Investor interest in juniors exploring in Venezuela has, of late, taken a 180-degree turn for the worse. Gone is the euphoria that surrounded the exploration initiative there a year ago. The cause of …
Founded in 1991, Vancouver-based Triton Mining (TSE) is an emerging gold producer in Central America, and also holds several joint-venture exploration projects in South America. Last year in Nicaragua…
Spokane-based Pegasus Gold (TSE) has agreed to a 50-50 joint venture arrangement with Goldbelt Resources (VSE) on the Kazgold tailings project in Kazakhstan. Formerly known as the Leninogorsk project,…
Exploration work at the Paredones Amarillos gold project in Baja California Sur, Mexico, is proceeding at full speed. As of the end of 1994, Echo Bay Mines (TSE) had spent US$3.3 million on the proper…
Two holes drilled at the Bend massive sulphide deposit in Taylor County, Wisc., have yielded encouraging copper and gold values for partners Sharpe Energy & Resources (VSE) and Freewest Resources (TSE…
Mining fatalities in the U.S. in 1994 fell to a record low of 84, with 44 fatalities in coal mining and 40 deaths in metal/non-metal mining, according to preliminary Mine Safety and Health Administrat…
Copper prices in 1995 should “exceed the all-time high,” says metals trader Rudolf Wolff & Co. in its Winter Copper Outlook for 1995. The president of Rudolf Wolff in North America, Mo Ahmadzadeh, say…
A letter of intent has been signed between La Serena Copper-Gold S.A. and Regeena Resources (VSE), which allows the latter to obtain an option to earn a 70% interest in La Cucaracha, a copper-gold pro…
Underground exploration at Breakwater Resources’ (TSE) El Mochito mine in Honduras has led to a 24% boost in minable reserves. Drilling of the five active mining zones in the second half of 1994 resul…
Devaluing the peso last December was the least costly course of action, according to Mexican President Ernesto Zedillo. Had he not opted for devaluation, the government would have had to decree a susp…
Newmont Gold has been building a refractory ore treatment plant, or roaster, in conjunction with its existing milling facilities in Nevada. It is part of Newmont’s expansion, which includes deepening …
A recent private placement by Aurizon Mines (TSE) is expected to provide funds for Aurex Resources (TSE) to expand production at the Cobrex mine and for general working capital. Aurizon is a major sha…
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