration efforts in Turkey appear to be paying off for Cominco Resources International (TSE). A second phase of drilling on the Saray property, 5 km from the Black Sea and near the tow…
Having received a commitment of US$35 million from a syndicate of international banks led by Barclays Bank PLC, Azco Mining (TSE) will soon begin construction at its Sanchez copper project in southeas…
Drilling has outlined four main, open-pit target zones at the Pachicutza gold property in Ecuador. TVX Gold (TSE) has two rigs working its 92%-owned property where (to date) 23 holes, representing 5,6…
Despite higher revenues and production, Rayrock Yellowknife Resources (TSE) posted a loss for the third quarter. The company lost $863,000 on revenues of $20.5 million, compared with earnings of $1.5 …
The Sierra Valenzuela copper property of Minera Rayrock (TSE) in Chile was tested this year by the drilling of shallow holes into the bedrock. The company drilled the oxide material to depths of 120 m…
The first ore from the Iron Colt gold mine project in Rossland, B.C., is on its way to Echo Bay Mine’s Kettle River mill near Republic, Wash. Iron Colt is a 50-50 joint venture between International S…
The “Cyprus Amax Story” will be the topic of an address by David Watkins at the Dec. 8 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum. Watkins, senior vic…
Exploration of the NE Tomi concession in Venezuela’s El Callao district continues to generate gold values for Bolivar Goldfields (VSE). A second phase of drilling is confirming the easterly extension …
Semi-monthly reports as of Oct 31, 1994 showed 241,967,036 shares of 832 issues compared with 257,344,810 shares of 878 issues on Oct 15, 1994. Larger individual positions included: Aber 131,140; Agni…
A newly formed joint venture between Romulus Resources (VSE) and Misty Mountain Gold (TSE) plans to re-examine the economic potential of the Cinola deposit in British Columbia. Previous work on the pr…
Toronto-listed High River Gold Mines will earn a 67% direct interest in the Pastos Largos gold project in the Domeyko region of Chile. Under an agreement with a private Ontario company, High River wil…
A private placement of convertible debentures will allow Teddy Bear Valley Mines (CDN) to raise a minimum of $6 million. The junior reached an agreement-in-principle with brokerage firm Loewen, Ondaat…
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