Teck (TEK-T) has discovered 56 kimberlites at the Canabrava diamond project in Minas Gerais state, Brazil.The major, which can earn an initial 60% interest in the project from Canabrava Diamond (CNB-V…
The Canadian subsidiary of Santa Fe Pacific Gold (GLD-N) has dropped its 50% option on the Springpole Lake gold project near Red Lake, Ont., leaving Gold Canyon Resources (GCU-V) in control.Santa Fe h…
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Australian-listed Newcrest Resources has signed a joint-venture agreement with Queenstake Resources (QTR-T) for 12 properties in central Peru.The 19,600-ha land package, wholly owned by Queenstake, is…
A program of soil geochemistry has doubled the strike length of the Tassawini gold deposit in Guyana and identified a larger anomalous zone to the west, reports Menora Resources (MEN-M).In the 1980s, …
Albuquerque-based Santa Fe Pacific Gold (GLD-N) posted a profit in the third quarter and expects to do so again in the fourth.The third-quarter profit amounts to US$3.5 million (or 3 cents per share) …
Based on the results of a scoping study, Orvana Minerals (ORV-T) projects that its wholly owned Don Mario gold-copper project in eastern Bolivia could be in production as early as 1998, with an initia…
Vancouver-based Major General Resources (MGJ-V) will begin exploring for base metals on the Stewart property in the Bathurst area of New Brunswick.The company can acquire the 355-acre property by issu…
The geologist who discovered the first Hemlo gold deposit in 1981 has set his sights on the 134-claim White Lake property in the east Hemlo area of western Ontario.David Bell heads up CaribGold Resour…
Senior producer Teck (TEK-T) will explore the Barry gold property in northwestern Quebec.The property consists of 111 contiguous claims in three blocks and is held under option by juniors Murgor Resou…
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