Through the recent purchase of 2.3 million shares, Echo Bay Mines (TSE) exercised its right to maintain its 15.7% equity interest in TVI Pacific (ASE).TVI is currently exploring and developing more th…
A share consolidation and name change for Kalimantan Gold (CDN) sets the stage for the company to step up the pace of work on its mineral properties on the Indonesian island of Kalimantan.Through a wh…
Quebec explorer Virginia Gold Mines (ME) has signed an agreement with a private company to acquire the Lamprung property on the Indonesian island of Sumatra.The exploration permit, which covers 20 sq….
A recent editorial dealt with the subject of map-staking and the current attention being given to it in Manitoba (T.N.M., March 25/96).In our efforts to make Manitoba the most attractive province in C…
A decade of exploration and development work has enabled Newmont Gold (NYSE) to open its first mine in Southeast Asia, and have a second waiting in the wings.During the first quarter of this year, the…
The North Shore Exploration Summit will be held June 6-8 at L’Abri Educational Centre in Port-Cartier, Que.The summit, which will focus on the mineral potential of the region, is being sponsored by th…
The latest results of drilling between levels 4000 and 5000 at the Copper Rand mine in Chibougamau, Que., are exceeding the expectations of mine owner MSV Resources (TSE).High-grade results include a …
Investment in the Beaufor gold mine near Val d’Or, Que., has paid off for Louvem Mines (TSE), which made a slight profit in the first quarter.The company earned $16,808 (nil per share) on revenue of $…
What is past is prologue. — William ShakespeareChances are the Bard never had to write an annual report, yet the above aphorism serves as a reasonable explanation as to why this most widely read of f…
A 70% interest in 6% of production from a gold project appears to be slim pickings, but not when the deal involves the multi-million-ounce Busang gold deposit in East Kalimantan, Indonesia.Earlier thi…
By mid-June, drills will be turning at the Minaspamba gold project in northern Peru, reports property owner Oroperu Resources (CDN).The program will explore a brecciated, mineralized zone exposed over…
T. Haddon appointed president and chief executive officer.
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