Chicago-based jewelry manufacturer IWI Holdings (NASDAQ) intends to purchase, on an annual basis, between 100,000 and 500,000 carats of commercial-grade sapphires from Montana-based American Gem (TSE)…
One of three asbestos mines operated by LAB Chrysotile in eastern Quebec will be closed. The BC-Beaver unit has, of late, been unable to produce asbestos at competitive prices, which led to a decision…
The exploration division of Noranda (TSE) has completed a 4-hole, 5,000-ft. drill program on the Dileo Lake base metal property north of Chibougamau, Que. Although none of the holes returned significa…
A development agreement for the Douay West gold deposit, 20 km southwest of Joutel, Que., is expected to lead to production within four years. Property owner Societe exploration miniere Vior (ME) has …
The in situ geological resource at the Red Chris project in north-central British Columbia is now estimated at 100.1 million tonnes grading 0.58% copper and 0.46 grams gold per tonne. American Bullion…
Despite a rock slide at its Twin Creeks mine in Nevada last December, Santa Fe Pacific Gold (NYSE) saw its overall earnings, reserves and production increase in 1994. The company earned US$56.7 millio…
Independent consultants estimate the Bibiani project in Ghana contains 1.8 million oz. gold, which includes measured and indicated resources from tailings, surface mine waste and the Main zone. Toront…
Considering his surname and the fact that he majored in geology in his native England, it seemed only natural that M.J. Bullion would migrate to the booming gold camp of Porcupine in northern Ontario …
The name of Robert Friedland is mud in Colorado, where he will be forever linked to that mine from hell: Summitville. Even in mining circles, where a few words of admiration are grudgingly doled out f…
Partners Sharpe Energy and Resources (VSE) and Freewest Resources Canada (TSE) have received additional drill results from their Wisconsin massive sulphide program. The two companies are earning a 60%…
A privately owned Mexican company, Recursos Cruz del Sur, has confirmed that gold values exist on its Esperanza property near Mexico City. Selected rock chip samples have returned up to 12.1 grams per…
International consulting firm Behre Dolbear & Company has signed a 5-month contract with Bolivian state-owned mining enterprise COMIBOL for technical and economic evaluation services. The services con…
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