Canadian production rates of gold, refined lead, refined zinc, salt and potash increased in November 1996 over levels recorded a year earlier.However, output of silver, copper, nickel, primary lead, p…
Gold Funds as of January 30, 1997BGRCentralTNet Value$21.80$5.89Price$17.85$5.450Discount18.14%7.5%Value$162,026,000$98,641,185…
Juniors Spider Resources (SPQ-A) and KWG Resources (KWG-T) have found more diamonds in the Kyle Lake diatreme in the James Bay Lowlands, 200 km north of Timmins, Ont.The results, called “quite encoura…
The U.S. Bureau of Land Management has approved plans to expand the Twin Creek gold mine in northern Nevada.The decision allows owner Santa Fe Pacific Gold (GLD-N) to expand the pit and thereby gain g…
Toronto-based Banro Resource (BANR-C) is exploring its Namoya gold property in the Maniema province of eastern Zaire.CME Consulting is managing the program, which consists of an airborne geophysical s…
Toronto-based High River Gold Mines ((HRG-T) has acquired an option to earn 100% of a 500-sq.-km concession adjacent to its Taparko gold project in Burkina Faso.A second-phase, US$2-million exploratio…
A drill program by Tri Origin Exploration (TOE-T) is attempting to expand mineralization at its Lewis Ponds property in New South Wales, Australia.Resources at the Toms zone of Lewis Ponds stand at 1 …
In Oaxaca state, the Mexican subsidiary of Teck (TEK-T) has identified a gold deposit with bulk-mining potential.The 8-by-8-km concession is held by the Mexican subsidiary of International Northair Mi…
The Tongo Fields diamond project of Rex Diamond Mining (RXD-T) has yielded 18.9 million carats valued at US$175 per carat.Situated in the West African country of Sierra Leone, the project includes kim…
Quebec-based Cambior (CBJ-T) has left Nuinsco Resources (NWI-T) alone at the Cameron Lake gold project in northwestern Ontario.The companies agreed that by forfeiting its option, Cambior is not accoun…
Cabo Exploration Ventures (CVE-V) intends to buy the balance of the Trinidad concession in Cuba.The vendor, Panama-based MinAmerica, has agreed to sell its 30% interest in the concession to Cabo in an…
The Lluvia de Oro gold mine, wholly owned by Great Lakes Minerals (GKM-T), attained planned production levels in December 1996.The mine, situated in Mexico’s Sonora state, yielded 2,081 oz. gold that …
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