The mystery company previously reported to be eyeing five Peruvian prospects held by Arequipa Resources (VSE) has turned out to be none other than Phelps Dodge (NYSE), one of the world’s largest coppe…
The property assets of Peruvian Gold (VSE) in southern Peru have grown to cover 60,000 hectares. The Vancouver-based company lists leases covering four mineralized porphyries — Agua Verde, Zapanyoque…
The Chilean subsidiary of Northgate Exploration (TSE) will allow a Chilean company to explore the sulphide zones of the Choquelimpie gold property. Quilacoyan S.A. can earn a 50% interest in the prope…
Drilling is in progress on the Seri copper-gold property near Hermosillo in Mexico’s Sonora state. To date, Blue Ribbon Resources (VSE) has drilled six holes to test an area measuring 200 by 250 metre…
Three factors lent strength to Wharf Resources’ (TSE) performance in 1994: a higher realized gold price; an increase in the amount of gold sold; and a US$1-million premium earned on advances from the …
As a result of security problems in gaining access to mineral claims, a subsidiary of Golden Star Resources (TSE) has temporarily suspended most of its activities in Sierra Leone, West Africa. Pan Afr…
Extraction of mineralized rock from a stope (51-04-00) along the A vein at the Bourlamaque-Nord gold project led to the discovery of a large pocket of quartz-tourmaline-chalcopyrite, close to the gran…
Now that a border dispute between Ecuador and Peru is settled, drilling is expected to begin on the Peruvian Las Lomas porphyry copper-gold property. The US$300,000, first-phase program will be operat…
Spun off to the public through an initial offering in 1987, Cominco Resources International (TSE) will come full-circle if a proposal to merge with parent company Cominco Ltd. (TSE) is acted upon. Com…
Exploration activity has led to an 18% increase in reserves and resources at the Lady Lina gold property in Zimbabwe. Antares Mining & Exploration (TSE) reports that proven and probable reserves now s…
More than six years ago, junior company Bema Gold (TSE) headed off to Chile to take on a gold project which would enable it to make the transition from a small, 20,000-oz.-per-year producer to one tha…
In 1979, Nicaragua’s triumphant Sandinista revolutionary government nationalized all foreign mining operations in the country. Once again, foreign mining interests had been swept away by the turbulenc…
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