NEWS ROUNDUP — Manson buys Venezuelan ground
Calgary, Alta.-based Manson Creek Resources (TSE) will buy the Oroturba gold concession in Bolivar state, Venezuela. The 500-hectare property includes both alluvial and lode rights and has never been …
Calgary, Alta.-based Manson Creek Resources (TSE) will buy the Oroturba gold concession in Bolivar state, Venezuela. The 500-hectare property includes both alluvial and lode rights and has never been …
The search for gold and silver deposits in established North American mining camps has taken Minefinders (VSE) to Nevada, Arizona and North Carolina in the U.S. and Chihuahua state in Mexico. The juni…
International Gold Resources (CDN) has reported results from the final 11 reverse-circulation drill holes at the Bibiani gold deposit in Ghana. The best results are as follows: * Hole 40 intersected 1…
Shareholders of Breakwater Resources (TSE) have approved part of a restructuring plan put forth by management. The approved section calls for repayment of up to $10 million in outstanding debt owed to…
Noranda (TSE) has filed a preliminary, short-form, shelf prospectus with the Ontario Securities Comission. The prospectus will allow the major to file up to US$500 million worth of debt securities for…
Environmental concerns about two mining projects in the U.S. were raised at the annual meeting of Noranda (TSE) in Toronto. In Montana, Noranda affiliate Hemlo Gold Mines, through 60%-owned Crown Butt…
World uranium production declined by almost 8% during 1993, to 85.3 million lb. equivalent U308. While production in most countries remained relatively stable, major decreases were recorded by the Cze…
A feasibility study of the Pend Oreille base metal mine in Washington state concludes that RFC Resource Finance (TSE) can profitably develop the Yellowhead zone at a zinc price of US55 per lb. Diluted…
Montreal-listed Mazarin Mining has subscribed to half of a $1.5-million private financing to be completed by Dufresnoy Industrial Minerals (ME). Marazin will obtain 1.4 million units at 55 cents each …
Exploration is under way at the Meliadine gold project, 9 miles north of Rankin Inlet, N.W.T. Partners Cumberland Resources (VSE) and Comstate Resources (TSE) are planning a 3-phase program of ground …
We don’t pretend to be economists, but we do feel confident in possessing a rudimentary grasp of the major tenets of modern-day economics. We know, for example, that the modern government penchant for…
Denver-based Golden Star Resources (TSE) and its Venezuelan partner, BPC, have entered an agreement to earn a 60% interest in the Increible 6 and Valle Hondo group of properties. The vendor is the Inv…
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