Nord Pacific gets green light for mine in PNG
The government of Papua New Guinea has granted Nord Pacific (NORPY-Q) a licence that will allow the company to develop the Simberi gold mine in the Tabar Islands.”This is the first step in the develop…
The government of Papua New Guinea has granted Nord Pacific (NORPY-Q) a licence that will allow the company to develop the Simberi gold mine in the Tabar Islands.”This is the first step in the develop…
A final feasibility study by Teck (TEK-T) on the Petaquilla property in Panama does not meet requirements necessary for that company’s acquisition of a quarter interest in the project, Adrian Resource…
State-owned Zambia Consolidated Copper Mines (ZCCM) has announced that six bids have been submitted for a majority interest in the Kansanshi copper mine.The sale of the mine is part of the government’…
The idea of a national securities commission has failed to take flight in Canada despite the dedicated efforts of those who believe it could make the country’s financial markets increasingly fair, eff…
Five drill holes have been completed on targets east of Stratabound Minerals’ (SB-A) Taylor Brook discovery. The zinc-lead-silver massive sulphide deposit is situated between Noranda’s (NOR-T) Heath S…
Canarc Resource (CCM-T) reports a busy third quarter dominated by financing deals, permitting and feasibility work.In addition to closing a $9.2-million private placement, the junior launched a major …
Diamonds recovered from the 5034 kimberlite at the AK property in the Northwest Territories will be sent to Belgium for further evaluation.The AK-CJ properties are 130 km south of the Lac de Gras regi…
ALUMINIUM: LME settlements US$1,489 per tonne, alloy $1,349 per tonne (Dec.17/96).ANTIMONY: Composite free market, US$2,075 per tonne (Dec. 16/96).BISMUTH: Composite free market US$3.20 per lb. (Dec. …
A joint venture has been formed allowing the Mexican subsidiary of Placer Dome (PDG-T) to buy a majority interest in a portion of the San Antonio project, held by Laminco Resources (LMR-T).Empresa Min…
A recent drilling program carried out by Manhattan Minerals (MAN-T) is outlining a bulk-tonnage, gold-silver deposit at the Candamena property in Chihuahua state, Mexico.The Candamena property is 25 k…
Air-track drilling at the 225-sq.-km Salvador property in north-central Mexico has outlined another zone of surface oxide mineralization for partners Teck (TEK-T) and Western Copper Holdings (WTC-T).T…
The Gaspar gold project in Cuba has yielded more mineralization for operator KWG Resources (KWG-T).The latest results of reverse-circulation drilling on the property’s El Pilar prospect include: 60 me…
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