Five officers of Inco (TSE) exercised options and sold shares in September. According to the Ontario Securities Commission’s OSC Bulletin, senior officer Lorne Ames exercised 920 options at US$23.19 a…
Partners Gossan Resources (VSE) and the Cross Lake First Nations Band have arrived at a resource estimate based on drilling in the eastern portion of the Main Central zone at the Pipestone Lake projec…
Another phase of diamond drilling is set to begin on Golden Tag Resources’ (VSE) 44-claim Verneuil Twp. gold prospect in northwestern Quebec. The property, owned 60% by Golden Tag and 40% by Gold Hawk…
Drilling is under way on MacDonald Mines Exploration’s (CDN) Florencia Sector gold property near Camaguey, Cuba. Samples from several holes in the 2,500-metre, 15-hole program are already en route to …
The first four drill holes have yielded positive assay results in a new program at Waddy Lake Resources’ (TSE) Komis gold deposit in northern Saskatchewan. Significant intersections include 0.36 oz. g…
Peruvian copper producer Southern Peru Copper is going public. The company has filed a registration statement with the Securities and Exchange Commission in Washington, D.C., related to the proposed s…
Toronto-listed Granges can acquire a half interest in a 432-claim gold property within the Goldfields mining district of southwestern Nevada. According to a letter of intent signed with a U.S. subsidi…
Glen Barton elected director.
The end of almost 20 years of fighting in Angola should ignite an economic revival in the African country and enable its fledgling mining industry to take flight. The country’s two warring factions me…
A feasibility study has given the redevelopment nod to the past-producing Santa Juana mine in Durango, Mexico. The mine, owned by William Resources (ME), hosts 2.8 million tonnes averaging 3.6 grams g…
Revenue and earnings were higher, but third-quarter production of 12,439 oz. gold and 3.12 million lb. copper was off slightly from the same period in 1993, MSV Resources (ME) reports. A higher copper…
Drilling is nearing the halfway point of a 40,000-ft., US$1.5 million exploration program for Sutton Resources (VSE) on its Marudi concession in southern Guyana. The drill program is to confirm the re…
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