By acquiring an interest in two junior Australian companies, Teck (TEK-T) has expanded its gold exploration efforts.The company has gained a 15% stake in Camelot Resources by purchasing 21.5 million o…
With all key permits and approvals in hand, construction of the Daisy gold mine in Nevada is well under way and startup is projected for early 1997.Inter-Rock Gold (IRO-T) owns 65% of the operation, w…
Newly listed Oro Nevada Resources (ONV-A) has raised $40 million to acquire, explore, develop and mine properties situated on Nevada’s Battle Mountain and Carlin trends.While this size of exploration …
Judging from his letter, which appeared in your Aug. 19 issue (“Ottawa may be setting a dangerous precedent”), Chris O’Brien is an environmental activist la carte. He knows as much about fish as I do …
The outlook for the Santa Anna gold deposit in northwestern Quebec looks increasingly rosy as drilling continues.Altavista Mines (AIA-M), owner of the project, recently hit 111 intersections grading m…
Juniors Highwood Resources (HWD-T) and Mountain Minerals (MIM-T) are merging to create a company specializing in industrial minerals and specialty metals.As a result of the merger, shareholders of Mou…
The initial feasibility study for Asia Pacific Potash’s (APQ-T) Somboon Field deposit in Thailand has been submitted.Situated on a 2,333-sq.-km concession in the northeastern part of the country, Somb…
Wednesday, August 28, 1996Price (US)Week’s ChangeGold*$388.65+ $1.20Silver*$ 5.21…
Warren Holmes is president and general manager of Falconbridge’s Canadian nickel operations and former president of the Ontario Mining Association. He has written this article at the request of Keep M…
Underground development at the Eagle River mine near Wawa, Ont., has established sufficient reserves to replace 1996 production completely.Calling the underground drill program mine “very rewarding,” …
A recent financing initiated by Etruscan Enterprises (EET-V) is expected to provide proceeds of $7 million for exploration programs at the company’s gold properties in Niger.The company plans to use a…
Ongoing drilling at Green Bay, Nfld., has uncovered extensive gold mineralization within the Orion zone, reports Major General Resources (MGJ-V).Major General hopes to find enough gold at Orion to sup…
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