Subscribing to the adage that the best place to look for gold is where it has already been found, Northern Crown Mines (VSE) is exploring the bulk-tonnage potential of the historic producing Guadalupe…
As part of a strategy to boost international exploration, Inco (TSE) has formed a “strategic alliance” with juniors Cornucopia Resources (TSE) and Carlin Resources (VSE) to develop base metal projects…
By signing two exploration permits, West African Mining Exploration (ME) will acquire a 75% interest in the mining concessions of Tambaga and Tindangou in southeastern Burkina Faso.The permits add 1,0…
Industrial minerals producer Mountain Minerals (TSE) will buy from Platinova A/S (TSE) a 25% interest in the Gardar project, otherwise known as Ilimaussag.Situated in South Greenland, the Ilimaussag c…
The Grouse Creek gold mine in central Idaho will continue to operate for at least one year while the Sunbeam open pit is mined out.The future of the mine had been in doubt since Hecla Mining (NYSE) an…
Those investors who like the Voisey’s Bay deposit in Labrador as much as Inco (TSE) can continue to invest in the project through “VBN” shares, which will be issued by Inco as part of its proposed tak…
Although the Murrin Murrin nickel-cobalt project near Lenora, Australia, is not expected to enter production until early 1998, other nickel producers are watching the project closely, as its processin…
Montreal-listed Noveder has signed option agreements involving three of its properties on the Baie Verte Peninsula in Newfoundland.Sulliden Exploration (ME) has acquired a half interest in the Long Po…
The Mexican unit of Phelps Dodge (NYSE) has signed an agreement to explore Corner Bay Minerals’ (TSE) Cerro Verde copper property in Mexico’s Sonora state.The target is a near-surface oxide copper dep…
Exploration of the Galaxy property, 15 km southwest of Kamloops, B.C., is in a holding pattern following the decision by Teck (TSE) to drop its option on the project.Getchell Resources (VSE) will reta…
First-quarter income improved only slightly for Barrick Gold (TSE) in 1996 as increased exploration and development expenditures took a bite out of higher revenues.The major reported a first-quarter i…
Surface drilling on the East Amphi property near Malartic, Que., continues to identify new gold-bearing structures for Placer Dome (TSE).The company can earn a 51% interest in the property from Breakw…
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