Aurtec plans final feasibility in Gabon
Aurtec Mining Development (ME) is trying to raise $500,000 to conduct a final feasibility study on its Bakoudou gold property in Gabon, Africa. Detailed exploration work on the property has outlined a…
Aurtec Mining Development (ME) is trying to raise $500,000 to conduct a final feasibility study on its Bakoudou gold property in Gabon, Africa. Detailed exploration work on the property has outlined a…
Production recently commenced at the Simkar gold mine of Ronrico Explorations (VSE) following the shipment of 10,500 tons of ore and development muck to Belmoral’s (TSE) mill near Val d’Or, Que. Ronri…
A tentative agreement between Westmin Resources (TSE) and Pioneer Metals (TSE) calls for Pioneer to transfer to Westmin its 40% interest in the Premier Gold project near Stewart, B.C. In return, Westm…
A private Australian company has agreed to provide a $150,000 loan to finance development at Swansea Gold Mines’ Ruby Creek gold prospect near Wisdom, Mont. The property hosts a 2.56-million-cubic-met…
Operator Westmin Resources (TSE) plans to begin mining the 35 zone on the SB property before mid-May of this year, with the first batch of ore scheduled to be milled in mid-July. The company is earnin…
An agreement in principle has been reached between privately owned National Mineral Corp. and Bitech Corp. (ASE) that will see exploration work resume on the latter’s Nugget Pond gold property in nort…
Henri Zausznica appointed a director.
Malcolm Stevenson appointed president of the board succeeding Kenneth Herrmann who resigned.
Driven by threats of a miners’ strike in the Soviet Union, shares of Toronto-based Inco (TSE), the western world’s largest nickel miner, recently equalled their high for the year of $39.63. However, a…
Hudson Bay Mining & Smelting Co. Ltd. (HBM.S:TSE) has advised that the quarterly dividend on the special shares, normally payable in March, will be omitted.
Gerard Munera elected a director.
Vancouver-based Placer Dome (TSE) recently increased its stake in Cache Explorations (ME) to 20.5% from 12.5% by purchasing an additional 600,000 shares of Cache at $1 per share. Cache shares recently…
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