GEOLOGY 101 — Carlin-type gold deposits, Part 2
Sediment-hosted gold deposits supply a significant amount of the world’s gold. Although only the western United States produces gold from such deposits, these structures are also found in China and Pe…
News
Anomaly found near Kipushi
Zamgold, a wholly owned subsidiary of America Mineral Fields (AMZ-T), has discovered a significant copper anomaly in southern Zambia.The discovery is generating interest because it is only 2 km from t…
DIAMOND PAGE — Lexam seeks kimberlites in Greenland
Junior Lexam Explorations (LEX-M) has begun drilling 10 targets to test for kimberlite pipes on the western coast of Greenland.Half of the targets are on Lexam’s own property; the other half are on gr…
LME WAREHOUSE LEVELS (February 16, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Feb.10/98 (change from Feb. 3 in brackets):MetalStock(tonnes)Change…
PRODUCER AND DEALER PRICES (February 16, 1998)
Aluminium: LME settlements US$1,485, alloy US$1,312 per tonne (Feb. 10/98).Antimony: Representative mid-market US$1,655 per tonne (Feb. 10/98).Bismuth: Representative mid-market US$3.65 per lb. (Feb. …
Plata-Peru proves up deposit
Encouraging drill results have induced Plata-Peru Resources (PPU-A) to expand exploration efforts at the Pachapaqui polymetallic mine in west-central Peru.Assays have been received from two holes dril…
Romarco hits at Midas
Final 1997 assays from the Midas project in northern Nevada returned strong gold values for Romarco Minerals (R-T).The company completed 57 holes (31 core and 26 reverse-circulation) at Midas in 1997,…
Min. du Nord revs up drills
Following torrential rains, Montreal-based Explorations Minires du Nord (mdn-m) has resumed drilling at its 50%-owned Kanegele gold property in northwestern Tanzania.The reverse-circulation program is…
Drilling tests Birim’s Dunkwa in Ghana
Exploration drilling has resumed at the Dunkwa gold property in Ghana, West Africa, reports Birim Goldfields (BGI-T).The property spans 45 km of the Ashanti gold belt, a geological feature that hosts …
Companies (February 16, 1998)
Adrian ResourcesAlberta EnergyAltavista MinesAlto MineralsAmax GoldAmerican Mineral FieldsAmerican TechnologyExplorationAnglo AmericanAshton Mining of CanBarrick GoldBattle Mountain GoldBema GoldBirim…
Brass-bar scam goes to trial
Alexandra Montgomery and William Nestor, founders of International Nesmont Industrial, will appear in court this month to respond to fraud allegations dating back to 1993, when brass bars were substit…
Index (February 16, 1998)
CareersClassifiedDiamond PageDrillersEditorialFacts’n’FiguresGeologyMetal PricesPeopleProfessional DirectoryStock MarketSubscription ServicesFeb. 16, Cimarron MineralsFeb. 16, GMD ResourceFeb. 16, LMX…