MSV options Noranda’s Tortigny
The exploration subsidiary of Noranda (NOR-T) is optioning to MSV Resources (MSV-T) up to 100% of its Tortigny copper-zinc property near Chibougamau, Que.MSV may earn a half interest by spending $500,…
Articles by Northern Miner Staff
METAL PRICES — Daily Metal Prices (July 28, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJuly 22July 21July 18July 17J…
Viceroy explores Brewery Creek targets
With the Brewery Creek gold mine up and running (T.N.M., June 23/96), operator Viceroy Resource (VOY-T) is turning its attention toward exploring several targets elsewhere on the Yukon property.A US$1…
Correction (July 28, 1997)
Projected production at the Illinois Creek mine in west-Central Alaska was incorrectly stated in our issue of July 14. The mine is expected to yield 65,000 oz. gold-equivalent annually.For the current…
Second group bids for IG mine contract
Vancouver-based Indochina Goldfields (ING-T) has received a second offer for the financing and construction of its Monywa copper project in Myanmar.The proposal combines financing from Daewoo Corp., a…
Meridian makes headway at El Penon
Results from an ongoing prefeasibility study at the Chilean gold property known as El Penon will be used by Meridian Gold (MNG-T) to make a production decision by year-end.The Nevada-based company is …
Softrock adds to Greenland ground
Results of recent geological and geophysical surveys have prompted Softrock Petroleums (STZ-A) to further explore its Lindenow property in southeast Greenland.The junior says the property is prospecti…
Nelson prepares to resuscitate Kalana
A feasibility study by Nelson Gold (NLG-T) calls for a 2-stage development program at the Kalana gold project in Mali, in preparation for a return to production.Ashanti Goldfields (AHD.U-T) holds an 8…
PEOPLE — LEH VENTURES (July 28, 1997)
Gerard Dennehy appointed director.
DIAMOND PAGE — Drills turn near Voisey’s Bay
Three diamond drill rigs are at work on the VBE-1 claim block, situated east of, and adjacent to, Inco’s Voisey’s Bay nickel-Copper-Cobalt project in eastern Labrador.The program is operated by Falcon…
Greatest Value Traded, July 16-22
ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…
Anglo to explore Kabanga
Over the next two years, South African mining house Anglo American plans to spend at least US$7 million exploring Sutton Resources’ (STT-V) Kabanga nickel project in northwestern Tanzania.Exploration …