News

Production of precious, base metals up in July

Canadian production of gold, silver, copper and zinc increased between July 1996 and July 1997. However, output of lead and nickel decreased over the same period.The statistics shown below were compil…


GLOBAL SEARCH FOR GOLD — Metallica eyes Maria Rosa

A letter agreement sets the stage for Metallica Resources (MR-T) to acquire the assets and property of a small former gold producer in Goias state of central Brazil.The company says the Mara Rosa mine…






GLOBAL SEARCH FOR GOLD — SAR gains stake in Sweden

The 38%-owned Swedish subsidiary of South Atlantic Resources (SCQ-V) has entered into an agreement with Golden Eagle Mines, a private Swedish firm, to acquire a 75% interest in the latter company’s ex…





Bema arranges US$45-m financing for Refugio

Bema Gold (BGO-T) has arranged a non-recourse project loan for up to US$45 million based on its 50% share of production at the Refugio gold mine in central Chile. The new loan replaces a previously an…



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