Chesbar drills at La Salle
Chesbar Resources (CBI-M) has completed a major round of diamond drilling at its La Salle I gold property on the company’s Anacoco IV concession in Venezuela’s Bolivar state.The 41-hole, 5,000-metre p…
Barrick Gold Corporation
Companies (April 20, 1998)
Almaden ResourcesAmax GoldAnzex ResourcesArchangel DiamondAshton Mining of CanadaAsia Pacific ResourcesAvminBarrick GoldBattle Mountain GoldBema GoldBHP MineralsInternationalBirim GoldfieldsBlack Hawk…
Rayrock moves to swallow Minera
Rayrock Yellowknife Resources (RAY-T) is expected to succeed in a bid to take over Minera Rayrock (MRN-T), in which it currently owns a 37.5% interest (19.1 million shares).Rayrock, a Toronto-based go…
Companies (April 13, 1998)
Adex MiningAmerica Mineral FieldsAnglo AmericanAsia Pacific ResourcesAurizon MinesAvalon VenturesBand-Ore ResourcesBanro ResourceBarrick GoldBattle Mountain GoldBlue Desert MiningCaledonia MiningCambi…
LATIN AMERICA — Inca Pacific zeroes in on copper-gold prospects in Peru — Targets in Cajamarca and Ancash deemed promising
With its eye on the copper and gold exploration potential of Peru, Inca Pacific Resources (IP-V) has, over the past five years, amassed a substantial portfolio of properties in the most promising meta…
LATIN AMERICA — Legal disputes upstage Latin American mining convention — Massive sulphide projects in Mexico attract attention
A year ago, delegates attending the Investing in the Americas conference in this popular tourist destination were reeling from reports that Bre-X Minerals had little, if any, gold at its Busang projec…
LATIN AMERICA — Legal reforms put Brazil on mining fast track
Although Brazil is touted as the most geologically diverse and prospective mineral region in Latin America, it has only recently begun to attract the foreign investment necessary to elevate it what go…
STOCK MARKET — TSE soars to record highs while gold and base metals drop — Platinum and palladium bounce back, base metals hold their ground
The Toronto Stock Exchange 300 composite index hit record numbers once again, ending the report period of March 25-31 at 7,551.23, for a gain of 7.27 points from the previous week.The week was stimula…
Triton struggles through 1997
Increased gold production and revenue were not enough to keep Triton Mining (TTM-T) out of the red for the year ended Dec. 31, 1997.Output at El Limon in Nicaragua, Triton’s only producing mine, jumpe…
Franco buys Stillwater royalty from Johns Manville
In the biggest acquisition in company history, Franco-Nevada Mining (FN-T) purchased Johns Manville’s last remaining royalty interest in the Stillwater platinum-palladium mine in Montana.The Toronto-b…
Bre-X action names Barrick
Claiming that Barrick Gold (ABX-T) knew as early as October 1996 that Bre-X Minerals’ Busang gold deposit was a hoax, lawyers representing shareholders in a class-action suit have named the gold produ…
LATIN AMERICA — MacMillan outlines gold targets in Peru
A program of geological mapping and geochemical sampling has yielded encouraging results for MacMillan Gold (MMG-T) at the Armonia epithermal gold project near Lima, Peru.The property hosts extensive …