Anzex Resources (AZX-V) has initiated a drill program at its wholly owned Longwood project on New Zealand’s South Island.Anzex’s exploration licence covers the entire Longwood igneous complex, which t…
With the price of nickel nosediving US25cents over the past two weeks to US$2.20 per lb., both of Canada’s big nickel producers took hits over the report period ended May 19: Inco dropped $1.95 to $21…
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMay 19May 18May 15May 14May 13…
Junior diamond miner Trivalence Mining (tmi-v) of Vancouver, B.C., has reported new production figures from its 1,000-sq.-km Aredor concession in Guinea, West Africa.In April, Trivalence processed 31,…
Nova Scotia-based NovaGold Resources (NRI-T) reports that diamond drilling has begun at the Koala project in central Chihuahua state, Mexico.In February, the company acquired a 20% interest in the 990…
Donner Minerals (DML-V) and Teck (TEK-T) have commenced their long-anticipated drilling program at the South Voisey’s Bay project in Labrador.Three drill rigs are currently operating under the field s…
Montreal-based MSV Resources (MSY-T) has raised $40 million to develop the Copper Rand 5000 project in the Chibougamau camp of northern Quebec.The financing consists of a $30-million loan from a major…
MRL Gold, the Philippine subsidiary of Mindoro Resources (MIO-A), has opted to continue exploring the Agata gold project after receiving encouraging results from preliminary work programs.Agata covers…
As a result of an aggressive acquisition spree, Saskatoon-based Claude Resources (CRJ-T) has moved several steps closer to its goal of producing 150,000 oz. gold per year by the turn of the century.Th…
Preliminary drilling at the Windward project, 50 km southeast of Timmins, Ont., has uncovered significant polymetallic values, Band-Ore Resources (BAN-T) has reported.The drilling intersected nickel, …
Junior Orvana Minerals (ORV-T) has nearly completed a diamond drilling program at its Don Mario copper-gold property in eastern Bolivia.Over 82% of the planned 6,100 metres has now been drilled, with …
Citing continued low gold prices, Lyon Lake Mines (LLL-M) is writing down the value of its gold properties in Costa Rica and Canada.For the fiscal year ended Dec. 31, 1997, the Montreal-based junior r…
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