Tan Range deals Itetemia interest to Minorca
Tan Range Exploration (TNX-A) has inked a deal with Minorca Resources (MAR-T) whereby the latter can acquire up to a 50% interest in the Itetemia gold property in Tanzania.For its interest, Minorca mu…
News
Cambior boosts profit, production in 1997
Despite the weakness in gold prices during 1997, Cambior (CBJ-T) managed to boost its earnings, revenues and gold production for the year.The good news is partly due to the company’s far-sighted hedgi…
Meetings (February 23, 1998)
Feb. 27, Anglo-AndeanFeb. 27, Buffalo MinesFeb. 27, EQ ResourcesFeb. 27, FenwayFeb. 27, Golden RockFeb. 27, Goldrush Casino & MiningFeb. 27, GreenhopeFeb. 27, Madrona MiningFeb. 27, NoraFeb. 27, Pacif…
Index (February 23, 1998)
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Preliminary study yields positive results for Cumberland
A preliminary scoping study of the Meadowbank gold project in the Northwest Territories shows strong economic potential, despite low gold prices.Situated 70 km north of the ocean-accessible community …
Companies (February 23, 1998)
Ashton MiningAurado Expl.BolidenBroken Hill Pty.CambiorClaude Res.Comaplex Min.ComincoCons. Richland MinesCumberland Res.Cypress Min.Dayton MiningDia Met Min.Donner Min.Elizabeth Bay DiamondsEmerging …
SAM buys stake in Caber property
Toronto-based Southern Africa Minerals (SAF-T) has signed an agreement-in-principle to acquire a half-interest in the Caber copper-zinc property in northern Quebec from BHP Minerals International, the…
Claude scoops up Madsen
Saskatchewan’s largest gold producer, Claude Resources (CRJ-T), is acquiring fellow narrow-vein miner Madsen Gold (MGF-T), owner of the reopened Madsen gold mine in Ontario’s Red Lake camp.Claude is a…
Sulliden resumes work at Betts
Montreal-based Sulliden Exploration (SUE-M) has begun a second drill program at the Betts Cove gold project on Newfoundland’s Baie Verte Peninsula.The 6-hole, 1,600-metre effort, which is designed to …
Nelson expands CIL plant in Tajikistan
London, England-based Nelson Gold (NLG-T) has boosted the capacity of its carbon-in-leach (CIL) plant at the Jilau gold mine in northwestern Tajikistan.The expansion, which raises annual throughput to…
Princeton plans merger with Imperial
L.Faced with a $2.7-million debt repayment and an empty till, Princeton Mining (PMC-T) has agreed to merge with Imperial Metals (IPM-T) by way of a plan of arrangement.Princeton’s main asset is a 60% …
Nevsun drilling still outlining reserves
Nevsun Resources (NSU-T) has released the final assay results from 42 holes drilled on its 90%-owned Tabakoto gold project in Mali.The holes are part of the company’s 1997 in-fill drilling program, de…