NEWS ROUNDUP — New Canamin studies Huckleberry
A milling study is under way at the Huckleberry porphyry copper property near Houston, B.C. Owner New Canamin Resources (VSE) is investigating the potential economic effects of milling 25,000 tonnes p…
A milling study is under way at the Huckleberry porphyry copper property near Houston, B.C. Owner New Canamin Resources (VSE) is investigating the potential economic effects of milling 25,000 tonnes p…
Junior Tandem Resources (ME) has increased its interest in NAR Resources (ME) to 34.5% from 30.1%. Tandem subscribed for 120,000 shares of NAR, paying 50 cents per share, or $60,000 in aggregate. Afte…
Minority shareholders of Craibbe-Fletcher Gold Mines (CDN) have voted 89.7% in favor of an amalgamation with a wholly owned subsidiary of Placer Dome (TSE). Placer controls Craibbe-Fletcher through it…
Positive results from initial area examinations have prompted Caribgold Resources (TSE) to intensify its gold exploration efforts in Cuba. In the Laura sector of the Camaguey property, diamond drillin…
An option agreement with a private company will allow Pacific Galleon Mining (VSE) to acquire the Raq-Apolo project in Chile. Galleon made the deal, under which it is committed to expenditures until t…
Back in 1986, before Louis Gignac accepted the opportunity to head up a public mining company holding the crown jewels of Quebec’s government-owned Soquem, he wanted assurances that the company would …
An open-pit coal mining operation is planned for the Springhill area of Nova Scotia. Springhill Coal has drawn up plans to extract about 2.2 million tonnes during a 12-year period from 14 sites in the…
High royalty and net profit payments on the Ashdown gold property in Humboldt Cty., Nev., have led International Mahogany (TSE) to conclude the property is uneconomic. Subsequently, Mahogany has termi…
Mining giant Noranda (TSE) is demonstrating interest in three Mexican copper properties belonging to Aquiline Resources (VSE). The properties — La Reyna, La Vista and La Joya — are all in the southw…
The Trendline gold property in Nevada has been expanded by 1,300 acres, raising the total acreage to 3,200. Kennecott can earn a 65% interest in the property from Cathedral Gold (TSE) by spending at l…
A joint-venture agreement enables Battle Mountain Gold (NYSE) to earn a 60% interest in the Morning Glory property from Formation Capital (VSE). The property is in east-central Idaho. To earn the inte…
A previously unrecognized volcanic basin has been found on the Purial mineral concession in eastern Cuba. Republic Goldfields (VSE) reports that the basin measures 22 by 19 miles and hosts at least se…
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