1996


Atlas eyes polymetallic producers in Bolivia

In hopes of regaining its producer status, Atlas (AZ-N) plans to buy four mines in Bolivia.The company signed a letter of intent to acquire Arisur, a joint venture company owned by Arimetco Internatio…


Juniors eye African copper-cobalt

Zaire ‘s copper and cobalt potential will be explored by two Canadian juniors in partnership with La Generale des Carrieres et des Mines (GECAMINES).As part of a preliminary agreement with Trillion Re…


BHP to manage Increible gold prospect in Venezuela

The Increible gold property of Bard Silver & Gold (BDS-V) is now being managed by Australian mining giant BHP Minerals, following the major ‘s agreement with Bard and Venezuela-based Greenwich Resourc…


Altai explores Philippine project

Junior Altai Resources (ATI-T) is testing the potential of the Mabulao copper-gold property in the past-producing Paracale gold camp, 200 km south of Manila in the Philippines.The camp has recorded pr…


Low copper prices force Similco closure

Once again, the Similco open-pit copper mine in southern British Columbia is forced to shut down as a result of weak copper prices.Princeton Mining (PMC-T) plans to suspend operations in December, thr…



Assay fiasco halts Gold Canyon

Trading in Gold Canyon Resources (GCU-T) was halted by the Vancouver Stock Exchange after it was learned that a laboratory erred in reporting assay results from the junior ‘s Springpole gold project i…


Saint Elena drilling results encourage CaribGold

Shallow drill-testing of the South Elena vein structure in Cuba has returned encouraging results, reports CaribGold Resources (CG-T).Although core recovery from the program was poor as a result of sur…


Red Lake strike hurts Goldcorp

The suspension of operations at the Red Lake gold mine in northwestern Ontario was responsible for a jump in cash production costs, Goldcorp (G-T) reports.The mine ‘s production for the second quarter…



ODDS’N’SODS — A close shave

In the winter of 1934-35, bush pilot Ted Stull, flying a Fairchild 7l aircraft, made regular runs to the Gods Lake and Island Lake gold mines, which were situated in north-eastern Manitoba.One day, in…


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