The start of commercial production at the Nugget Pond gold mine last spring has enabled Richmont Mines (RIC-T) to report a 140% increase in gold production for 1997.The underground mine is in the Baie…
The induction ceremonies for the ninth annual Canadian Mining Hall of Fame, held recently at Toronto’s Royal York Hotel, paid tribute to six inductees whose careers showed not the importance of mining…
A plan put forward by Quebec’s ministry of natural resources to revise the provincial mining act is drawing criticism from two of the province’s prospectors associations.Amendments being proposed unde…
The Vancouver Stock Exchange composite index added 2.07 points, or 0.3%, to close at 596.13 over the report period ended Jan 27. The mining index also finished on an up-note, gaining 5.45 points, or 1…
Gold Funds as of January 22, 1998BGRCentralNet Value$14.67$6.21Price$11.40…
Earth Sciences (ESCI-Q) has acquired the right to explore for diamonds in the Gran Sabana, a large treeless expanse in southeastern Venezuela.The vendor, a Venezuelan company known as CODSA 14, contro…
As part of a joint restructuring plan, St. Genevive Resources (SGVE-C) and KWG Resources (KWGR-C) are asking most of their creditors to swap debt for an equity stake in the two companies.St. Gen is as…
With a membership of more than 6,000 individuals and corporations, the Prospectors & Developers Association of Canada (PDAC) is taking a keen interest in the Ontario task force currently reviewing sta…
Yamana Resources (YRI-T), known for its properties in such exotic locales as South America and Southeast Asia, has acquired a land package in its own backyard.The acquisition, which consists of 825 ac…
Feb. 2, ProbeFeb. 3, Int’l TikaFeb. 3, Vencan GoldFeb. 5, Yukon SpiritFeb. 9, Canadian OverseasFeb. 9, WilanourFeb. 10, Cotton ValleyFeb. 11, AndersonFeb. 11, Blackwater GoldFeb. 11, East IndiesFeb. 1…
Chesbar Resources (CBI-M) is joining forces with Intrepid Minerals (IAU-A) to explore and develop silver and gold properties in Guatemala.Chesbar has paid US$200,000 for a 25% interest in Intrepid’s G…
Breakwater Resources (BWR-TWR-T) is scrapping its plans to buy a controlling interest in Bolivian zinc producer Minera.The company attributes the decision to delays caused by Minera’s failure to restr…
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