Teck, Sumitomo team up at Pogo
Teck (TEK-T) and Sumitomo Metal Mining Arizona will jointly explore the Pogo gold property in central Alaska.Situated 150 km southeast of Fairbanks, the property is part of Sumitomo’s Stone Boy projec…
News
Viceroy opens Yukon gold mine — Gold recovery proved possible during cold temperatures
The discovery of placer gold in the Klondike in 1896 triggered one of the world’s last great gold rushes, attracting thousands of people from all corners of the world. One hundred years later, the sea…
Gitennes pins hopes on Virgen gold property
Although it is still in the early stage of being explored, the Virgen property in north-Central Peru is already attracting attention as a gold discovery of some significance.Over the next four years, …
CIM off to races
The Toronto branch of the Canadian Institute of Mining, Metallurgy & Petroleum will hold its annual social event at the Woodbine race track in Toronto on June 27.Tickets for the event, entitled “A Nig…
LME Warehouse Levels (June 23, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 16/97 (change from previous week in brackets):Aluminium698,650(-19,425)Copper122,225(-5,900)Lead116,875(-675)Nickel51,1…
Gold Funds (June 23, 1997)
Gold Funds as of June 12, 1997BGRCentralNet Value$20.53$5.87Price$15.25$5…
Timmins project keeps Holmer rooted at home
BBY THOMAS BROCKELBANKWhile it is making a name for itself with its Cuban projects, Holmer Gold Mines (HGM-T) is keeping one foot firmly planted in one of Canada’s oldest mining camps.Holmer has a 100…
Normandy Mining and Boliden come knocking on Canada’s door
Toronto’s status as the capital of the global mining industry has been further cemented by news that major firms Normandy Mining of Australia and Boliden (BOL-T) of Sweden setting up shop in the city….
BASE METALS — Search continues for more Labrador nickel — Teck, Falco join thinning field of juniors
Although the rumble of helicopters and diamond drills will once again be heard over Voisey’s Bay, Labrador, the ranks of junior companies exploring in the region are thinning.Only a handful of compani…
BASE METALS — Exploration proves up VMS potential of Finlayson Lake camp — Juniors flock to southeastern Yukon
The potential of the Finlayson Lake area in the southeastern Yukon to host volcanogenic massive sulphide deposits was first demonstrated by two discoveries: the ABM deposit, outlined in 1994 by Cominc…
NEWS IN BRIEF (June 23, 1997)
First Impression Singles (FIM-V) has changed its name to Global Explorations (GXC-V).
BASE METALS — Redfern updates Tulsequah study
A massive sulphide project in Portugal will provide an exploration focus for Redfern Resources (RFR-T) while engineering and permitting work continue at the Tulsequah Chief property in northwestern Br…