Mineral Res. commissions asbestos project
British Columbia is once again an asbestos-producing province.Mineral Resources (MIC-T) has commissioned the Cassiar chrysotile asbestos project in northern B.C. Because the project was a few months l…
News
Macraes scales back expansion at New Zealand’s largest mine
Dunedin, New Zealand — The slump in gold prices has curtailed the expansion plans of Macraes Mining, owner and operator of New Zealand’s largest gold mine, some 60 km from this city in the eastern Ot…
Martha poised for expansion
Waihi, New Zealand — Tourists passing through this scenic community on the North Island are told that the most popular attraction is the Martha mine, a historic gold producer once known as Martha Hil…
TVX closes financing
The proceeds of a recently completed US$180-million financing will be used by TVX Gold (TVX-T) for general working purposes and project development.The financing syndicate was led by the Chase Manhatt…
Venezuelan court upsets Gold Reserve
A ruling by the Venezuelan Supreme Court suspending the issuing of mining concessions in the Imataca Forest Preserve could frustrate Gold Reserve (GLR-T) in its efforts to obtain hardrock mineral righ…
EXPLORATION ROUNDUP — Inmet, Altavista drill at Wild Mick
Partners Inmet Mining (IMN-T) and Altavista Mines (AIA-M) have intersected gold and silver mineralization at the Wild Mick property in central Zimbabwe.Seventeen holes, totalling 3,996 metres, were dr…
LME WAREHOUSE LEVELS (December 01, 1997)
Metalstocks (in tonnes) held in London Metal Exchange warehouses at Nov.24/97 (change from previous week in brackets):MetalStock(tonnes)Change…
Nelson sustains Tajikistani output
Nelson Gold (NLG-T) has maintained production levels at its partially owned Jilau gold mine in Tajikistan while decreasing its losses in the third quarter.The company is also a partner in the Taror co…
PEOPLE — LUZON (December 01, 1997)
Hans Schwabl appointed president.
PEOPLE – LUCERO
Wayne Shaw elected director.
PEOPLE — LA TEKO (December 01, 1997)
Stuart Havenstrite elected director.
Student research grants available from SEC
The Colorado-based Society of Economic Geologists (SEG) has announced that research grants totalling US$40,000 will be available to students in 1998.The grants will be made available, under three sepa…