Spanish Mountain returns gold values
Trenching on the Spanish Mountain property, in British Columbia’s Cariboo district, is returning gold values for Eastfield Resources (ETF-V), Consolidated Logan Mines (CKO-V) and Cyprus Amax Minerals …
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Royal Oak buys Nfld. gold property
By acquiring a gold property near its Hope Brook operations in Newfoundland, Royal Oak Mines (RYO-T) has secured a supply of mill feed that will take it into the next century.Royal Oak purchased the C…
Government and Ok Tedi partners reach a settlement in environmental lawsuit
A settlement has been reached in the lawsuit facing BHP Minerals and Ok Tedi Mining, an 18%-owned subsidiary of Inmet Mining, over the disposal of tailings from the companies’ copper-gold mine in Papu…
Metal Prices — FREE MARKET (June 24, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJune 18June 17June 14June 13June 12…
Paramount drilling hits snag in Argentina
Drilling difficulties at the Juramento property in Argentina’s Salta province have prompted Paramount Ventures & Finance (PVF-V) to halt work and bring in a new drill contractor.Paramount holds a larg…
Tanqueray hits titanium at Harp Lake
Drilling near Harp Lake in north-central Labrador, Tanqueray Resources (TQY-A) has hit titanium-rich rocks.The company has been drilling to test a geophysical anomaly over its wholly owned Ross Lake p…
BASE METALS SPECIAL — Plata funding work programs
Plata Mining (PMT-A) is raising funds to continue exploration work in South America.The company’s list of projects includes the Helvecia zinc prospect and Hualilan gold project, both in Argentina, and…
BASE METALS SPECIAL — Southwestern options project
A recent option agreement allows Southwestern Gold (SWG-V) to earn 100% of the Dina property situated about 75 km northeast of Copiapo, Chile.Recent surface work has indicated that a porphyry copper-g…
BASE METALS SPECIAL — International Curator aims to revive historic mining camp in Baja California
Vancouver-based International Curator Resources (IC-T) is resurrecting this historic mining town, on the eastern coast of Baja California, Mexico.Mining in the area dates back to 1886, when a French c…
BASE METALS SPECIAL — Imperial Metals builds Mount Polley mine
Imperial Metals (IPM-T) has begun constructing its 55%-owned Mount Polley gold-copper mine, near Williams Lake in south-central British Columbia.Contracts exceeding $40 million have been awarded for m…
BASE METALS SPECIAL — Ego produces cobalt carbonate
In May 1996, Ego Resources (EGO-T) produced 14,700 lb. of cobalt, up from 7,600 lb. in April. At current spot prices, May’s production had a market value of about US$400,000.The company’s Cobatec coba…
BASE METALS SPECIAL — Ursa Major takes shine to Kazakhstan
Newly listed Ursa Major International (URSA-C) will explore for copper-gold deposits in Kazakhstan.Indirectly, the company holds a 56.6% interest in four licences covering 4,208 sq. km.The Koktasjal l…