Proceeds of $1.3 million were raised by Orvana Minerals (TSE) from the sale of two million shares to Goldcorp (TSE) of Toronto. Goldcorp owns 4.3 million shares of Orvana and about 1.13 million common…
A private placement will provide Crown Butte Resources (TSE) with $10.7 million for ongoing work at its New World gold-copper-silver project in Park Cty., Mont. The company is 60%-owned by Hemlo Gold …
Partners Gowest Amalgamated Resources (ASE) and Western Premium Resources (VSE) have signed an agreement whereby each may earn a 35% interest in three gold properties in north-central Nevada. The part…
Following winter drilling on its Douay property near Joutel, Que., Societe d’Exploration Miniere Vior (ME) has updated its reserves for Zone 531. Using a cutoff of 0.09 oz. gold per ton, a firm of ind…
Faced with lower gold prices and shrinking profit margins, most North American gold miners continued to slash costs in 1992. In many cases, lower cash costs were accompanied by increased production. O…
Several interesting ideas have resulted from a discussion paper on new incentives for mineral exploration in Ontario, says the assistant deputy minister for the province’s mines ministry. John Gammon …
Drilling by Cyprus Canada has intersected gold mineralization on Radisson Mining Resources’ (ME) Massicotte Twp. property north of La Sarre, Que. According to Cyprus, two of four holes drilled interse…
Viceroy Resources (TSE) and affiliated company Channel Resources (VSE) have started reverse circulation drilling at their Bruner gold project, in south-central Nevada. The companies combined can earn …
Steven Banning appointed vice-president, operations.
Equinox Resources (TSE) and Cominco Resources International (TSE) are amending their Buckhorn joint venture to allow Equinox to test the property’s potential for deep-seated gold mineralization. Equin…
The former president and chief executive officer of gold-producer McIntyre Porcupine Mines, J.K. Godin, died recently. He was 82. A native of Eganville, Ont., he spent his working life with McIntyre, …
The British Columbia Institute of Technology (BCIT) is seeking help from industry in improving enrolment and placement in its mining program. Despite low enrolment, a recent survey indicates the minin…
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