Indochina finances copper mine
Vancouver-based Indochina Goldfields (ING-T) and a mining enterprise owned by the Myanmar government plan to develop their jointly held Monwya copper mine complex in that country’s north-central regio…
News
Altavista moves Santa Anna to feasibility — Geologists struggle to decipher pattern of gold mineralization
Step by step at its Santa Anna property, Montreal-based Altavista Mines (AIA-) is developing what may become Quebec’s next new gold mine.The property is situated 15 km west of La Sarre, close to the O…
GLOBAL SEARCH FOR GOLD — Sunshine buys Argentine property
Though best known for its silver projects in the United States and Argentina, Sunshine Mining & Refining (SSC-N) is busy exploring a new gold property in Chubut province of southern Argentina.The gold…
THE GLOBAL SEARCH FOR GOLD — Queenston looks where others did not in Kirkland Lake
Many Canadian exploration companies have gone to the ends of the earth for gold, bringing back tales that gave the market a taste for the exotic.Investors were less excited about companies like Queens…
GLOBAL SEARCH FOR GOLD — Glenmore, William among Canadian companies attracted by Finland’s amended mining laws
Like many countries with vast mineral potential, Finland has revised its mining laws to encourage greater foreign investment in mineral exploration and development.The Finnish Mining Act and Mining De…
Voisey’s Bay delayed by one year
Initial nickel, copper and cobalt production from the Voisey’s Bay mine and mill facilities will be delayed by at least one year, or until late 2000 at the earliest, Inco (N-T has announced.Speaking a…
GLOBAL SEARCH FOR GOLD — Amax options
California gold prospectAmax Gold (AU-N) has acquired an option from Royal Gold (RGLD-Q) for that company’s Long Valley gold project in California.Due diligence to be conducted by Amax will include ab…
GLOBAL SEARCH FOR DIAMONDS — BHP on track at NWT Diamonds project
With construction 40% complete and progressing well, operator BHP Minerals reports that the NWT Diamonds project is expected to be completed on time and within budget.The company has a 51% interest in…
GLOBAL SEARCH FOR GOLD — Patrician, JCI explore Homasi property
South African-based JCI has formed a joint venture with Patrician Gold Mines (PXX-A) to explore the Homasi property in Ghana.JCI will earn 60% of Patrician’s 90% interest in the property by spending $…
PRODUCER AND DEALEAR PRICES
Aluminium: LME settlements US$1,653 per tonne, alloy $1,455 per tonne (Sept. 23/97).Antimony: Composite free market, US$1,910 per tonne (Sept. 23/97).Bismuth: Composite free market US$3.40 per lb. (Se…
GLOBAL SEARCH FOR GOLD — KWG augments holdings in Russia
Montreal-based KWG Resources (KWG-T) has acquired a half interest in the Mnogoverchinny (MG) gold mine in far eastern Russia.Situated in the Khabarovsk region, the mine contains proven and probable re…
Sahelian sees potential at Poura GLOBAL SEARCH FOR GOLD — Summer drilling marks turning — point in quest for Damoti gold — Company seeks to expand resource in deep drilling program
A work program by Sahelian Goldfields (SHGI-C) is adding to the resource potential of the Poura mine, a past producer of more than 600,000 oz. gold in Burkina Faso, West Africa.The company says recent…