Rio Narcea aims for growth through discovery
A strong commitment to exploration is beginning to pay off for Rio Narcea Gold Mines (RNG-T), owner and operator of the El Valle mine near this coastal city in Asturias province. Recent drilling has r…
News
PacMin advances Aussie gold project to feasibility
In advancing the Carosue Dam gold project to feasibility, Teck’s (TEK-T) Australian subsidiary, PacMin Mining (pml), is using the experience gained from its Tarmoola mine operations to control operati…
Cominco boosts Teck earnings
Teck (TEK-T) has posted a healthy third-quarter profit, buoyed by the contribution from its equity stake in base metal major Cominco (CLT-T).Teck earned $12 million (or 11 cents per share) on revenue …
NEW HORIZONS — Gold keeps explorer seeing 20-20
The National Aeronautics and Space Administration in the U.S. is developing artificial “muscles” containing gold components to aid in the exploration of space.The electronic muscles are being develope…
PEOPLE — X-Cal
D.W. Kappes appointed director.
PEOPLE — Westward
Jay Sujir appointed director.
Rapu Rapu project enters final stretch
The Rapu Rapu polymetallic project in the Philippines could well be economically viable, according to a preliminary feasibility study.The study, led by Signet Engineering of Australia, calls for minin…
FACTS ‘N’ FIGURES — Drops in spending level off
Although base metals and gold prices are showing signs of strength, budget increases usually lag behind improved metal prices by a year.Exploration spending will continue to drop in the near term, but…
PEOPLE — Thundelarra
Philip Crabb appointed president.
PEOPLE — West African Venture
Arlen Mifflin appointed director.
PEOPLE — Timpete
Michael Meyers appointed director.
PEOPLE — Emerald Dragon
R.F. Mabanta, Trevor Isfeld, Costas Takkas, and Lawrence Heuchert appoint directors.