A large amount of capital is moving out of the U.S. to foreign countries, particularly Chile, for exploration and development of copper mines. During the past 10 years, American producers have spent e…
Consolidated Nevada Goldfields (NASDAQ) has a 1-year option to buy the Springs gold property in north-central South Carolina. The vendor is Brewer Gold. The concession is 1 mile west of the Haile mine…
State permits for the Fort Knox gold project in central Alaska are in place and Amax Gold (NYSE) expects federal approval from the Corps of Engineers in the near future. The capital cost of Fort Knox …
Toronto-based Inter-Rock Gold (ME) has been active in southern Nevada, acquiring a new property and completing a 40-hole program on its Secret Pass deposit. The new property, known as Mother Lode, is …
A New York-listed major familiar with skarn deposits will test such a prospect in western Montana. Battle Mountain Gold (NYSE) has signed an agreement with Blue Ribbon Resources (VSE) to earn a 60% in…
Five rigs are set to begin drilling at the Robertson project in Nevada’s Crescent Valley. The program will involve drilling 140 holes, for a total of 50,000 ft. Amax Gold (NYSE) can earn a 60% interes…
Producer Granges (TSE) has failed to find a buyer for the 12.7 million shares in the company owned by MIM Holdings. The shareholding represents 37% of the issued shares in Granges and the agreement wi…
With gold drifting at the US$378-per-oz. level and major markets shaken over interest rate concerns, the Vancouver Stock Exchange traded lower during the period ended March 8. The VSE resource index s…
A company director, along with the company itself and a supervisor, has been convicted of an offence, the first under Ontario’s revised Occupational Health and Safety Act. The accused pleaded guilty r…
— 1994 — Mar 8 Mar 7 Mar 4 Mar 3 Mar 2 High Low Composite”300″ 4431.23 4436.65 4398.56 4370.25 4362.21 4601.09 4286.54 Metals&Minerals 3730.18 3786.79 3728.30 3675.76 3654.52 3855.09 3495.59 Integra…
With the Castle gold mine churning out more gold and healthier profits, Viceroy Resource (TSE) is setting its sights on opportunities farther afield. The company has joined Gwalia Consolidated, an Aus…
A subsidiary of Caledonia Mining (TSE) plans to develop its Sanyati copper oxide project in Zimbabwe. Reunion Mining estimates the cost to be US$8.7 million. The news comes after the completion of a f…
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