Few mineral projects have developed as quickly as Voisey Bay, a nickel-copper-cobalt project with open-pit potential favorably situated in moderate terrain 10 km from tidewater and about 35 km from Na…
The economic reforms initiated five years ago in this then-war-torn country have ushered in a climate of relative stability and security. As state-owned mines and other assets became privatized, forei…
South African mining house Gencor will be featured in an address at the May 25 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum.Brian Gilbertson, executive …
An option agreement with Fortune Minerals (CDN) will allow a private company to earn a 20% interest in the NICO group of claims in the Mazenod Lake area of the Northwest Territories.To do so, the priv…
Under an agreement with the transitional government of Ethiopia, Golden Star Resources (TSE) has been granted exploration leases in the East African nation.The 90 licences constitute what is known as …
Drill contracts have been submitted for tender, and surface gridding is expected to begin soon at the Kidd project of Eastmain Resources (CDN) in Timmins, Ont.The junior was recently awarded a $26,000…
A takeover bid of International Musto Explorations (TSE) by Rio Algom (TSE) and North Ltd. of Australia has the support of Musto’s board of directors.RN Galaxy, a company formed by Rio and North, offe…
Management of TVX Gold (TSE) will use its “killer instinct” to produce more than 1 million oz. gold annually by 1998, Chairman Eike Batista told shareholders at the annual meeting in Toronto.”We shoul…
Mine expansion and acquisition plans should give gold-silver producer Kinross Gold (TSE) annual output of 500,000 oz. gold-equivalent by the end of 1996.At the annual meeting, President Robert Buchan …
The May 26 luncheon of the Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petroleum will hear a presentation about Westmin Resources and its prospects.President Walter Segsworth …
Wednesday, May 10Price (US)Week’sChangeGold*$383.40-$5.40Silver*$5.48-$0.40Platinum*$435.50-$17.25Nickel**$3.15-$0.02Lead**$0.26-$0.01Copper$1.24-$0.01Zinc$0.46-…
Following several meetings with the government of British Columbia, Royal Oak Mines (TSE) and Geddes Resources (TSE) have withdrawn their respective bids to acquire the Kemess South gold-copper projec…
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