The government of the West African country of Burkina Faso (formerly Upper Volta) has granted Exploration Loubel (ME) mining rights to a 314-sq.-km area. The property is underlain by a north-south-str…
Vancouver-listed Abacus Minerals has entered a joint-venture agreement with Nova Scotia syndicate Mex Explorations. Abacus can earn a half interest in two properties totaling 462 claims in the Pinchgu…
An option agreement allows Charlim Explorations (VSE) to earn a half interest in Wrightbar Mines’ (ME) gold property in northwestern Quebec. Charlim must spend $500,000 during each of the next four ye…
Granduc Mines and Cazador Explorations have merged to form Granduc Mining (TSE) and the new entity is looking to expand its Keystone gold project in Manitoba. Granduc is earning a 50% interest in the …
About $5 billion will be invested in Chile’s copper mining industry over the next three years, according to a survey by the Centre of Copper and Mining Studies (Cesco) in Santiago. Between 10 and 15 n…
The wholly-owned Mexican subsidiary of Walhalla Mining of Australia officially opened, in mid-November, its Amelia heap-leach gold mine in the hills of northern Sonora state. Minera Roca Roja was plan…
Drilling has begun on Golconda Resources’ (ASE) Star City gold deposit in California. Previous work outlined a large reserve of low-grade gold mineralization minable by open-pit and heap-leach methods…
Prime Resources Group’s (TSE) share of gold production from the Snip mine increased 7% over the first nine months of the year, compared with the same period in 1992. Prime has a 40% interest in the un…
Wheaton River Minerals (TSE) has issued a $5.5-million private placement of 1.5 million special warrants at $3.65 each. Each warrant entitles the holder to acquire one unit consisting of one share and…
A hole drilled by Loki Gold (VSE) has returned 0.103 oz. gold per ton over 72.2 ft. and identified a near-surface zone of mineralization on the Brewery Creek project near Dawson, Y.T. The hole, drille…
Until late last year, gold was even less popular as a speculative trading commodity than pork bellies, live hogs or even lumber. “The price was going nowhere,” says author and gold market expert Timot…
Aurizon Mines (TSE) has increased output from its Sleeping Giant gold mine in northwestern Quebec. Initial mill throughput was increased to 742 from 317 tons per day. The source of the increase was or…
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