Bridger achieves production at Chilean mine
Initial production has been achieved at the Pepa gold mine in the Maricunga district of Chile. The mine is operated by Compania Minera Horus Limitada, a 65% owned subsidiary of Bridger Resources (VSE)…
Initial production has been achieved at the Pepa gold mine in the Maricunga district of Chile. The mine is operated by Compania Minera Horus Limitada, a 65% owned subsidiary of Bridger Resources (VSE)…
A mineral prospect in Utah reported to have potential for a “Carlin-type” gold deposit has attracted the interest of High Frontier Resources (VSE). The junior recently acquired the Washington Dome pro…
While a shift in emphasis to aluminum from molybdenum production continues to pay off for New York-based resource giant Amax (TSE), the company’s earnings were down from last year’s record levels. Ama…
The spot price of lead on the London Metal Exchange (LME) recently surged to US55 cents per lb. in response to tight metal supplies around the world. Production disruptions and low stocks on the LME h…
A $300,000 exploration program funded by Redfern Resources (TSE) and Cumberland Resources (VSE) returned only low grade zinc and copper values from the Prairie River-Marlhill property near Terrace Bay…
The postponed agreement between Westmin Resources (TSE) and Tenajon Resources (TSE) for developing the SB gold-silver property near Stewart, B.C., is back on track. The two companies recently announce…
Earnings for Black Swan Gold Mines (VSE) for the nine months ended Dec. 31 amounted to $7,000 on revenues of $3.4 million. No figures were given for the comparable period in the previous year. The 9-m…
There are few, if any, occupations that expose individuals to such a variety of hazards as mineral exploration does. Several characteristics of the exploration sector in Western Canada are probably un…
During the week ended March 20 the fortunes of the U.S. dollar continued to dominate the gold market as international investors flock into the currency. The U.S. dollar rose over 100 basis points to c…
Toronto-based Agnico-Eagle Mines (TSE) was forced last year to count the cost of shutting down its silver mining operations in Cobalt, Ont. After swallowing a fourth-quarter writedown of $17.7 million…
Because of a boost in both the quantity and quality of reserves at the huge Windy Craggy massive sulphide deposit, owner Geddes Resources (TSE) is more confident than ever of a long life for its propo…
A series of transactions has enabled Goldbelt Mines (VSE) to increase substantially its land position in the Galore Creek camp, north of the Iskut River region in British Columbia. The company acquire…
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