News


OK Tedi compensation agreement signed

The government of Papua New Guinea and its partners in the Ok Tedi copper-gold mine have signed a compensation agreement aimed at ending a claim for environmental damages launched by local landowners….


Senate spares Bureau of Mines

The U.S. Bureau of Mines received a vote of confidence when the Senate approved US$128 million for continued operation of the agency in its Department of Interior appropriations bill.In July, the Hous…


Akiko’s drilling expands New Burgin deposit

Drilling on the New Burgin deposit in the Tintic region of Utah is expanding the known deposit.Akiko Gold Resources (VSE) is earning a half interest in the property from Chief Consolidated Mining (NAS…


Gold funds (August 28, 1995)

Gold Funds as of August 22BGRCentralNet Value$18.01$6.73Price$14.50$6.50Discount19.47%3.4%Value$140,780,000$117,645,450…




Geophysics start in Costa Rica

Airborne geophysical surveys are under way on Costa Rican properties held by Barrick Gold (TSE), Lyon Lake Mines (ME) and Placer Dome (TSE).The three companies hold adjacent ground in the Sarapiqui be…


Birim drills on Ghanaian prospect

Reverse-circulation drilling will commence at the Dunkwa gold property in the Obuasi gold belt of Ghana.Birim Goldfields (CDN) has contracted an initial 2,000 metres of testing on the Mampon occurrenc…



Windy Craggy settlement prompts Kemess development

The British Columbia government and Geddes Resources (TSE) have resurrected a compensation agreement for the 1993 expropriation of the Windy Craggy copper deposit in the northwestern corner of the pro…


Editorial Page — Decision time at Port Hope

During the past eight years, the Canadian government has spent at least $21 million of taxpayers’ money to find a suitable location for storing low-level, radioactive waste generated from the Eldorado…


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