Large-diameter drilling is planned by SouthernEra Resources (SUF-T) for the Camafuca-Camazambo pipe, near Calonda, in the Lunda Norte province of Angola.The company recently issued 500,000 of its shar…
Any time you dig a big hole in the ground, you get a surprise or two. All any operator can do is try to be ready for them.Fortunately for the partners in the Sadiola Hill project in western Mali, the …
Early exploration efforts by partners KWG Resources (KWG-T) and Falconbridge (FL-T) on the Managua prospect in the Dominican Republic have proved fruitful.Managua, a 1.6-by-0.6-km induced-polarization…
As gold deposits in northern Nevada become increasingly difficult and expensive to find, major companies are leaving it to the juniors to locate potential mines.One such company is Vancouver-based Pal…
Treminco Resources (TMO-T) will pay $4 million to Newhawk Gold Mines (NHG-T) for its 60% interest in the Bruceside-Sulphurets gold-silver project in northwestern British Columbia.A $2-Million payment …
Junior Tenke Mining (TNK-T) will borrow US$127 million from Investec Bank of South Africa for the first phase of development work at the Tenke Fungurume copper-Cobalt project in the Democratic Republi…
Partners Placer Dome (PDG-N) and Kennecott are producing commercial quantities of gold at the Pipeline deposit in central Nevada.The project is part of the Cortez joint-Venture, which includes three d…
Net income of US$1.1 million (or 7 cents per share) was reported by Royal Gold (RGLD-Q) for the second quarter of its 1997 fiscal year, compared with a loss of US$268,647 in the same period last year….
The Argentine subsidiary of Northern Orion Explorations (NNO-T) has formed a joint venture with Mexican silver giant Penoles on the Tres Hermanas property in Santa Cruz province.To earn a half interes…
With anticipated gold production of 3.7 million oz. in 1997 and 4.1 million oz. in 1998, Newmont Mining (NEM-N) is now North America’s largest producer of the yellow metal. In the world, it is second …
The Busang project in Kalimantan may have had more allure and sizzle for a time, but the Goldstrike property in Nevada’s Carlin trend was never in danger of losing its place as the production cornerst…
The steady hand of Paul Martin on the helm of the Canadian economy is probably the greatest strength of the Liberal party as it seeks another term in Ottawa and the re-election of Prime Minister Jean …
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