La Teko boosts True North
The resource calculation for the True North gold deposit near Fairbanks, Alaska, has nearly doubled.A joint venture between Newmont Mining (NEM-N) and La Teko Resources (LAORF-Q), the project is estim…
Articles by Northern Miner Staff
METAL PRICES — Daily Metal Prices (June 16, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJune 10June 9June 6June 5June…
Arauco begins feasibility
The George Lake project of Arauco Resources (ARU-T) has reached the feasibility stage.Arauco has engaged H.A. Simons to conduct a feasibility study on the project, which is in the Kitikmeot region of …
Eldorado expands into African districts — Two gold mines added to international portfolio
Two operating gold mines and nine exploration properties in Africa will be acquired by Eldorado Gold (ELD-T) as part of a second-stage transfer of assets to the company from South African mining house…
Patience, planning key to Vedron’s Timmins strategy
Slowly and methodically, Vedron Gold (VDGI-C) is proceeding with a drill program aimed at expanding the resource of the Fuller gold deposit, about 10 minutes’ drive southeast of town.Fuller, which pro…
PEOPLE — RIO ALGOM (June 16, 1997)
Patrick James appointed president and chief executive officer.
PEOPLE — PINCOCK, ALLEN & HOLT (June 16, 1997)
Marshall Koval appointed president.
GOLD FUNDS (June 16, 1997)
Gold Funds as of June 5, 1997BGRCentralNet Value$20.28$5.82Price$15.70$5.
SPOT PRICES (June 16, 1997)
Wednesday, June 11, 1997Price(US)Week’s ChangeGold*$343.70+ $1.30Silver*$ 4.77…
Java Gold, Pursuit launch programs in Mongolia
Alluvial gold production is under way at the Gazar property of Java Gold (JVAG-C).The company’s two gold production plants have arrived at the property, situated in Mongolia’s Zaamar Valley. Commissio…
COMMENTARY — Quality control, part 1
-scale quality control (QC) procedures to monitor the sampling and analyses of geological materials have only recently been used in mineral exploration.At one time, only a few companies had an establi…
PEOPLE — REGEENA RES.
Gregory Crowe appointed president and director.