Montreal-based Acabit Exploration (ACX-M) is preparing to drill its extensive portfolio of prospecting licences on the Solomon Islands.In April, the junior acquired 12 licences on the island group, wh…
Diamond-producer Redaurum (RRK-T) has acquired exclusive prospecting rights to ground adjacent to the producing Orapa diamond mine of De Beers Consolidated Mines in Botswana.The company was granted a …
Exploration and development of reserves at the Pimenton gold mine in Chile is progressing well, reports 56% owner South American Gold & Copper (SAG-T).Comprising 2,660 ha, the property lies 215 km nor…
A 4-company joint venture, involving Guyanor Ressources (GRL.B-T), Golden Star Resources (GSC-T), Cambior (CBJ-T) and Cambiex Exploration (CBX-T), is encouraged by results from the first phase of core…
Newmont Gold (NGC-N) has bought the remaining 25% interest in the Tess gold property from a unit of Quest International (QIX-T).The major paid US$6.25 million for the interest, thereby boosting its ow…
As part of a “strategic alliance” with Minefinders (MFL-V), Echo Bay Mines (ECO-T) has been granted the right to earn a 60% interest in the junior’s Dolores gold property in Mexico’s Chihuahua state.A…
Ongoing drilling by Triton Mining (TTM-T) is testing the resource potential of the Santa Emilia vein targets identified last year at the Limon mine complex in Nicaragua.Based on more than three months…
Drilling on its Lo Increible property in Venezuela, El Callao Mining (ECM-V) (in which Bema Gold [BGO-T] holds a 50.4% interest) has extended one of its gold deposits downdip.Strong gold grades have b…
The Escobar gold project of Santa Cruz Gold (SCG-T), site of an underground mine that closed in the 1960s, is once again displaying potential for gold production.Santa Cruz is seeking to develop an ep…
Southeast Asia continues to attract mining companies from around the world, and its already-proven deposits and potential will be the focus of the second annual Southeast Asian Mining Conference and E…
Short positions outstanding at August 15, 1996Larger individual positions included: Barrick Gold 9,590,168; Agnico-Eagle 185,118; Asia Pacific 101,300; Anvil Range Mining 465,600; Anderson Exploration…
Although it is not likely to rival the world’s top gold producers in South Africa and the U.S., a small, high-grade mine is about to put Scotland on the producers’ map.Situated near the town of Tyndru…
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