1998

Battle Mountain Gold (BMG-N) has lowered production costs, but still took a loss in the fourth quarter and its fiscal year.The company reported a net loss of US$20.6 million (or 9cents per share) duri…

An exploratory tunneling program on the southern end of the Rio Suro gold zone at the Virgen property in north-central Peru is now complete.Gitennes Resources (GIT-T) is using the tunnel to develop a …

After spending $1.5 million on exploration, Aur Resources (AUR-T) has decided to drop its option to earn an interest in the Patagonia property from Southern Rio Resources (SNZ-V).Southern Rio intends …

Montreal-based Alcan Aluminium will construct a 375,000-tonne aluminum smelter in Alma, Que.The facility will replace the Isle-Maligne smelter, also in Alma, which has an annual production capacity of…

In a remote area of southern Patagonia, Yamana Resources (YRI-T) has made what appears to be a significant silver discovery.The company has hit high-grade silver in drillholes at the grassroots Lejano…

Tan Range Exploration (TNX-A) has inked a deal with Minorca Resources (MAR-T) whereby the latter can acquire up to a 50% interest in the Itetemia gold property in Tanzania.For its interest, Minorca mu…

London, England-based Nelson Gold (NLG-T) has boosted the capacity of its carbon-in-leach (CIL) plant at the Jilau gold mine in northwestern Tajikistan.The expansion, which raises annual throughput to…

Montreal-based Nora Exploration (NXI-M) has signed a deal under which it can acquire a full interest in a company with extensive diamond exploration concessions in Namibia.Otjua Minerals, a subsidiary…

Montreal-based Western Pacific Mining Exploration (WPC-M) has launched a new program of exploration at its Fauro Island gold project in the Solomon Islands, east of New Guinea.* Ballyrorio prospect –…