News


Canaco drills Lady Pond

Zinc and copper minerals are the focus of a drill program under way at the Lady Pond property, near Springdale, Nfld.Canaco Resources (CSE-M) is testing two parallel, 800-metre-long conductors that we…


IMF gold sales would harm struggling economies

The International Monetary Fund’s proposal to sell 10% of its gold to assist debt relief would harm, rather than help, some of the world’s poorest nations, says the World Gold Council.The New York-bas…






METAL PRICES (June 28, 1999)

BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJune 22June 21June 18June 17…


Westward, MacMillan test target in Peru

A drill program funded by Westward Explorations (WWE-V) will test MacMillan Gold’s (MMG-T) Armonia gold property in central Peru.Westward can earn a 50% interest in the project from MacMillan. This ye…



SouthernEra tests Camafuca pipe in Angola

Results from a 1998 drill campaign at the Camafuca diamond property in Angola’s Lunda Norte province suggest that the kimberlite may be richer than previously thought.SouthernEra Resources (SUF-T), wh…


BASE METALS — Rio Tinto eyes zinc project

A zinc-lead-silver project with similarities to the Polaris mine in Canada’s High Arctic has caught the eye of Rio Tinto Mining (RTP-N).The London-based major plans to spend US$500,000 on a summer pro…


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