Dreams of saving money in Russia’s barren Arctic to buy a home and retire to the temperate south have perished in the grim reality of inflation. Officials say more than 800,000 of the Russian Arctic’s…
Surface drilling of the Alamos property in Sonora, Mexico is planned by Tenajon Resources (VSE). The property hosts several targets that, collectively, could develop into a heap-leach operation employ…
A Nova Scotian court has strongly rejected the $65-million claim of Westminer Canada Holdings and Westminer Canada against Seabright Resources. Instead, the former Seabright directors were awarded $10…
A comprehensive listing of weekly stock quotations for mining securities is provided by The Northern Miner. To assist readers who often know the name of the stock but not the exchange on which it trad…
Revenues and gold production for St Andrew Goldfields (TSE) reached record levels in 1992. The Stock Twp. mine, east of Timmins, Ont., produced 36,301 oz. from 191,152 tons grading 0.198 oz. gold per …
Investors have taken a shine to precious metal stocks, and Canadian gold producers are seizing the opportunity to issue new equity. Since the beginning of the year, the Toronto Stock Exchange’s gold a…
A royalty on hardrock mining on public land in the U.S. will be dropped from the proposed fiscal 1994 budget of the Clinton Administration, the Associated Press reports. However, White House officials…
The well-attended annual meeting of Aur Resources (TSE) in Toronto heard upbeat news about base metals development in Canada. The massive Louvicourt deposit, being developed by Aur and its partners, i…
Drilling is to start shortly at the Marudi gold project of Sutton Resources (VSE) in south-central Guyana. The program will test geological/geophysical targets within an extensive gold-in-soil anomaly…
Proceeds of $5.58 million are reported by Exall Resources (TSE) from a private placement involving special warrants. The company will fund option payments and exploration and development relating to M…
Manhattan Minerals (VSE) has an option to acquire the Reyna de Oro Mineral concessions in Chihuahua, Mexico. It must spend US$2.5 million over five years and make graduated payments totaling US$300,00…
Junior Arauco Resources (VSE) has broadened its South American portfolio by acquiring five copper properties covering 185 sq. km. in Argentina. Arauco already has 22 properties in southern Chile, incl…
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