A recent joint venture agreement between Bethlehem Resources (TSE) and Goldnev Resources (VSE) will provide for ongoing exploration of several prospects in the vicinity of the Goldstream polymetallic …
A proposed joint venture agreement is setting the stage for Pacific Century Explorations (VSE) to take on a partner for continued exploration of the Pay Dirt property in northwestern British Columbia….
St. Genevieve Resources (TSE) recently bought for cancellation, $10.7 million worth of its 5.625% convertible bonds, through a transaction on the Swiss bond market. The bonds were purchased for the eq…
The Goldenrae alluvial gold mine in Ghana, West Africa, has entered into production, two weeks behind schedule but 10% below budget. At operating costs of below US$130 per oz., part-owner Sikaman Gold…
The controlling shareholder of Newmont Mining (NYSE) is negotiating to dispose of its 49% interest in the Denver-based mining company and buy into a lumber company. Hanson of London would sell most of…
White Plains Resources (VSE) has failed to exercise an option to purchase from Sikaman Gold Resources (TSE) a 75% interest in the Gilbert wollastonite property in Nevada. The option deadline was Oct. …
A work program by Minnova (TSE) is slated to begin shortly on the Fireweed property near Smithers, B.C. The company has the right to earn a 70% interest in the polymetallic (gold-silver-lead-zinc-copp…
The phone ring sounded urgent. I picked it up. It was Harry Speers. “Barry, do your guys know what they’re doing?” Now Harry is a bit of a joker but this sounded semi-serious. “Why do you ask, Harry?”…
A 10-hole exploration program is halfway complete on the Nevada Chance “East” claim block, some 60 miles north of Lovelock, Nev. The gold project is a joint venture between LAC Minerals (TSE) and Norg…
Institutions can go bankrupt, stocks can go belly-up, currencies can become museum pieces, governments can fall — but gold is gold is gold. There is no way that gold can go bankrupt because gold has …
LAC Minerals (TSE) says gold output from its new Bousquet No. 2 mine near the town of Malartic in northwestern Quebec will reach its planned target of 75,000 oz. this year. Situated less than a mile a…
Having discovered five massive sulphide lenses on its Mobrun mine property near Rouyn-Noranda, Que., Audrey Resources (TSE) has set out to look for additional deposits on the property. The company say…
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