A preliminary agreement with TVX Gold (TVX-T) will allow Ballad Enterprises (BDC-V) to acquire all property assets held by TVX’s Peruvian subsidiary in the South American country.TVX Peru holds 35 pro…
A resource calculation and preliminary metallurgical testing at the Zona Barita project have enabled Joutel Resources (JTL-T) to advance the Cuban property to the feasibility stage.A resource of 5 mil…
Aluminium: LME settlements US$1,602.50 per tonne, alloy $1,508 per tonne (April 1/97).Antimony: Composite free market, US$2,200 per tonne (April 1/97).Bismuth: Composite free market US$3.11 per lb. (A…
Geomaque Explorations (GEO-T) has received encouraging results from the first three holes drilled at the Vueltas del Rio gold project in Honduras.The Toronto-based company acquired the project last ye…
Teryl Resources (TRC-V) and the U.S. subsidiary of Placer Dome (PDG-T) have struck a deal whereby the latter can earn a 60% interest in the Westridge property in Alaska.Placer Dome U.S. can earn its i…
Situated halfway between Mexico City and Acapulco in Guerrero state, the Campo Morado region is luring several North American companies, including Farallon Resources (FAR-V), Teck (TEK-T) and Newmont …
The ongoing exploration programs of MacDonald Mines Exploration (MMP.A-A) continue to expand gold, silver and copper resources at the company’s Cuban properties.Results from 27 holes drilled on the Th…
Using the Joe Mann gold mine in Quebec as its production cornerstone, Campbell Resources (CCH-T) has met with considerable success in its efforts to seek and develop new opportunities in Central Ameri…
Best known for its exploration projects in Newfoundland, Noveder (NED-M) has acquired 7,400 ha near the producing Refugio gold mine in Chile’s Maricunga district.The deal comprises two properties, the…
A large circular hill, or domal feature, on the San Martin concession in central Honduras is being trenched by Mar-West Resources (MSR-V) in preparation of a 3,000-metre drill program, to begin this m…
Indonesia’s state-owned mining company, Aneka Tambang, has decided to include the Gunung Pongkor gold mine in its initial public offering planned for later this year.As a result of this decision, Anek…
James Houston appointed chairman; Charles Williams appointed president and chief executive officer; William Buchan appointed chief financial officer; Allan Marter, David Rennie and George Brazier appo…
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