Production results so far this year have Placer Dome (TSE) confident it can meet or exceed its production goal for 1993. That goal is 1.8 million oz. gold at a cash cost of US$190 per oz. The company’…
Further assay results from drilling on the Damoti Lake gold prospect are mixed. The property, 150 km north of Yellowknife, N.W.T., is a joint venture among Athabaska Gold (TSE), Consolidated Ramrod Go…
Canada’s best-known mine financier is setting his sights on la belle province, particularly the Abitibi region where his geological team intends to apply some new concepts in the hope of making discov…
Toronto-listed International Platinum (IP) has reached an agreement with New Ventures Development concerning an Arizona property. The agreement, subject to due diligence, will allow IP the right to ea…
Having acquired the Con underground gold mine in Yellowknife, N.W.T., Miramar Mining (VSE) ranks as one of the 15 highest-producing gold miners in Canada. The company acquired the mine from Nerco Mine…
International Musto Explorations (TSE) reports an increase in copper and gold grades at its porphyry deposit in northwestern Argentina. The announcement follows the re-analysis of 4,200 samples from t…
By year-end, Freeport-McMoRan Copper & Gold (NYSE) expects to decide whether or not to continue with mill expansion at its copper-gold mines in the Indonesian province of Irian Jaya (also known as Wes…
In 1979, Lac Mineral CEO Peter Allen was asked what he considered the most prospective ground in Canada. Allen’s reply, quoted in Timothy Green’s latest book The World of Gold, was as follows: “If I h…
To fund construction at the Santa Rosa gold project in Panama, Greenstone Resources (TSE) has entered an agreement with an underwriting group to raise $13.5-18 million. The group, led by Nesbitt Thoms…
— Week — Nov 2 Nov 1 Oct 29 Oct 28 Oct 27 High Low Composite”300*” 4250.31 4248.02 4255.54 4235.24 4197.48 4255.61 4191.24 Metals&Minerals 3066.40 3077.42 3080.71 3070.71 3015.04 3080.71 3001.40 Int…
New Canamin Resources (VSE) has revised its reserve estimate for the Huckleberry property, near Kemano, B.C. The drill-indicated and drill-inferred mineral inventory is now pegged at about 69 million …
Shareholders of American Gem, a private Montana company, are set to become the majority shareholders of Dolphin Explorations (TSE). The reverse takeover would result in American Gem becoming a wholly …
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