Commissioning continues at Alumbrera
Commissioning of the Bajo de la Alumbrera copper-gold mine in northwestern Argentina is on schedule and on budget, reports Rio Algom (ROM-T).The company and its partners expect commercial production t…
News
SPOT PRICES (February 09, 1998)
Wednesday, February 4, 1998Price (US)Week’s ChangeGold*$295.20- $3.05Silver*$ 7.05…
Meetings (February 09, 1998)
Feb. 9, Canadian OverseasFeb. 9, WilanourFeb. 10, Cotton ValleyFeb. 11, AndersonFeb. 11, Blackwater GoldFeb. 11, East IndiesFeb. 11, Premier MineralsFeb. 12, American BullionFeb. 12, Columbia YukonFeb…
TORONTO STOCK EXCHANGE INDICES (February 09, 1998)
1998Feb.3Feb.2Jan.30Jan.29Jan.28HighLowComposite…
GeoNova pulls gold
More than half of the holes sunk by GeoNova Explorations (GNE-M) at its Chevrier property near Chibougamau, Que., have intersected gold mineralization.The company sank 18 holes (4,275 metres) during a…
Banro boosts resources
Banro Resource (BNRS-C) has revised its resource estimates for the Twangiza and Namoya gold deposits in the Democratic Republic of Congo’s Kivu province.At Twangiza, the updated resource stands at 104…
Index (February 09, 1998)
CareersClassifiedCommentaryDiamond PageDrillersEditorialGeology 101Letter to the EditorMetal PricesPeopleProfessional DirectoryStock MarketSubscription Services…
NEWS IN BRIEF (February 09, 1998)
Continental Pacific Resources (CXF-V) has changed its name to Northern Continental Resources (NCR-V) on a 1-new-for-8-old-share basis.
Blue Emerald drills gold prospect
Drilling by Blue Emerald Resources (BER-V) is testing the Las Flores zone and other gold targets at the Quebrada de Oro project in northwestern Nicaragua.Las Flores, a stratabound zone, has been trace…
Sampling continues at Edwards
The Edwards gold mine produced 30,412 oz. gold and 3,678 oz. silver in its first year of commercial production, reports 100%-owner VenCan Gold (VCG-M).Situated near Wawa in northwestern Ontario, the m…
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…
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…