With a new mining law and a geological setting similar to that which hosts most of the major copper and precious metal deposits in northern Chile, Argentina is being touted as South America’s “last mi…
The Red Mountain gold-silver project near Stewart, B.C., is the best prospect in Canada for Lac Minerals (TSE), according to Michael Bates of Lac North America. The project was the scene of considerab…
The Ontario Securities Commission has issued a receipt for a final prospectus of 8 million special warrants of Minera Rayrock (TSE). Proceeds from the sale will be about $20 million, which Minera will…
Financing for the Nixon Fork gold project in west-central Alaska is close at hand. Consolidated Nevada Goldfields (NASDAQ) plans to offer a private placement of up to $25 million in convertible debent…
Drilling by Roycefield Resources (ASE) on the Central zone of the Beaver Brook antimony-gold prospect in central Newfoundland has delineated reserves of 134,000 tons averaging 5.76% antimony and minor…
Long known as one of the world’s leading emerald producers, Colombia is now emerging as a location for renewed gold exploration. This is due to two factors: one is that little of the country has been …
Cyprus Climax Metals, a wholly owned subsidiary of Cyprus Amax Minerals (NYSE), has acquired 91.5% of a government-owned company which operates a copper mine in Peru. The 20-year-old Cerro Verde mine …
Toronto-listed Minefinders has optioned from Equinox Resources (TSE) a 51% interest in each of five gold properties in the western U.S. Four properties are in north-central Nevada and encompass 3,800 …
The current interest in South America’s gold potential owes much to the pioneering activities of Golden Star Resources (TSE) at at time when foreign projects were usually discounted by investment anal…
The British Columbia government has awarded a mine development certificate to Prime Resources Group (TSE) for its Eskay Creek gold project 80 air-km north of Stewart. The project was given a full tech…
To finance exploration of its holdings in the Philippines, TVI Copper (ASE) will issue 3.75 million special warrants at 80 cents each for gross proceeds of $3 million. Yorkton Securities will act as t…
At times, it seems as if practically the whole of the Canadian exploration fraternity has packed its bags for Chile or Mexico or Peru or some other distant land. But in spite of the serious barriers e…
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