An exclusive right to negotiate an option agreement on the 28-sq.-mile Itetemia gold prospect in Tanzania has been granted to Tan Range Exploration (VSE). The property is southeast of the Bulyankhulu …
After re-evaluating data at its gold property in Beatty Twp., Ont., Maude Lake Gold Mines (CDN) has calculated new reserve estimates of 813,414 tons averaging 0.24 oz. gold per ton. Ore has been delin…
A contractor has been hired to carry out open-pit mining at Greenstone Resources’ (TSE) Santa Rosa gold mine in west-central Panama. Brown & Root is moving men and equipment to the site in preparation…
An option agreement with Santa Fe Pacific Mining (NYSE) gives Consolidated Ramrod Gold (TSE) the right to earn a 50% interest in the Lovie gold property in Lander Cty., Nev. In consideration for the i…
A drop in copper prices and the resulting shutdown of mining operations at its Similco copper mine in British Columbia left Princeton Mining (TSE) with a 1993 loss of $24.8 million on revenues of $47….
Two exploration programs have been completed by Vauquelin Mines (ME) on the company’s wholly owned Fourax and 85% owned Bloc-Ouest/Nordeau properties. A $70,000 drill program totaling more than 2,300 …
Vancouver-listed Minefinders will complete a private placement of 500,000 units at $4.20 each. While the financing has yet to be approved by regulators, each unit is to consist of one common share and…
Alberta-listed Trillion Resources has issued more than 2 million warrants for gross proceeds of almost $7.2 million. Each special warrant, priced at $3.50, is redeemable for one Trillion common share …
Silver-miner Sunshine Mining (NYSE) has entered a mining lease with Revenue Virginius Mines for the Virginius mine in southwestern Colorado. The mine, now closed, produced more than 14.5 million oz. s…
Junior Societe d’exploration miniere Vior (ME) and the Quebec Crown company Soquem report additional drill results from the Douay North-West property near Joutel, Que. Three holes — 94-09, 94-10 and …
The tram line was a most effective system for transporting ore, supplies and personnel between the mine and the mill in bygone days. Usually, they were used at inaccessible mine sites or if the cost o…
I was amazed by the article “Asbestos report is challenged” (T.N.M., March 7/94) and concluded that possibly your staff is biased on the asbestos controversy. You have cited a group of “professors” fr…
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