Canyon free to put Briggs in production
Having consulted with Congress on the proposed California Desert Wilderness Bill, Canyon Resources (NASDAQ) can now proceed with development of its Briggs gold project. It has been determined that the…
Having consulted with Congress on the proposed California Desert Wilderness Bill, Canyon Resources (NASDAQ) can now proceed with development of its Briggs gold project. It has been determined that the…
Getty Copper (VSE) is expanding its property holdings in Highland Valley near Kamloops, B.C. Under an agreement with Robak Industries, the company will earn a half interest in four concessions: Getty …
Gold production is continuing at the Porgera mine in Papua New Guinea (PNG), despite a strike by members of the Porgera Mining and Allied Workers Union. The dispute, over wage and other employment ben…
Negotiations allowing NovaGold Resources (TSE) to acquire three Venezuelan mineral concessions are entering the final stages. The concessions — Halifax 1, 2 and 3 — comprise 8,894 acres in the Kilom…
An extended agreement has been reached between Golden Kristy Resources (VSE) and a company owned by the Vietnam Defence Ministry. The two have agreed to form a new company to explore regions in Vietna…
CDN-listed Pangea Goldfields has acquired rights to a second property contiguous with Placer Dome’s (TSE) Musselwhite gold property in northwestern Ontario. In addition to the 55 claims north of Musse…
Junior Greater Lenora Resources (TSE) has completed a private placement of 2.9 million special warrants valued at $2.55 each for gross proceeds of more than $6.5 million. Each special warrant allows t…
Exploration work is intensifying on La Salle, a gold property in Venezuela. Having already trenched one anomaly, partners Chesbar Resources (ME) and VenCan Gold (ME) have announced results from trench…
A subsidary of Freeport-McMoRan Copper & Gold (NYSE) will spend US$215 million on environmental modifications and further expansion of its copper smelter in Huelva, Spain. Expansion of the smelter to …
Surface drilling is under way on the San Bartolome mine property in Ecuador. Ag Armeno Mines & Resources (VSE) plans an initial 10,000 ft. of drilling, including 25 holes to test to the west and north…
Diamond drillers have started work on El Sultan, a gold project in Zacatecas state in central Mexico. Francisco Gold (VSE) hopes to identify a Carlin-type, limestone-hosted, disseminated, oxide orebod…
Pilot leach tests are continuing at the Cieneguita gold property in southwest Chihuahua state, Mexico. Glamis Gold (TSE) can earn a 60% interest from Aquiline Resources (VSE) by carrying out a feasibi…
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