1996

Rea Gold (TSE) is busy drilling at its Mt. Hamilton mine in eastern Nevada, and results are proving positive.The reverse-circulation program is testing the new Chester gold structure. Forty holes, tot…

The latest hole drilled on the Taylor Brook property of Stratabound Minerals (ASE) shows a wider, but weaker, mineralized zone.Hole 18, collared 100 metres east of hole 17, intersected a 42-metre zone…

Washington state-based Royal Oak Mines (TSE) has responded to disappointing year-end results by announcing decisions aimed at increasing the profitability of its gold-mining operations.At the end of t…

The newly discovered NEX and Hanging Wall zones at the Eskay Creek mine in northwestern British Columbia are estimated to contain a diluted geological resource of 227,000 tons grading 0.88 oz. gold an…

Former joint-venture partners Akiko Gold Resources (VSE) and Gold Canyon Resources (VSE) are at odds over a back-in right on the Springpole gold project in northwestern Ontario.Akiko holds the right t…

Stronger demand and better prices for uranium have prompted the U.S. subsidiary of Rio Algom (TSE) to proceed with development of its Smith Ranch uranium project in Wyoming’s Powder River basin.The pr…

A production decision for the Mantua open-pit, gold-copper project in Cuba is pending now that a final feasibility study has been approved by the joint-venture partner of Northern Orion Explorations (…

In a move to strengthen its position in Western Australia, Coeur d’Alene Mines (NYSE) has acquired a stake in Orion Resources. Only recently, that very stake in Orion was acquired by Homestake Mining …

Procoloro Resources (ME) has given a private Quebec company, 29594785 Quebec Inc., an option to earn 45% of the Vallejo property in the Remedios district of Colombia.The 5.6-sq.-km concession has a ve…

While gold production for the Sleeping Giant mine in northwestern Quebec was up in 1995, it did not reach mid-year projections.Output for the year was 48,042 oz., 12% higher than the 43,003 oz. produc…

During the 1950s, many newly arrived immigrants were hired at the fast-developing world uranium centre that was Elliott Lake, Ont. Numerous sturdy Italians made their way to the mines and gradually fo…

Ashanti Goldfield’s 10 years of growth will be discussed by Chief Executive Officer S.E. Jonah at this month’s meeting of the Canadian Institute of Mining, Metallurgy and Petroleum, in Toronto. Topics…