With a positive feasibility study in hand, management of Cornucopia Resources (TSE) is aiming to bring its Mineral Ridge gold project into production by the first quarter of 1997.The project is situat…
A property evaluation has prompted MK Gold (NASDAQ) to write off a portion of its investment in the Jerooy gold project in Kyrghyzstan.The company will record a charge for the quarter ended Dec. 31, 1…
In December, 1995, the federal Standing Committee on Natural Resources tabled an interim report which examined mining issues and made specific recommendations to government. The committee was chaired …
Barrick Gold (TSE) can earn a 60% interest in CDN-listed Oroperu Resources’ El Toro gold project in north-central Peru.Situated in the Huamachuco gold district, the 12,590-hectare project is the junio…
The Society of Exploration Geophysicists has awarded its Maurice Ewing Gold Medal to geophysicist Harold Seigel, chairman of geophysical instrument manufacturer Scintrex.Seigel was cited “for his pion…
A newly formed junior company will explore the Darnley Bay gravity anomaly, on the Arctic coast, 250 miles east of Inuvik, N.W.T.Darnley Bay Resources has secured the exclusive right to explore a land…
Production permits are in hand for the Mt. Nansen gold-silver project in the central Yukon, reports BYG Natural Resources (TSE).The Department of Indian Affairs & Northern Development has recommended …
At the San Gregorio gold project in northern Uruguay, American Resource (NASDAQ) has encountered a new zone of mineralization.The structure was intercepted in the footwall of the San Gregorio shear zo…
The Beaufor mine, near Val d’Or, Que., has begun churning out the yellow metal.Equal partners Aurizon Mines (TSE) and Louvem Mines (TSE) commenced production in early January. The miners’ changeroom a…
Drill results from the Microonda epithermal gold property in Argentina are proving consistently encouraging for Yamana Resources (TSE) and Noranda Mining & Exploration (a unit of Toronto-listed Norand…
With an option on the Pilar gold property in Mexico now in place, Santa Catalina Mining (VSE) is making exploration plans.The property lies 177 km southwest of Hermosillo in Sonora state, and Santa Ca…
The latest update on the gold market by Gold Fields Mineral Services indicates that new records were established in 1995.On the demand side, fabrication and bar-hoarding accounted for some 3,550 tonne…
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