Jerritt Canyon Opertations


Largest gold producer to get bigger

An agreement-in-principle sets the stage for Anglogold (AU-N) to acquire the gold assets of Minorco (MNRCY-Q).The South African major offered Minorco US$550 million in cash for its interests in five o…


Independence options Buckhorn South

Independence Mining has exercised an option with Royal Gold (RGLD-Q) for the Buckhorn South property in Eureka Cty., Nev.Independence, a wholly owned subsidiary of Luxembourg-based Minorco (MNRCY-Q), …


Meridian gives green light to El Penon

On the heels of a new discovery at the El Penon project in northern Chile, Meridian Gold (MDG-N) has decided to proceed with development of a combined open-pit/underground mine.The Reno, Nev.-based co…



Independence options Nevada property

Independence Mining has optioned the Buckhorn South project in eastern Nevada from Royal Gold (RGLD-Q) in return for an interest in two of the former’s properties.Independence has agreed to spend at l…




NEVADA SPECIAL — Turnaround at Jerritt Canyon

The chairman of Minorco told shareholders at the annual meeting that a year of restructuring has resulted in a turnaround at the Jerritt Canyon gold mine in Nevada.In March 1990, Minorca acquired Inde…


FMC Gold slips in first quarter

A decline in production resulted in a first-quarter loss for FMC Gold (NYSE).The closure of the Royal Mountain King mill, combined with a slowdown in heap leaching at the Paradise Peak mine in Nevada,…


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