New mines open in 1997
The year past won’t be remembered as much for its mine openings as for its scandals, but several notable (and legitimate) projects did come fruition both in Canada and abroad during 1997.The Musselwhi…
Battle Mountain Gold Company
Freeport eyes ground in Irian Jaya
Freeport McMoRan Copper & Gold (FCX-N) has signed a letter of intent to explore and acquire 1.2 million acres in Irian Jaya, Indonesia, currently held by Battle Mountain Gold (BMG-N).Freeport now hold…
Companies (January 05, 1998)
Aber ResourcesAntares Mining and ExplorationApex Silver MinesArizona Star ResourceAshton Mining of CdaAtapa MineralsAtna ResourcesBand-Ore ResourcesBattle Mountain GoldBema GoldBroken Hill Proprietary…
Gold industry pulls in its horns — Rating service downgrades producers; Kinross to close QR
The gold price plunged again over the past week, crashing through its Feb.25, 1985, low of US$284.25 on Dec. 9, and causing further concern that gold producers will be forced to close their highest-co…
Companies (December 15, 1997)
Adrian ResourcesAGC Americas GoldAgnico Eagle MinesAlto MineralsAmax GoldAmbrex MiningAntares Mining and ExplorationAnvil RangeArmada GoldAtna ResourcesAurizon MinesBand-Ore ResourcesBanro ResourcesBa…
EXPLORATION ROUNDUP — Crown Jewel gets permits
The Washington State Department of Ecology has issued water permits to the Crown Jewel gold project, bringing it one step closer to production.The Department of Ecology granted the permits following a…
Relationship of miners, natives examined — Whitehorse conference to address negotiations, existing deals
A conference examining the relationship between mining companies and aboriginal groups will be held Nov. 20-21 at the Westmark Hotel in Whitehorse, Y.T.The conference, entitled “Making the Grade: The …
Altavista moves Santa Anna to feasibility — Geologists struggle to decipher pattern of gold mineralization
Step by step at its Santa Anna property, Montreal-based Altavista Mines (AIA-) is developing what may become Quebec’s next new gold mine.The property is situated 15 km west of La Sarre, close to the O…
Battle Mountain, Orvana option Chilean property
The Copper Line joint venture of Battle Mountain Gold (BMG-N) and Orvana Minerals (ORV-T) has reached an agreement-in-principal with the Chilean state mining enterprise Codelco that will expand the jo…
Normandy hits high grade Down Under
Exploration at the Vera Nancy gold deposit continues to intersect high-grade values as the Australian project nears commercial production.Situated in Queensland, the project is a joint venture of Norm…
Gitennes pins hopes on Virgen gold property
Although it is still in the early stage of being explored, the Virgen property in north-Central Peru is already attracting attention as a gold discovery of some significance.Over the next four years, …
Teck accelerates exploration in northeastern Mexico
Here in the southeastern state of Oaxaca, Teck (TEK-T) is carrying out early-stage exploration on the Lachatao gold property, with trenching and drilling endeavoring to outline what the company hopes …