Hope Bay partners evaluate project’s economics
This year’s $16.4-million exploration campaign at the Hope Bay gold project, north of the Arctic Circle, will culminate with an independent scoping study sometime before year-end.Joint-venture partner…
The Northair Group
Ashton discovers kimberlite south of Coronation Bay
A decision by Northern Empire Minerals (NEM-V) to fund its share of drilling on the Kikerk Lake diamond joint-venture project has paid off with the discovery of a new kimberlite body, dubbed Potentill…
VMS prospects in Elu belt
Following the acquisition of the Elu property in Canada’s northern territory of Nunavut, Sherwood Petroleum (SWD-V) has discovered a number of volcanogenic massive sulphide (VMS) showings during its i…
Mergers dominate lacklustre year in US mining
Denver — The year 2000 began on a note of optimism for mining in the U.S. The Washington Agreement, an accord of Europe’s top bullion-holders that aims to regulate and limit sales, promised to revive…
Condor joins Caledonia in NWT
Condor International Resources (COD-V), a member of the Northair group of companies, can acquire up to a half-interest in the Kikerk diamond property of Caledonia Mining (CAL-T) near Coronation Gulf, …
Teck accelerates exploration in northeastern Mexico
Here in the southeastern state of Oaxaca, Teck (TEK-T) is carrying out early-stage exploration on the Lachatao gold property, with trenching and drilling endeavoring to outline what the company hopes …