KRL steps up work at Copper Hill
With its appetite whetted by initial drilling at its wholly owned Copper Hill property, 85 km south of Timmins, Ont., KRL Resources (KRL-V) is preparing to launch a more detailed exploration program.H…
News
PEOPLE — Galleria (July 19, 1999)
Gerard Edwards appointed director.
PEOPLE — Dickstone
Daniel Ziehlke appointed president and director; Thomas Frohlinger appointed secretary-treasurer and director; P.J. Chornoby and S.M. Francis appointed directors.
DIAMOND PAGE — Mountain Province buoyed by Kennady Lake results
A large-diameter reverse-circulation bulk drill sample collected this past winter from the 5034 pipe at Kennady Lake in the Northwest Territories has yielded positive results.Situated 120 km south of …
Nord sells interest in Sierra Rutile
Nord Resources (NRD-N) is selling its half-interest in Sierra Rutile, the now-dormant heavy mineral sands operation in Sierra Leone.The asset will be acquired by MIL Investments, Nord’s largest shareh…
SUPPLIERS NEWS ROUNDUP — Kvaerner wins expansion contract
The engineering and construction arm of Kvaerner has been awarded a US$1.5-million contract to expand the Pirdop copper smelter in Bulgaria.The company will increase anode copper production at the sme…
Partners secure US$1.3-billion Antamina financing — Rio Algom boosts Spence resource by 100 million tonnes
Already destined to become the world’s third-largest zinc and seventh-largest copper mine, the Antamina deposit in Peru now holds the distinction of being the recipient of the largest financing ever f…
Major General eyes Spider Lake
Junior Major General Resources (MGJ-V) continues to search for polymetallic mineralization at its Spider Lake project in northwestern Ontario.Efforts are focused on a high-chargeability and low-resisi…
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Zinc holding its own
In 1998, an estimated $236 million was budgeted for worldwide zinc exploration, a 13% decline from the year before. Although exploration budgets are being cut significantly again this year, the relati…
Phelps Dodge slashes production (July 12, 1999)
Following a host of mine closings in the copper industry, Phelps Dodge (PD-N) has announced production cuts and restructured its wire and cable business.The Phoenix, Ariz.-based company plans to decre…
Winspear releases Snap Lake estimates
The total in situ “global tonnage” resource for the NW Snap Lake kimberlite dyke is estimated at 23.4 million tonnes, with an average vertical thickness of 2.44 metres.Snap Lake is part of the Camsell…
TSE INDICES (July 12, 1999)
1999Jul. 6Jul. 5Jul. 2Jul. 1Jun. 30Hi.TghLowCompo…