Aussie dispute over Super Pit settled
An agreement has been reached between Homestake Mining (HM-N) and Gold Mines of Kalgoorlie (GMK) over disputed production shares at Western Australia’s Super Pit.GMK has accepted Homestake’s US$51.4 m…
Homestake Mining Company
NEVADA SPECIAL — Canyon and Homestake eye Mountain View
In a joint venture with Canyon Resources (CYNR-Q), Homestake Mining (HM-N) is funding all the expenditures necessary to advance the Mountain View gold project through to a positive feasibility study.I…
SOUTHEAST ASIA SPECIAL — Yukon Gold starts work program at Buduk property in Kalimantan
In many tropical countries, the gold is where the miners are. Indeed, local, independent miners with hand tools and sluice boxes often pave the way for large-scale operations.Craft mining activity in …
Homestake excited by discovery
Exploration near the Hueso gold mine in northern Chile has become Homestake Mining’s (NYSE) “top international priority” following the discovery of a new gold zone in the area.Homestake discovered the…
Homestake Mining posts lower earnings for past year
Despite an increase in gold reserves, Homestake Mining (NYSE) posted lower profits in 1995. The decrease was caused by a combination of a high tax rate and low gains from the sale of assets.The compan…
Prime, Homestake home in on Red Mountain
Encouraged by preliminary trenching results from the Red Mountain area discovery near Stewart, B.C., Homestake Mining (NYSE) and Prime Resources Group (TSE) have moved to acquire an equity interest in…
Mineral processing to be highlighted at conference
Milling experts from around the world will convene in San Francisco next month for the 19th International Mineral Processing Congress.Sponsored by the Society for Mining, Metallurgy & Exploration, the…
Hemlo camp makes quiet progress
Exploration companies are active again in the Hemlo gold district of northern Ontario, working at a slower and steadier pace than their predecessors did in the early 1980s.About 85-90% of the greensto…
Homestake targets Aussie subsidiary
In a stock swap valued at about US$162 million, Homestake Mining (NYSE) plans to assume sole ownership of its Australian subsidiary.The company will exchange 9.8 million shares of its common stock for…
High-grade Eskay Creek mine spins gold and silver for Prime Resources
Set in the scenic Iskut River region of northwestern British Columbia, the Eskay Creek mine is so compact as to suggest a development project rather than an actual producer. There is no mill on site, …
EDITORIAL PAGE — A hollow victory?
The recent ribbon-cutting ceremony at the Eskay Creek gold-silver mine north of Stewart marks the first mine opening in British Columbia in five years.Premier Michael Harcourt, Mines Minister Anne Edw…
Conger heads up World Gold Council
Harry Conger, chairman of Homestake Mining, was elected chairman of the World Gold Council during its annual meeting held recently in Bangkok, Thailand.The council is an international organization for…