Gold production at the Limon mine in Nicaragua is steadily improving.Triton Mining (TTM-T) achieved record gold production in the fourth quarter of 1996, producing 3,147 oz. in October, 3,200 oz. in N…
The first two holes drilled by Pangea Goldfields (PDG-T) at its joint-ventured Victoria Lake gold project in east-central Peru have confirmed mineralization at depth for one of three gold structures b…
The South African-based consultancy firm Resource Exploration & Development (RED) has recommended follow-up ground work on all properties held by Serengeti Diamonds (SGD-V) in Tanzania.Serengeti owns …
Banking on the old adage that the best place to find a new mine is near an old one, Golden Hemlock Resources (GHE-V) is looking for treasure in the Sierra Madre mountains surrounding this Mexican vill…
The diamond market was strong in 1996, as indicated by year-end figures released by South Africa-based producer De Beers Consolidated Mines (DBRS-Q) and its distribution arm, the Central Selling Organ…
Diamond Fields International (DFI) has acquired all the subsisting rights of BHP Minerals International and Benco to gain an interest in the Luderitz diamond mining concessions, off the coast of Namib…
A 1,000-metre, 6-hole program is under way on the Canalask property in southeastern Yukon.Owner Expatriate Resources (EXR-V) will test coincident airborne electromagnetic and magnetic geophysical anom…
Spending on exploration and mine development surpassed $108 million last year in the Yukon Territory, continuing an upward trend which began in 1992.Exploration spending totalled $54.8 million (a 37% …
Alberta-listed Coleville Resources (CLL-A) plans to raise $2 million in a private placement to finance exploration and development of its Indonesian properties.The financing comes less than two months…
Rouyn-Noranda, Que.-based Maude Lake Exploration (MAU-M) is exploring its gold properties in the Abitibi greenstone belt.At the 4,050-ha Matheson property in the Destor-Porcupine fault, just northeast…
Vancouver-based Viking Gold (VGCN-C) has started drilling its Svartliden gold project in northern Sweden.The company can earn a 60% interest in the project by spending US$600,000 on exploration, and a…
Now that it fully owns the Soukoura polymetallic property in Burkina Faso, Kinbauri Gold (KNBR-C) is planning an aggressive program of exploration.The company recently acquired a 50% back-in interest …
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