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…
Assay results from the Samira deposit in Niger continue to impress, with wide intersections exhibiting significant grades.To date, Placer Dome (PDG-T) has completed 55 diamond drill holes and has prov…
The cost of expanding the Sao Bento gold mine in Brazil led to a loss of US$1.6 million for Eldorado Gold (ELD-T) in fiscal 1996, compared with a loss of US$2.2 million in the previous year.The mine, …
Based on initial results from ongoing diamond drilling, Cumberland Resources (CBD-T) and Comaplex Minerals (CMF-T) are anticipating an increase in resources at their jointly held Meadowbank gold prope…
A low gold price took the wind out of Rea Gold’s (REO-T) sails during the first quarter.For the 3-Month period, the junior posted a loss of $5.8 million on revenue of $3.1 million, compared with a los…
A geophysical survey by Sur American Gold (SUR-A) at its Mina Rica property in western Colombia has outlined a large volume of moderate-To-high resistivity over an area measuring 1,000 by 300 metres.T…
The Cortez joint venture will attempt to extend its Pipeline deposit by exploring on the Robertson property of Vancouver-based Coral Gold (CLH-V)According to Louis Wolfin, president of Coral, the Cort…
The U.S. Bureau of Land Management (BLM) has formed a task force to evaluate possible revisions to the “3,809 regulations” governing hard-rock mining on BLM lands.In 1991, a similar task force conclud…
Drilling by Romarco Minerals (R-T) at the Converse gold project in Humboldt Cty. has returned several promising intersections.The project is a joint venture involving Toronto-based Romarco and German-…
Rayrock Yellowknife Resources (RAY-T) will mothball its Dee gold mine in northern Nevada as a result of weak gold prices.Situated in the Carlin trend, the operation is expected to close sometime in th…
1997May 27May 26May 23May 22May 21HighLowComposit…
Electra Gold (ELT-V) will sell its 10-year-old Aurora gold mine in southwestern Nevada to Consolidated Nevada Goldfields (KNV-T) in a deal worth US$2 million.The latter will pay US$1 million in cash a…
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