Toronto-listed Rayrock Yellowknife Resources plans to increase its ownership in the Dee gold mine to 100% from the current 44% It will buy a 44% interest from Corona Gold, a wholly owned subsidiary of…
In return for quarterly payments of US$50,000, to a total of US$200,000 plus 100,000 common shares, Cadre Resources (VSE) can acquire the Venezuelan property known as El Encanto. Situated in the Marwa…
Ottawa-based Trillion Resources (TSE) has acquired 13 prospecting licences in southwestern Botswana. The area comprises 11,357 sq. km in the Kalahari district and can be explored for gold, base metals…
Junior Golden News Resources (VSE) has raised more than $11 million to buy Mexican-based Minera Sanex and prepare that company’s Luz del Cobre copper project for production. The junior raised the fund…
The next new mine in British Columbia could be the Mt. Polley copper-gold deposit in the central part of the province. A joint venture between Gibraltar Mines (TSE) and Imperial Metals (TSE) involves …
Definition drilling by Kinross Gold (TSE) is continuing on the 1060 zone at the Hoyle Pond mine, near Timmins, Ont. To date, 21 holes totaling 6,000 metres have been drilled on the new zone, which is …
A gold discovery by Adrian Resources (TSE) is enhancing the overall mineral potential of the company’s land package in Panama. The discovery was made on La Petaquilla, a property which already hosts a…
Owing to a full year’s output from the Hope Brook mine in southwestern Newfoundland, Royal Oak Mines (TSE) produced 13% more gold in 1993 than in 1992. The company turned out 276,320 oz. from its thre…
It was another bleak year for Northgate Exploration (TSE). The company reported an unaudited loss for fiscal 1993 of $7.5 million or 26 cents per share, compared with a loss of $8.3 million or 30 cent…
Despite a positive feasibility study on the Almaden gold deposit in western Idaho, Amax Gold (NYSE) has decided not to participate in its development. The company had the option of earning a 65% inter…
The Prospectors and Developers Association of Canada recently recognized Hudson Bay Mining and Smelting for its environmental initiatives. The company mines and process metals — primarily copper, zin…
Alberta-listed Rhand Industries has an option to acquire Lone Mountain Mining, a privately owned US company. As consideration, Rhand has issued 50,000 common shares and will spend $US250,000 on explor…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.