Partners War Eagle Mining (VSE) and Great Western Gold (VSE) have discovered three diamondiferous kimberlite pipes on their 50-50 joint venture near Candle Lake, north of Fort a la Corne, Sask. The dr…
There are about three hundred economists in the world who are against gold, and they think that gold is a barbarous relic — and they might be right. Unfortunately, there are three billion inhabitants…
A gold discovery by Adrian Resources (TSE) is enhancing the overall mineral potential of the company’s land package in Panama. The discovery was made on La Petaquilla, a property which already hosts a…
Owing to a full year’s output from the Hope Brook mine in southwestern Newfoundland, Royal Oak Mines (TSE) produced 13% more gold in 1993 than in 1992. The company turned out 276,320 oz. from its thre…
The chief executive officer of Deak Resources, Alex Perron, received a gift from Nova Scotia at the recent PDAC convention in Toronto. The gift is a hand-painted 18-inch china plate edged with 24-cara…
Recent drilling has left San Fernando Mining (VSE) confident that it can prove up a significant gold-silver-copper deposit on its La Fortuna mine project in Mexico. The road-accessible property is in …
Having just negotiated a private placement of one million special warrants in February, Gold Reserve (TSE) reports that the underwriters have exercised their option for an additional million special w…
It was another bleak year for Northgate Exploration (TSE). The company reported an unaudited loss for fiscal 1993 of $7.5 million or 26 cents per share, compared with a loss of $8.3 million or 30 cent…
Dr. Felix Kaminsky, director of the Moscow-based Institute of Diamonds, is justifiably proud of the diamond expertise established by Russian scientists during the latter half of this century. In the p…
Despite a positive feasibility study on the Almaden gold deposit in western Idaho, Amax Gold (NYSE) has decided not to participate in its development. The company had the option of earning a 65% inter…
Producer Hemlo Gold Mines (TSE) has started drilling on the Sagar-III property in the Labrador Trough region of northeastern Quebec. The company hopes to identify the source of gold- and uranium-rich …
The metals and minerals sub-index of The Bank of Nova Scotia’s commodity price index rose again in January alongside firmer prices for base metals, gold and potash. Aluminum prices strengthened dramat…
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