News

Encouraged by results from a recently completed surface exploration program, Teck (TSE) has informed Stratabound Minerals (ASE) that it will exercise its option to purchase 43,750 shares of Strataboun…

First feed for the mill at the new open-pit Omai gold mine in Guyana was received Dec. 15, owners Cambior (TSE) and Golden Star Resources (TSE) report. Tonnage milled will be increased progressively a…

World trade in metals continues to be disorderly. Potential mining properties are being placed on hold because of declining markets and onerous government approval regulations. Returns on existing pro…

With a 1,200-ton-per-day mill almost ready to turn over and two million tons of ore reserves, San Andreas Resources (VSE) could have a mine operating at the Prairie Creek mine project in the Northwest…

Praveen Varshney appointed president and director; Hari Varshney and Raj Chowdhry appointed directors.

Praveen Varshney appointed president.

Gerard Drummond elected chief executive officer; William Glasgow elected senior vice-president; Lawrence Heiner elected president and chief executive officer.

Randy Turner appointed director.

Hari Varshney, Praveen Varshney and Raj Chowdhry appointed directors.

Lawrence Barr appointed director.

Anthony Cohen appointed president and director; Diane Travnik appointed director.

Exploration is scheduled to begin on Allegheny Mines’ (ASE) 47-claim Atiko-Sapawe Gold Mines property, 20 miles east of Atikokan, Ont., in 1993. Working with a new structural interpretation of the pro…