Montreal-based Noveder (NED-M) has begun new drilling campaigns on several of its gold properties in Quebec and Newfoundland.* Abitibi — At the Abitibi project, near Val d’Or, Que., drill crews are e…
Another round of exploration is under way at the Kirkland Lake project, a joint venture of Queenston Mining (QMI-T) and Franco-Nevada Mining (FN-T) in northeastern Ontario.The partners have budgeted $…
Majors Noranda (NOR-T) and Phelps Dodge (PD-N) have withdrawn from the Kafue consortium; only South Africa’s Avmin and Britain’s Commonwealth Development remain.Over the past 15 months, the consortium…
Toronto-based Indocan Resources (IDCN-O) has wrapped up its acquisition of Prodigy Resources.The deal was sealed upon the issue by Indocan of 15 million new shares to Prodigy shareholders. Indocan has…
Rumors of a potential breakup in ownership of the producing Klipspringer diamond project in South Africa’s Northern Province are unfounded, says SouthernEra Resources (SUF-T).The embattled company’s l…
Infill drilling at the Taparko property of High River Gold (HRG-T) has confirmed the structural continuity of the gold deposit in zones 3 and 5.The recently completed 21-hole drilling program forms pa…
ExchgVal($000s)HighLowCloseChangeBarrick GoldT167…
Operator Cambior (CBJ-T) and equal joint-venture partner MacMillan Gold (MMG-T) have begun an exploration program at the Free Maria gold project, situated in the Huamacucho area of north-central Peru….
June 1, Int’l DamascusJune 1, NeutrinoJune 1, Pacific FalkonJune 1, Samax GoldJune 2, Eden RocJune 2, El CallaoJune 2, Golden QueenJune 2, GoldfundJune 2, GoldtrustJune 2, La TekoJune 2, LegionJune 2,…
Settlement prices for London Metal Exchange spot metal and three-month contracts, May 26/98 (US$ per tonne):MetalsCash PriceThree Month Price…
Aluminium: LME settlements US$1,340, alloy US$1,259 per tonne (May 26/98).Antimony: Representative mid-market US$1,490 per tonne (May 26/98).Bismuth: Representative mid-market US$3.75 per lb. (May 26/…
After a 6-year production hiatus, the Cassiar asbestos project in British Columbia is ready to begin producing chrysotile fibres once again.Operator Mineral Resources (MIC-T), which holds a 100% inter…
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