CORRECTIONS (July 27, 1998)
Fortune Minerals trades on the Toronto Stock Exchange under the symbol FT.The high grade gold zone at the Nico project grades an average of 0.09% bismuth (plus values in cobalt, copper and gold). Inco…
News
Normabec eyes Comtois
Montreal-based Normabec Mining Resources (NMB-M) has struck a deal with the Canadian subsidiary of Phelps Dodge (PD-N) to option the major’s Comtois gold property, 15 km northwest of Lebel-sur-Quvill…
Americana options property
Venezuela-based Americana Gold & Diamond Holdings (AGDM-Q) has signed a letter-of-intent to earn a controlling stake in the Santa Rosa gold project in northern Brazil.The junior can earn an 80% intere…
GUEST COLUMN — Yellowknife indebted to mining
Throughout Canada’s history, hundreds of communities have grown and prospered because of mining developments. While we all applaud these mines for the jobs they create, we often overlook the other imp…
Low copper prices hurt Phelps Dodge
American copper producer Phelps Dodge (pd-n) reported earnings of US$40.4 million (or 69cents per share) for the second quarter, compared with US$134.8 million (US$2.16 per share) in the corresponding…
Companies (July 27, 1998)
America Mineral FieldsAmericana Gold & DiamondArizona Star ResourcesBarrick GoldBattle Mountian GoldBirim GoldfieldsBolidenBreakwater ResourcesBroken Hill ProprietyBuchans RiverCamecoCartaway Resource…
BOOK REVIEW — Study explores mining boom-and-bust cycles — Worldwide Mineral Exploration: Preparing for the Next Boom
Financial Times EnergyLondon W1P 9LL, U.K.The complex boom-and-bust cycles that characterize the international mineral exploration industry are elucidated admirably in a concise (146- page) and highly…
Meetings (July 27, 1998)
July 27 FreeportJuly 27 LeaderJuly 28 CochiseJuly 28 GoldmincoJuly 28 Int’l LoumicJuly 28 MinestarJuly 28 Windy MountainJuly 29 BMR GoldJuly 29 Cons. Sarabat GoldJuly 29 FairstarJuly 29 GabrielJuly 29…
Falco cuts ribbon on Raglan
The official opening of the Raglan mine on the Ungava Peninsula, coming some 40 years after the discovery of the area’s nickel deposits, was nothing if not a celebration of persistence. And that mine …
Platinova reports discovery
Toronto-based Platinova (PAS-T) has discovered what it calls an extensive zone of zinc-lead-silver mineralization on the Washington Land property in northwestern Greenland.Surface grab samples have re…
ODDS ‘N’ SODS — The magnificent Kootenays
The Kootenay district of south-central British Columbia is blessed with magnificent mountains, rivers, lakes and scenic valleys. At its centre is 407-sq.-km Kootenay Lake, into which the Kootenay Rive…
Grayd, Inmet Mining drill prospects at Glacier Creek
Diamond drilling is under way on the Glacier Creek polymetallic property, 100 km south of Fairbanks, Alaska.The property is one of six that make up the 100-sq.-km Bonnifield joint venture, in which In…