Yamana hooks new partner for Santa Cruz
Spokane-based Yamana Resources (YRI-T) has found a new partner to explore its Vanguardia project in the Argentine province of Santa Cruz.Picking up where Noranda left off, Rio Algom (ROM-T) has agreed…
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ODDS’N’SODS — Small pleasures of life in the bush
I was a prospector for more than 50 years, from 1934 to 1985, during which time I went through at least two dozen partners.My favorite, however, was Gustaf Pieter Hemming, with whom I staked more than…
B.C. government vows to appease mining industry
The government of British Columbia will introduce a new series of measures and regulatory changes designed to appease the mining industry.At a Vancouver luncheon, sponsored by the province’s Mining As…
THE DIAMOND PAGE — Gerle explores Doyle Lake kimberlite
Drilling at the Doyle Lake property in the Northwest Territories has traced a kimberlite sill over a northeasterly strike length of 1.3 km. The structure remains open to extension.Gerle Gold (GGL-V) r…
Spot prices at a glance (October 28, 1996)
Wednesday, October 23, 1996Price (US)Week’s ChangeGold*$383.95+ $3.15Silver*$ 4.98…
METAL PRICES — FREE MARKET (October 28, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateOct. 22Oct. 21Oct. 18Oct. 17Oct. 16…
Chivor completes adit in Colombia
Junior Chivor Emerald (CHIV.U-C) has completed driving of the new Dixon adit at the Oriente emerald mine in Colombia.Chivor owns 80% of the mine and has been expanding the operation while continuing t…
Golden Star aims drills at Suriname
In southeastern Suriname, Golden Star Resources (GSC-T) has begun core drilling at the Antino gold property.The 370-sq.-km property, part of the South Benzdorp Right of Reconnaissance area near the bo…
IMA and Oro Belle fast-track program
Two Vancouver-based juniors are stepping up exploration work at three gold properties in northwestern Argentina.Partners IMA Resource (IRU-V) and Oro Belle Resources (ORS-V) each own half of Minas Arg…
Conquistador to buy into Marmato
A subsidiary of Conquistador Mines (CQL-V) will acquire a 50.1% interest in the Colombian company that owns the Marmato gold property.The subsidiary, Corona Goldfields, of which Conquistador owns half…
Fairstar plans drilling program in Ghana
Diamond drilling is scheduled to begin on Fairstar Explorations’ (FFR-M) 150-sq.-km Benso concession in Ghana, West Africa.The company will focus on three prospects — Amantin, Subriso and Chichiwelli…
Cominco earnings hit by dip in metal prices
For the third quarter, Cominco (CLT-T) reports earnings of $5.2 million (or 6 cents per share) on sales of $448 million, compared with $22 million (25 cents per share) on sales of $417 million in the …