Exploration work has started on the Swan property under a joint venture between Newmont Exploration and Mountain West Resources (VSE). Newmont can earn a 50% interest in the property by spending a to…
If American Barrick Resources (TSE) and Newmont Mining (NYSE) proceed with plans to merge their North American assets into a single company, the amalgamation will automatically create a new class of g…
Pacific Metals (ASE), formerly Jerome Gold Mines, has entered into a letter of intent to purchase a 50% interest in the Wattle Gully gold mining project in Australia. Situated in the Chewton goldfiel…
The Quebec Mining Association (QMA) introduced its new “environmental evaluation” at its annual meeting staged here recently and also proposed a “savings plan” that would allow mine owners to plan fin…
Recent discussions between management of Royal Oak Resources (TSE) and a group of dissident shareholders of the Pamour group has resulted in an agreement for a proposed amalgamation between the compan…
A $400,000 program is being planned by Swannell Minerals (VSE) for eight British Columbia properties considered prospective for porphyry copper-gold mineralization. The properties total 50,635 acres a…
A legal dispute between Omega Gold (VSE) and Ecstall Mining (VSE) is threatening to stall work programs planned for a number of mineral properties in northwestern British Columbia. Omega initiated the…
The first hole drilled this year at the Fort Knox gold property near Fairbanks, Alaska, averaged 0.089 oz. gold per ton over its entire length from zero to 820 ft. Fort Knox is an advanced, bulk tonn…
Nickel processor Sherritt Gordon (TSE) recently reported that it expects its refinery at Fort Saskatchewan, Alta., will operate at better than 90% of capacity for the remainder of 1991. In its first-q…
A drill program by Placer Dome (TSE) has started on the Jualin gold project near Juneau, Alaska. The major may earn a 50% interest in the project from current 60/40 owners International Curator Reso…
Murray Pezim, chairman of Consolidated Rhodes Resources (VSE), announced in early June that the company had terminated its option to earn a 50% interest in the Gold Basin gold property in Arizona. Rho…
Two “good news” features manifesting themselves at the recent annual meeting of Agnico-Eagle Mines (TSE) should have a positive impact on the current year’s performance. The first was that Paul Penna…
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