With the Cheni gold project now in production, Vancouver-based Energex Minerals (TSE) has the most advanced exploration project in the Toodoggone area north of Smithers, B.C. But a decision on a combi…
Several high grade gold discoveries were made by operator Levon Resources (TSE) during recent underground work on the Congress project located near Gold Bridge, B.C. The project is a 50/50 joint ventu…
A concerted effort by the Federal Reserve Board in the U.S. to keep a firm lid on inflation is taking its toll on equities and gold bullion — the latter a traditional inflation hedge. Rising interest…
Underground exploration work by Newfields Minerals (TSE) in the Kirkland Lake, Ont., area has been placed on hold pending further financing. The company is negotiating a private placement out of New Y…
The first of Indonesia’s new wave of gold mines has begun production in Central Kalimantan, and an Australian shareholder — lauding Indonesia’s investment climate — expects to recoup a $13.1-million…
A $6.5-million underground exploration program being conducted by Inco Gold, a wholly- owned affiliate of Inco Ltd. (TSE), on the former producing Snow Lake gold mine is yielding excellent results. Dr…
Homestake Mining Co. (NYSE) reports fourth quarter net income of $15.8 million(US) or 16 cents per share on revenue of $125.7 million. For the same pe riod a year earlier the company reported net inc…
Following a period of inactivity, volumes picked up again this week and a number of issues made significant progress. Large blocks of the Bitech Energy Resources, Casamiro Resources and Pelham Gold is…
A significant increase in reserves at the Shoal Lake gold property west of Kenora, Ont., has been reported by Kenora Prospectors & Miners (COATS). According to KPM, a recently completed 13,129-ft dril…
Described by the company as “one of the highest profile zinc deposits in Canada,” the Tulsequah Chief property of Cominco Ltd. (TSE) in northwestern British Columbia will be the subject of a major exp…
A substantial increase in gold production from seven North American mines made 1988 an extremely lucrative year for Toronto-based American Barrick Resources (TSE). As a result of development at the Go…
The largest exploration program in the Adams Plateau area will be initiated by Minnova Inc. (TSE) whose Samatosum copper-lead- zinc deposit is scheduled for production later this year. The Minnova pro…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.