A modest-sized gold mine in Mexico’s Sonora state is churning out profits for Geomaque Explorations (GEO-T) and, at the same time, providing a base for expansion into new ventures.The San Francisco he…
Mining at the Faro properties in the Yukon has been suspended.Anvil Range Mining (ARO-T) cited production problems, low metal prices and a strengthening Canadian dollar as reasons for the closure. It …
Drilling has resumed at the Guadalupe de los Reyes epithermal gold-silver project in the northern Mexican state of Sinaloa.Northern Crown Mines (COB-V) is carrying out a 20,000-metre program to develo…
Persistently poor operating results from the NES pits are forcing Rea Gold (REO-T) to write down the value of the Mt. Hamilton gold mine in Nevada.The company will take a third-quarter writedown of $2…
The Women’s Association of the Mining Industry in Canada (WAMIC) recently celebrated its 75th anniversary at Toronto’s King Edward Hotel.Attended by 400 people from all sectors of the mining industry,…
After the First World War, thousands of Finns migrated to North America, most of whom settled in the northern U.S. and Canada. The lakes and forests of northern Ontario reminded them of their homeland…
A diamond venture in South Africa is providing a new focus for Sonora Gold (SON-T), a junior previously active in gold exploration in California.Sonora recently acquired Windsorton Mining, which, in t…
The Vancouver Stock Market Exchange composite index remained flat over the report period ended Nov. 19, slipping 4.71 points to close at 1,149.79. The resource index closed down 43.5 points at 2,301.6…
The Toronto Stock Exchange continued strong in the past week, helped along by the base metal sector. The TSE 300 composite index had four more record-closing levels in the 5-day report period ended No…
Junior Virgina Gold Mines (VIA-M) has discovered a new showing, known as “Rock’n Hammer,” at its Auclair property, along the Eastmain River in northern Quebec.The company also reported the discovery o…
According to a Melbourne-based mining consulting firm, Australia is on-track to produce a record 290 tonnes of gold this year, up from 253.7 tonnes in 1995.The country produced 73 tonnes of the yellow…
The terms of a deal between Royal Oak Mines and Pelangio Larder Lake Mines were incorrectly stated in the article “Exall, Glimmer cut ribbon on Ontario Gold Project” (T.N.M., Nov. 11/96).In the Nighth…
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