World uranium production declined by almost 8% during 1993, to 85.3 million lb. equivalent U308. While production in most countries remained relatively stable, major decreases were recorded by the Cze…
Two directors of Starmin Mining (TSE) exercised options and sold shares in February. According to the Ontario Securities Commission’s OSC Bulletin, director Richard Brissenden exercised 50,000 options…
Surface drilling is under way on the San Bartolome mine property in Ecuador. Ag Armeno Mines & Resources (VSE) plans an initial 10,000 ft. of drilling, including 25 holes to test to the west and north…
Diamond drillers have started work on El Sultan, a gold project in Zacatecas state in central Mexico. Francisco Gold (VSE) hopes to identify a Carlin-type, limestone-hosted, disseminated, oxide orebod…
Pilot leach tests are continuing at the Cieneguita gold property in southwest Chihuahua state, Mexico. Glamis Gold (TSE) can earn a 60% interest from Aquiline Resources (VSE) by carrying out a feasibi…
Armada Gold, an Alberta-listed company with one of the more advanced projects in Russia, continues to nudge its tailings property toward a production decision. Currently, the company is building a 400…
Organized workers at the Golden Giant mine of Hemlo Gold Mines (TSE) have voted 70% in favor of accepting a first collective agreement. The agreement, covering 223 employees affiliated with the United…
A feasibility study of the Pend Oreille base metal mine in Washington state concludes that RFC Resource Finance (TSE) can profitably develop the Yellowhead zone at a zinc price of US55 per lb. Diluted…
More encouraging results have been reported from the Victoria Lake gold project near Larder Lake, Ont. So far, Sudbury Contact (TSE) has drilled 18 holes, totaling 20,642 ft., and the work has confirm…
The Canadian Diamond Drilling Association (CDDA) is considering changing its name to better reflect the drilling industry as a whole. A motion was put forward at the annual general meeting in Montreal…
In a private placement, Exroy Resources (CDN) will issue 750,000 treasury common shares at 20 cents each and warrants exercisable for a 2-year period at 20 cents, for an additional 250,000 treasury co…
A private placement in La Esperanza Gold Explorations gives Aurizon Mines (VSE) added exposure to Mexico. The placement includes 200,000 shares at 50 cents and represents an initial 28% interest in th…
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