Lihir announces public offering
A registration statement has been filed with the U.S. Securities and Exchange Commission relating to the sale of shares in newcomer Lihir Gold.The company, newly incorporated in Papua New Guinea, plan…
Battle Mountain Gold Company
Busy year in Dominican Republic
Nineteen ninety-four was an active year for the mining industry in the Dominican Republic, particularly in the metallic and non-metallic sectors.Exports of ferronickel, gold and other mineral products…
New find near Kori Kollo
Drilling has revealed significant gold mineralization at Llallagua, a few kilometres from the Kori Kollo gold mine in Bolivia.Both projects are owned by Battle Mountain Gold (NYSE).Estimates for the L…
Drills turn at Slaven Canyon
Operator Uranerz Exploration & Mining has started a 3,000-ft. program of reverse-circulation drilling on its Slaven Canyon South property in Nevada’s Battle Mountain-Eureka gold trend.The property bel…
Draft EIS submitted for Crown Jewel mine
The long-awaited environmental impact statement (EIS) for the Crown Jewel gold mine in Washington state has finally been received.The 1,000-page document, prepared over a period of three years, is the…
Battle Mountain posts profit
On the strength of higher gold production from the Kori Kolla mine in Bolivia, Battle Mountain Gold (NYSE) posted a profit for the first quarter.Net income was US$2.5 million which, after a preferred …
Crown rejects merger offer
Junior Crown Resources (TSE) has rejected a merger proposal by Battle Mountain Gold (NYSE), claiming it is not in the best interest of its shareholders.The proposal was offered in mid-April, somewhat …