1997

The Arequipa region of southern Peru has attracted the attention of Cambiex Exploration (CBX-T), the exploration arm of parent company and majority shareholder Cambior (CMH-T).Cambiex recently signed …

Major General Resources (MGJ-V) is set to begin drilling on the Olympic copper property, situated north of Dawson City, Y.T.The program will test a series of chargeability zones hosted in an iron-rich…

Blaming a change in market sentiment for gold, Eldorado Gold (eld-t) has opted not to proceed with the proposed US$193.6-million acquisition of two operating gold mines and nine exploration projects i…

A licence issued by the Yukon Water Board will enable United Keno Hill Mines (UKH-T) to move forward with plans to resume production at its namesake silver-lead-zinc mine there.The permit has been for…

Stroud Resources (SDR-T) has signed a $3-million deal with privately owned Wabana Explorations to acquire the Leckie gold project, near Temagami, in northern Ontario.Wabana must make initial payments …

Low gold prices have derailed plans by Echo Bay Mines (ECO-T) to construct two new gold mines — Paredones Amarillos in Mexico and Aquarius in Canada — and develop the Ulu gold project in Canada’s No…

A buoyant zinc market has induced Cominco (CLT-T) to consider reopening the Sa Dena Hes zinc-lead mine, 45 km north of Watson Lake in southeastern Yukon.The mine was closed in December 1992 as a resul…

The exploration program at the Stenpad concession in Ghana is continuing following a technical audit that concluded earlier trench sample assays were “unreliable.”Golden Rule Resources (gnu-t) and Hix…

Thanks to higher copper and zinc prices, as well as drops in both cash costs and exploration expenditures, Inmet Mining (IMN-T) was able to post a profit for the second quarter.For the three months en…