Drill results add sparkle to Joya del Sol
Results from the first round of drilling are adding sparkle to the Joya del Sol (Jewel of the Sun) gold-silver project in southern Argentina.Sunshine Mining & Refining (SSC-N) has completed 41 shallow…
News
Cobre accepts Phelps Dodge takeover bid
With the price of copper falling and no other suitor coming forward, the management of Cobre Mining (CBU-T) has decided to submit to a takeover attempt by Phelps Dodge (PD-N).Cobre’s directors are rec…
Falco profits drop
With decreased base-metal prices and problems at the Sudbury and Kidd Creek divisions, Falconbridge (FL-T) saw its earnings drop during its fiscal 1997 and its fourth quarter.The company’s consolidate…
Correction (February 09, 1998)
Previous owners of the Wenatchee gold project in Washington state spent $10 million exploring the Compton, Wenatchee Heights and Matthews properties. In our issue of Feb. 2-8, we incorrectly attribute…
Ourominas options properties
Junior Ourominas Minerals (OMI-T) has entered into option agreements on two properties in the Peixoto de Azevedo area of Brazil’s Mato Grosso state.The company has 90 days in which to review the geolo…
PEOPLE — ACE DEVELOPMENTS (February 09, 1998)
Norman Bracht appointed director. John Miller appointed senior advisor to the board.
Samax hits new gold vein in Ghana
Samax Gold (SMX-T) has identified a gold-bearing vein system on its 65%-owned Nkroful property in Ghana, West Africa.Drilling along a 300-metre-long portion of the Bokrobo vein system, called the Main…
PEOPLE — INDO METALS (February 09, 1998)
A. Terrance McGibbon appointed director.
PEOPLE — ROCKWELL
W. Glen Zinn appointed director.
PEOPLE — OLYMPIC (February 09, 1998)
Robert Martin appointed director.
PEOPLE — OLIVER GOLD (February 09, 1998)
Patrick Downey appointed director.
PEOPLE — INT’L JAGUAR
James Disher appointed director.