News



Countdown to production begins at Lihir

Construction is nearly complete and startup is fast approaching for the Lihir gold mine, on the tiny island of the same name.It will be the largest mine in the world to open in 1997, and when The Nort…




EXPLORATION 1997 — Yamana to test anomalies

Ongoing exploration by Yamana Resources (YRI-T) will test an aeromagnetic anomaly and associated gold mineralization in the northern portion of the company’s Block I contact-of-work (CoW) application,…





Local authorities foreclose on Kerr

McGarry Twp. in eastern Ontario has foreclosed on the Kerr gold mine because owner AJ Perron Gold failed to pay more than $2 million in back taxes.In late February, local authorities held an auction d…


Indochina boosts private placement

The private placement announced by Indochina Goldfields (ING-T) in February has risen to $90 million, following an increase in the number of $18 units to 5 million from 3.5 million.When the placement …



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