1997

A reserve of working capital, combined with a solid past performance, suggests that Aurizon Mines (ARZ-T) can look forward to a good year, according to analyst Donald Poirier of McDermid St. Lawrence …

Rift Resources (RIF-V) is making inroads in East Africa. The Toronto-based junior has been granted a prospecting licence in Uganda and an exploration licence in Ethiopia.The prospect in southwestern U…

Toronto-based Inter-Rock Gold (IRO-T) has poured its first gold from the Daisy mine in Beatty, Nev.The gold, totalling 439 oz., was poured at Rayrock Yellowknife Resources’ (RAY-T) Marigold mill in no…

The Mining Association of Canada (MAC) reports that 31 of its member companies have reduced their emissions of 12 major substances by 68% since 1988.These reductions are close to the 71% target origin…

Two Denver-based companies — Dakota Mining (DKT-X) and USMX (USMX-Q) — are expected to merge.Under an agreement-in-principle, shareholders of USMX will receive one share of Dakota for every 1.1 shar…

Australian-based Highlands Gold has struck a US$250-million deal with Placer Dome (PDG-T) to sell its 25% interest in the massive Porgera gold mine in Papua New Guinea.Highlands, formed under Papua Ne…

Drilling at the Martinetas property in southeastern Argentina has yielded significant epithermal gold mineralization for Yamana Resources (YRI-T).Two of six targets were tested, and assays for the fir…

Two more drill holes at the McBean property east of Kirkland Lake, Ont., have intersected gold mineralization below the property’s old open pit.The drill program, being operated by Queenston Mining (Q…

A group of armed miners has returned the Amayapampa and Capa Circa gold mines in Bolivia to owner Vista Gold (VGZ-T).The Bolivian government recently signed an agreement with the miners, ending a conf…

Echo Bay Mines (ECO-T) will acquire from Placer Dome (PDG-T) the remaining interest in the Kilgore gold project that it does not already own. Situated in southern Idaho, the project is already owned 5…

A 10-hole program of diamond drilling is enabling Sonoma Resource (SNA-V) to test the Cerro Toro project in Argentina.Believing a copper-gold porphyry system exists at depth, the junior is focusing it…

The research for my proposal “A Gold-Backed North American Dollar’ has now reached the point where outside help is required.With this proposal, I am working to improve the idea that the government can…