North options Nevada property
Australia’s North Mining can acquire a 51% stake in the Antone Canyon gold project in Nevada from Royal Standard Minerals (RSM-M). In return, the major is required to spend US$2 million and outline a …
Australia’s North Mining can acquire a 51% stake in the Antone Canyon gold project in Nevada from Royal Standard Minerals (RSM-M). In return, the major is required to spend US$2 million and outline a …
Gold producer Echo Bay Mines (ECO-X) intends to focus its limited exploration budget on North American projects viable at current low prices for the yellow metal.The strategy is aimed at acquiring ear…
Constructed at a cost of US$64.7 million, Homestake Mining’s (HM-N) Ruby Hill gold mine near Eureka, Nev., has become the century-old mining company’s lowest-cost operation.The new mine achieved comme…
Nevada mined 7.8 million oz. gold in 1997, which is 75% of all gold produced in the U.S. and nearly 10% of world production.Gold production in Nevada makes the U.S. the second leading gold producer in…
A leaner, trimmer Echo Bay Mines (ECO-X) has shaken itself off after a troubled year and set to work exploring its numerous North American mineral properties.The past year was marked by dramatic staff…
Leaving the swamps and black flies of the Canadian Shield behind, Boreal Exploration (BOR-M) has inked a deal with a private company to take over an advanced gold exploration property in west-central …
Gold mines belonging to Homestake Mining (HM-N) performed well in the first quarter, but not well enough to keep the company out of the red.Homestake reported a net income from operations of US$600,00…
Quebec-based Boreal Exploration (BOR-M) has signed an agreement with a private company to acquire the Gold Hill gold property in northern Nye Cty., Nev.The 1,200-ha property was the site of small-scal…
Echo Bay Mines (ECO-T) reported a substantial loss for the second quarter of 1997.The Denver-based company lost US$20.7 million during the 3-Month period ended June 30, compared with a loss of US$14.6…
Based on a recent letter agreement, Echo Bay Mines (ECU-T) will enter into an alliance with Fairmile Gold (FLA-A), a junior company exploring the Buffalo Valley property in Nevada.Fairmile’s property …
Nevada produced an estimated $3.2 billion in minerals (including petroleum and geothermal energy) in 1995, matching the record set in 1994.It produced 6.8 million oz. gold worth $2.6 billion in 1995, …
During the past year, Echo Bay Mines (ECO-T) has expanded both its portfolio of international mineral projects as well as its McCoy-Cove operation in Nevada, the company’s largest gold producer.The Ne…
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