1998



VenCan seeks remedy in Edwards dispute

Operator River Gold Mines (riv-t) says the Edwards mine, northeast of Wawa, Ont., sustained a loss last year. The mine’s owner, VenCan Gold (VCG-M), believes the operation generated a profit of at lea…


NEWS ROUNDUP — Freewest reports find near Sudbury

Montreal-based Freewest Resources Canada (FWR-T) has discovered a platinum-palladium-copper-nickel showing at its wholly owned Folson Lake property in Gerow Twp., 80 km west of Sudbury, Ont.The 320-ha…


Australasian PGM sector needs dash of Fipke magic

In the mid 1980s, the man who later undertook the great geological detective work that put Canada on the world diamond map, was in the deep south of New Zealand, in conditions as cold as, but a lot we…


Minroc eyes Kanyemba

Clifford Frame’s Minroc Mines (MN-T) is acquiring a half-interest in the Kanyemba uranium-vanadium project in Zimbabwe from Toronto-based junior Cline Mining (CMK-V).Minroc will pay Cline 1.5 million …


Billiton unit ties up Newfoundland land package

A unit of London-based Billiton has signed joint-venture agreements with several Canadian juniors collectively holding 343 sq. km of prospective ground in the Buchans area of central Newfoundland.The …


Bulk sampling adds lustre to Snap Lake

Over the course of the past two years, Winspear Resources (WSP-V) has encountered a complex kimberlite dyke and breccia system in and around Snap Lake at the Camsell Lake property within an area measu…



Post-merger Kinross launches mine review

The recently completed merger with Amax Gold has provided a dramatic boost in revenue for Kinross Gold (K-T), as well as a larger stable of mines to manage. With gold prices at near-record lows, the T…


LME WHS LEVELS

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Aug. 31/98 (change from Aug. 25 in brackets):MetalStocks(tonnes)Change…


AZCO gains foothold in Mexico

Vancouver-based AZCO Mining (AZC-T) has acquired an option to earn a 70% interest in La Adelita, a copper-gold-silver prospect in Mexico’s Sonora state.In return, the junior is required to spend US$50…


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