Gold explorer El Callao Mining (VSE) is pleased with results to date from drilling on its Lo Increible No. 4 concession in Venezuela. The junior is earning up to a 70% interest in the property, which …
Having last year resolved a dispute with a major creditor, Saskatoon-based Claude Resources (ASE) is confidently building gold reserves, averaging 10-11 grams per tonne, on a ground package centred on…
Drilling by Cyprus Canada, a unit of Cyprus Amax Minerals (NYSE), has expanded the size of the Cache gold zone in the eastern Northwest Territories. Property owner Noble Peak Resources (ASE) discovere…
The polymetallic Grevet project in northwestern Quebec will be prepared for production in late 1985 or early 1996 at a cost of $81 million. Directors of owner Cambior (TSE) recently approved the feasi…
An advanced mining play in British Columbia has caught the eye of Vengold (TSE), the junior that holds the largest area of gold concessions in Venezuela’s Kilometre 88 district. The company plans to a…
Alberta-based Sherritt (TSE) has signed a joint agreement with the Cuban government to mine, process and sell nickel and cobalt on a world-wide basis. Representing the Cuban government in the arrangem…
The recent upswing in the price of copper — the red metal set a new 15-month high by topping US$1 per lb. — has caught the attention of producers and investors alike. Unlike the sudden rallies withi…
The Ivan copper project in northern Chile is scheduled for startup in the second half of 1994, reports Minera Rayrock (TSE). Situated 40 km northeast of the seaport of Antofagasta, the operation is ex…
While Gibraltar Mines (TSE) continues to explore prospects near its copper mine in south-central British Columbia, the company has expanded its search much farther south, in Chile. Earlier this year, …
Denver-based Golden Star Resources (TSE) will retain its 30% interest in the Omai gold mine in Guyana. The company says that, at its request, Omai partner Cambior (TSE) has elected not to exercise its…
Western markets followed their eastern cousins down over the trading period ended June 21, despite strength in gold and other commodities. The negative investment sentiment pushed the Vancouver Stock …
Toronto-based Rio Algom (TSE) has agreed to buy a 25% royalty interest in the production proceeds from the Polaris mine on Little Cornwallis Island, N.W.T. The royalty interest is the main asset of NC…
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