Nevada mined 7.8 million oz. gold in 1997, which is 75% of all gold produced in the U.S. and nearly 10% of world production.Gold production in Nevada makes the U.S. the second leading gold producer in…
An agreement-in-principle sets the stage for Anglogold (AU-N) to acquire the gold assets of Minorco (MNRCY-Q).The South African major offered Minorco US$550 million in cash for its interests in five o…
Independence Mining has exercised an option with Royal Gold (RGLD-Q) for the Buckhorn South property in Eureka Cty., Nev.Independence, a wholly owned subsidiary of Luxembourg-based Minorco (MNRCY-Q), …
On the heels of a new discovery at the El Penon project in northern Chile, Meridian Gold (MDG-N) has decided to proceed with development of a combined open-pit/underground mine.The Reno, Nev.-based co…
Having established itself as a successful mid-tier gold producer in the western United States, Meridian Gold (MNG0-T) has now set its sights on northern Chile.The Nevada-based company is months away f…
Independence Mining has optioned the Buckhorn South project in eastern Nevada from Royal Gold (RGLD-Q) in return for an interest in two of the former’s properties.Independence has agreed to spend at l…
Two discoveries and new production from the Dash open pit have invigorated operations at the 15-year-old Jerritt Canyon gold mine, near Elko.Independence Mining, a subsidiary of Luxembourg-based Minor…
Nevada produced an estimated $3.2 billion in minerals (including petroleum and geothermal energy) in 1995, matching the record set in 1994.It produced 6.8 million oz. gold worth $2.6 billion in 1995, …
The chairman of Minorco told shareholders at the annual meeting that a year of restructuring has resulted in a turnaround at the Jerritt Canyon gold mine in Nevada.In March 1990, Minorca acquired Inde…
A decline in production resulted in a first-quarter loss for FMC Gold (NYSE).The closure of the Royal Mountain King mill, combined with a slowdown in heap leaching at the Paradise Peak mine in Nevada,…
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