News


Inco unveils development program for Creighton mine

Management of Inco (N-T) faced harsh criticism from union leaders representing its Canadian workers at the company’s first annual general meeting since the unveiling of restructuring plans that involv…


Results enhance Tshane project

Exploration by Menora Resources (MEN-M) continues to add potential to the Tshane diamond project in southwestern Botswana.A soil sampling program over a 1-km grid identified six anomalous areas of kim…


Gold Hawk eyes Peruvian silver-gold project

Montreal-based Gold Hawk Resources (CGK-A) is eyeing the open-pit potential of a past-producing, underground silver-gold mine 40 km east of the coastal city of Trujillo, in northern Peru.President Jea…


Costs cut at Nanisivik

Breakwater Resources (BWR-T) reports that milling improvements at its Nanisivik zinc mine on Baffin Island are partly responsible for a boost in earnings last year.The remote operation turned a profit…



Placer Dome buys stake in Vengold

Placer Dome (PDG-T) has acquired a 16.8% interest in Vengold (VEN-T) by subscribing to 23.6 million of the company’s shares at $1.75 each, for gross proceeds of $41.3 million.Vengold’s primary asset i…


Drilling expands San Nicolas

Recent drill results from the San Nicolas discovery in Mexico’s Zacatecas state have expanded the massive sulphide deposit. The body appears to be closing off to the northeast and northwest, but remai…


Cameco eyes Uranerz units

Uranium miner Cameco (CCO-T) has entered into an agreement-in-principle to acquire the two North American-based subsidiaries of German-based Uranerzbergbau.The deal will see Uranerzbergbau, which is j…


DIAMOND PAGE — Namco ups ocean diamond output

The return of an ocean-going production vessel to the Luderitz Bay diamond concession, off the coast of Namibia, has increased recovery rates for Namibian Minerals (NMR-T).The MV Kovambo returned to t…


Meetings (April 27, 1998)

Apr. 27, Abitibi-Consolidated DesjardinsApr. 27, CadreApr. 27, Cassidy GoldApr. 27, CopperstoneApr. 28, BreakwaterApr. 28, Bright StarApr. 28, Golden ChiefApr. 28, Gulf IndonesiaApr. 28, Int’l Skyline…


Bema looks to Russia for future growth

The economics of an advanced-stage deposit in the Russian Far East containing 1 million gold-equivalent ounces are strong enough that Bema Gold (BGO-T) is making a bid to acquire its 79% owner, Britis…


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