Montreal-listed Fairstar Explorations will acquire OGY Petroleums’ (TSE) 45% interest in the Fenelon gold project in northwestern Quebec.Fairstar will issue 1.5 million of its common shares and 1.5 mi…
Drilling on the Eholt property in southern British Columbia has returned skarn-hosted, gold-copper mineralization within disseminated and massive sulphides.Orvana Minerals (TSE) drilled four holes wit…
The northwestern tip of Argentina continues to attract Vancouver-based Paramount Ventures & Finance (VSE).The junior can expand its land position in the province of Jujuy — currently about 60,000 hec…
Australian-based Golden West Refining will breathe new life into International Nesmont Industrial’s dormant gold refinery in Ladner, B.C.The refinery was shut down last year after brass bars were foun…
Complaints have been filed against Pegasus Gold (TSE) and subsidiary Zortman Mining for allegedly violating the U.S. Clean Water Act at the Zortman-Landusky gold mine in Montana.The complaints were lo…
London Metal ExchangeSpot closing prices in $US per tonneDateJune 27June 26June 23June 22June 21Copper3056-3057 3100-3103 3125-31303135-31403097-3098Lead621-622 626-627 621.5-622.5 611-612…
Winter drilling at the N.W.T. Diamonds project near Lac de Gras has substantially increased the grade of the Misery pipe and enhanced or confirmed the previously reported grades of the Koala, Panda an…
A $2.1 million financing was recently completed by Madsen Gold (TSE). The junior plans to use the proceeds to complete the purchase of the Dona Lake mill.The mill will be moved from its current locati…
For the first six months of 1995, gold production at Eden Roc Mineral’s (TSE) Ivory Coast property is expected to be more than double what it was in the same period last year.Output for the period is …
Diamond drilling is under way on the Prairie Creek property of San Andreas Resources (TSE), 300 miles west of Yellowknife, N.W.T.The property hosts a geological resource of 6.8 million tons grading 12…
Emerging from several years of dormancy, Consolidated Silver (NASDAQ) is trying to gain a footing in the industry.Under an agreement with Hecla Mining (NYSE) which owns 67% of Consolidated, the junior…
An independent consultant has updated the resource at the Busang gold property in East Kalimantan, Indonesia.Owner Bre-X Minerals (ASE) estimates that, based on a cutoff grade of 1 gram gold per tonne…
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