News


EXPLORATION 1999 – Far West teams with Canarc

An agreement between Far West Mining (FWM-A) and a subsidiary of Canarc Resources (CCM-T) sets the stage for the former to earn half-interests in nine properties in Mexico’s Zacatecas and San Luis Pot…




LME WHSE LEVELS (March 15, 1999)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar. 2/99 (change from Feb. 23 in brackets):MetalStocks (tonnes)Change…


Producer ponders expansion

Canada’s only primary producer of palladium is pondering an expansion of the Lac des les mine near Thunder Bay, Ont.Encouraged by positive results from a scoping study, North American Palladium (PDL-…


EXPLORATION 1999 – Western Pacific finds partner

SMC Resources, an Australian gold producer, has agreed to issue 31.5 million of its shares to Western Pacific Gold (WPI-A) in return for the junior’s land package in the Solomon Islands.Though still s…



Tenke declares force majeure in DRC

The war in the Democratic Republic of Congo has forced Tenke Mining (TNK-T) to suspend payments on the the huge Tenke-Fungurume copper project in Katanga province.To maintain its 55% interest in the p…




Metallica drills porphyry project in Chile

Metallica Resources (MR-T) has encountered significant copper-gold mineralization at the El Morro porphyry prospect in north-central Chile.In the second hole of a 10-hole program that spanned 2,000 me…


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