Antares buys into Steppe’s Mizek project
Enticed by Kazakstan’s mineral potential, Antares Mining & Exploration (ANZ-T), has cast its net over a portion of the shares of Steppe Gold Resources (SPE-V). The latter firm operates the Mizek gold …
1998
FACTS ‘N’ FIGURES — Platinum’s wild ride not over
The erratic pattern of Russian platinum sales is likely to be the chief factor affecting the metal’s price in 1998, according to a report published by London-based metals trader Johnson Matthey.Accord…
Guyanor terminates Asarco joint ventures
By terminating joint-venture agreements with Asarco (AR-N), Guyanor Ressources (GRL.B-T) has regained control of two gold properties in French Guiana.Guyanor, which is 69% owned by Golden Star Resourc…
Orvana Minerals hits more good grades in Bolivia
Eight holes sunk by Orvana Minerals (ORV-T) as part of its ongoing feasibility study at the Don Mario deposit in Bolivia have turned up strong gold-copper mineralization.Six holes were drilled in the …
Crown Butte shareholders approve New World sale
Already old news, the once-promising New World gold project has taken another step on the road to oblivion.New World owner Crown Butte Resources (CBL-T) reports that its shareholders have approved the…
Sutton continues push at Kabanga nickel project
Sutton Resources (STT-V) and joint-venture partner Anglo American of South Africa are aggressively working to complete an initial mine feasibility review of their Kabanga nickel project in western Tan…
Newmont prevails in Yanacocha litigation
In a scene resembling the Stanley Cup finals or the World Series, Newmont Gold (NGC-N) has nudged out Paris-based Bureau de Recherches Geologiques Minieres (BRGM) in a best-of-seven series in the Peru…
NEVADA AND THE WESTERN STATES — Romarco plans to drill seven properties in Nevada
Romarco Minerals (R-T) is primed for a fast-paced summer exploration season, including drilling at seven Nevada gold properties.The company expects to spend $6 million on exploration this year, and it…
NEVADA AND THE WESTERN STATES — Alta begins building Olinghouse gold mine
Now that all the permits and funding are in hand, Alta Gold (ALTA-Q) has begun construction of the Olinghouse gold mine east of Reno, Nev.On May 8, the company received a record of decision from the U…
NEVADA AND THE WESTERN STATES — Low-cost Cortez mine leads Placer Dome’s pack
Although it produces gold at a multitude of operations strewn across four continents, Placer Dome(PDG-T) is mining the yellow metal most economically at the Cortez minein Nevada.Placer, as operator, h…
Dynacor Mines sees depth potential at Siscoe
Drilling by Dynacor Mines (DYN-M) has uncovered gold mineralization at depth at the company’s Siscoe project in Quebec’s Val d’Or camp.The $1.2-million, 13,000-metre drill program, which was launched …
NEVADA AND THE WESTERN STATES — European American completes acquisition
In the Battle Mountain trend of central Nevada, newcomer European American Resources (EPAR-O) has completed the acquisition of the Prospect Mountain project, adjacent to Homestake Mining’s Ruby Hill g…