News


Rogi focuses on two Quebec properties

Two Quebec properties owned by Rogi Exploration (ME) will see work programs totalling $350,000 performed on them this year as part of separate deals with Freewest Resources and Aur Resources (TSE). Au…


Noranda takes on California project

A unit of Hemlo Gold Mines (TSE) recently signed an agreement with Golden Queen Mining (TSE) enabling it to earn up to a 50% interest in the company’s Soledad Mountain gold property in Kern Cty., Cali…


Chutine placement for Mexico project

Toronto-based Chutine Resources (VSE) recently entered into two private placement agreements to raise $2.4 million for exploration on a 7,000-acre gold/copper property in Mexico’s Sonora Province. The…


Tangier expenses put Coxheath in the red

Attempts to bring their Tangier mine in Nova Scotia back into production have cost Coxheath Gold Holdings (TSE) dearly, sending the company deep into the red for the year ended Sept. 30. Coxheath repo…


I.F.C. cancels funds for Ecuador dredging

Disappointing returns from bucket-line dredging at the Los Lilenes alluvial gold operation in Ecuador have prompted the International Finance Corp. (an affiliate of the World Bank) to cancel its finan…


Placer Dome, Athena enter joint venture

After a number of deadline extensions, Placer U.S., a unit of Placer Dome (TSE), has agreed to enter into a joint venture with Athena Gold (VSE) on the Talapoosa property in western Nevada. The agreem…


Aurizon reports loss for 1989

Revenue from gold and silver sales and custom milling charges totalled almost $14.9 million, Aurizon Mines (TSE) reports for 1989, its first full year of operation. The Hughes-Lang Co., formed in Augu…


Douay Twp. drilling

Operator Inco (TSE) and its two partners at the Douay gold project in Quebec’s Casa Berardi region recently released more encouraging drilling results from nine holes of a 17-hole program. Among the b…


Sikaman, partners near production at Ghana project

Construction of facilities at the Bogosu gold project in Ghana, West Africa, is on schedule for a plant commissioning in September, shareholders of Sikaman Gold Resources (TSE) were told at the compan…


Golden Giant mine focus of lawsuit

Another lawsuit has emerged over the Hemlo gold camp in northern Ontario. Ozias Theriault and three other prospectors have filed a statement of claim in the Supreme Court of Ontario seeking to de- reg…


Kachmar resigns Dickenson post

The president of Dickenson Mines (TSE), John Kachmar, resigned his position at the company annual meeting. Kachmar, who had been with the company for nine years, including the past four years as presi…


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