News

Stronger demand and better prices for uranium have prompted the U.S. subsidiary of Rio Algom (TSE) to proceed with development of its Smith Ranch uranium project in Wyoming’s Powder River basin.The pr…

A production decision for the Mantua open-pit, gold-copper project in Cuba is pending now that a final feasibility study has been approved by the joint-venture partner of Northern Orion Explorations (…

Short positions outstanding at January 15, 1996Larger individual positions included: Barrick Gold 6,795,418; Agnico-Eagle 288,435; Adex Mining 216,500; Arequipa Res. 164,600; Anvil Range 144,500; Bema…

With its latest acquisition, Campbell Resources (TSE) has expanded farther into Latin America, beyond its Santa Gertrudis gold mine in Mexico. The company can now acquire the Cerro Quema gold project …

Montreal-based SNC-Lavalin, Canada’s largest engineering and construction company, has signed an agreement to acquire, for an undisclosed amount, Kilborn Holdings, a Toronto-based engineering company….

With new minable reserves calculated for the Kodiak A and Ursa deposits, North American Metals (VSE) is preparing to begin a 170,000-tonne heap-leach operation at its Golden Bear property in northwest…

Now that metallurgical tests have confirmed its expectations for gold recovery, Cyprus Canada will proceed with the next phase of exploration at the Taurus project, near Cassiar, B.C.The company, a wh…

Rea Gold (TSE) is busy drilling at its Mt. Hamilton mine in eastern Nevada, and results are proving positive.The reverse-circulation program is testing the new Chester gold structure. Forty holes, tot…

The newly discovered NEX and Hanging Wall zones at the Eskay Creek mine in northwestern British Columbia are estimated to contain a diluted geological resource of 227,000 tons grading 0.88 oz. gold an…

A. Ali appointed chief financial officer.

Tim Mann appointed vice-president of operations.

Jeffrey Taylor appointed executive vice-president of corporate development.