(The following is the second weekly instalment of a 3-part story.) Philip Arnold and Edward Slack told everyone that they had had bad luck and had taken a new river route to reach the diamond fields a…
A decision to sell Eskay Creek ore directly to smelters will benefit Prime Resources Group (VSE) in two respects. The company, which owns the high-grade gold project north of Stewart, B.C., can expect…
A feasibility study will be performed on the Venezuelan gold property known as Las Cristinas. Placer Dome (TSE), which owns 70% of the project, approved the US$13-million study. (The remaining interes…
Vancouver-listed Adrian Resources is drilling three properties in Panama, another Latin American nation that’s attracting renewed interest from mining companies because of its geological endowment and…
Toronto-listed International Skyline Gold has released a reserve estimate for its Bronson Slope property in northwestern British Columbia. Based on 2,855 ft. of drilling last fall, combined with 7,461…
Substantially increased gold production in 1993 helped Cambior (TSE) record its highest revenue since the company’s inception in 1986. Gold output rose 46% to 518,083 oz. last year and revenue was 50%…
China represents one of the last great frontiers for mining companies looking for global possibilities, says Metals Economics Group in China: Emerging Minerals Opportunities. The study cites three fac…
The Quartz Mountain project has been put on hold because of technical and permitting problems, compounded by a lower gold price than expected. The project, in southern Oregon, is owned 50-50 by Toront…
Exploration and development have resulted in increased reserves at the Kerr mine in northeastern Ontario. Past estimates of 2.2 million tons at 0.124 oz. gold per ton have been augmented by 459,000 to…
Junior Greater Lenora Resources (TSE) has cancelled plans to explore 237 sq. km near Aden, the capital of South Yemen. Instead, it has obtained an exploration licence for 73 sq. km in the west-central…
Development will soon begin on the Mariquita copper deposit in northwestern Mexico. A Mexican company held 49% by Cominco Resources International (TSE) and 51% by Empresas Frisco will acquire the depo…
By incorporating results from last year’s drill program, San Andreas Resources (VSE) has beefed up reserves at its Prairie Creek property. Situated west of Yellowknife, N.W.T., the deposit is now esti…
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