Eastmain, Soquem find more gold at Clearwater
Partners Eastmain Resources (ER-T) and Quebec government-owned Soquem have discovered three more gold-bearing veins at their Clearwater (Eau Claire) gold project in the Eastmain River greenstone belt …
News
Minefinders boosts Dolores (October 18, 1999)
Toronto-listed Minefinders (MFL-T) has arrived at a new resource estimate for its wholly owned Dolores gold-silver property in Mexico’s Chihuahua state.Using a cutoff grade of 0.3 gram, Minefinders ou…
Nickel producers suffer growing pains — Problems stem from engineering design, equipment selection
In discussions with delegates at the 1999 Australian Nickel Conference held here recently, the consensus was clear: the most dramatic change facing the nickel industry is the emergence of the Western …
Phelps Dodge wins double-header in copper battle
With its proposed merger with Asarco (AR-N) foiled at every turn, Cyprus Amax Minerals (CYM-N) has accepted an amended takeover bid from copper giant Phelps Dodge (PD-N). A few days later, Asar…
Canyon finances lawsuit
Canyon Resources (CAU-X) has obtained US$3.5 million in financing from Franco-Nevada Mining (FN-T) and restructured its purchase agreement with Phelps Dodge (PD-N) for the McDonald gold project…
DIAMOND PAGE — Twin Gold finds diamonds in Ungava
Toronto-based junior Twin Gold (TWG-T) has discovered diamonds in a grab sample derived from two dykes in the Torngat Mountains, east of Ungava Bay in northern Quebec.The sample, which weighed 10.9 kg…
Partners extend Tulawaka
Drilling has confirmed the down-plunge extension of the East zone at the Tulawaka property in Tanzania’s Lake Victoria Goldfields district.Operator Pangea Goldfields (PGD-T) holds a 70% interest in th…
Atna completes program on Caribou Dome
Atna Resources (ATN-T) is encouraged by results from its recently completed exploration program on the Caribou Dome copper property in central Alaska.The junior perfomed geochemical, geological and ge…
SUPPLIERS NEWS ROUNDUP — Codelco hires Kvaerner
The South American division of Kvaerner has been awarded a US$17-million contract to upgrade the processing circuit at the Radomiro Tomic copper mine in northern Chile.The firm will design and oversee…
Polymet begins drilling
Junior Polymet Mining (POM-V) has begun drilling on it NorthMet polymetallic project in northern Minnesota.The company intends drill 80-100 holes in a program that is expected to last one year (43,000…
Meetings (October 11, 1999)
Oct 12 ArizumaOct 12 AugustaOct 12 CordexOct 12 CorsairOct 12 DejourOct 12 Ris Res.Oct 12 Sepik GoldOct 12 United GunnOct 14 GreshamOct 19 FancampOct 13 AltoOct 13 HyperionOct 13 Northern GlacierOct 1…
Red Dog area find targeted for more drilling
Winter weather has brought drilling to a halt on a new high-grade zinc discovery of Cominco (CLT-T), 6 miles north of the company’s Red Dog mine in northwestern Alaska.Among the better results from re…