Indo Metals-Inco alliance to focus on Indonesia
Junior Indo Metals (IOM-V) will join forces with Inco (N-T) on several of the nickel giant’s polymetallic properties in Indonesia.Under the so-called Maluku strategic alliance, Indo (formerly European…
Junior Indo Metals (IOM-V) will join forces with Inco (N-T) on several of the nickel giant’s polymetallic properties in Indonesia.Under the so-called Maluku strategic alliance, Indo (formerly European…
Africa’s mineral potential is considerable and, as a result, mining companies are taking to heart the advice offered by John Babsone Lane Soule in the 19th century: “Go west, young man.”Africa, which …
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.27/97 (change from previous week in brackets):Aluminium956,725(-6,600)Copper165,650(+22,425)Lead113,725(-1,650)Nickel48,…
ExchgVol(000s)CloseGoldminco MngV143331.56Pure Gld ResT…
Checked in its bid for a 32% stake in Anvil Range Mining (ARO-T), Mineral Resources (MIC-T) says it has been “forced to re-evaluate” its offer for outstanding shares of the company.Mineral Resources m…
ExchgValue($000s)HighLowCloseChangeBarrick GoldT2…
International Tournigan (ITG-V) may be based in Vancouver, but the lion’s share of its operations are on the Dark Continent.Although the company holds properties in Papua New Guinea and Stewart, B.C.,…
“Better safe in Ghana than sorry anywhere else” could well be the motto of Birim Goldfields (BGI-T) in West Africa.The company has restricted its exploration efforts in that part of the world to two G…
More than a dozen companies have acquired prospecting licences in northern Ghana, testifying to the region’s mineral potential.Activity in the country’s northern, upper western and upper eastern regio…
Drilling by Franc-Or Resources (FOR-T) at its Haute-Mana project in central French Guiana is confirming the presence of gold mineralization at depth.Results have been received from six holes drilled o…
Assays from sill drifting in the two zones being developed at the Edwards gold mine near Dubreuilville, Ont., have revealed a higher grade than was expected.The mine is owned by VenCan Gold (VCG-M) bu…
Yamana Resources (YRI-T) has added some U.S. prospects to its exploration portfolio, which previously consisted only of projects in South American and Indonesia.The three gold and copper properties, w…
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