1998

General Minerals (GNM-T) has expanded the area of known mineralization at its Escalones copper porphyry target in Chile, and hit promising precious metal values at a new target in Peru.At Escalones, G…

In the biggest acquisition in company history, Franco-Nevada Mining (FN-T) purchased Johns Manville’s last remaining royalty interest in the Stillwater platinum-palladium mine in Montana.The Toronto-b…

Semafo (SMF-T) has released encouraging results from recent drilling at its Kaloum, Jean-Gobele and Lopal concessions in Guinea and Burkina Faso in western Africa.At the Kaloum/Mount Kakoulima concess…

Increased gold production for Vancouver-based Dayton Mining (DAY-T) was no match for higher costs and lower gold prices in 1997.Dayton’s wholly owned Andacollo open-pit gold mine in Chile produced 91,…

Sulliden Exploration (SUE-M) has upped its resource estimate for the Los Socavones epithermal gold zone on its 100%-owned Las Huaquillas property in northwestern Peru.The new estimate pegs Los Socavon…

Lower cash costs at several of its operations were not sufficient to prevent TVX Gold (TVX-T) from reporting a loss of US$50 million (or 36cents per share) for 1997.The medium-tier producer reduced to…

Expectations are running high at the Piedras Verdes project in Mexico’s Chihuahua state, where Sand River Resources (SRIV-C) is embarking on a 1,500- to 2,000-metre program of diamond drilling.The Van…

Best known for its copper and gold projects in Kazakstan, Ursa Major International (URS-T) has come home to acquire a 12.6% stake in Patricia Mines (PAT-V), owner of the Island Gold project situated 5…

However obsolete prospectors may seem to bureaucrats in several provincial mines departments, those in northwestern Quebec persist in turning up new mineralization to drill.Nuinsco Resources (NWI-T) h…