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…
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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…
GLOBAL SEARCH FOR GOLD — Barberton camp struggles with low gold prices — Canadian companies ease up on once-promising projects
The cramped, creaky cage that lowers miners to the depths of Avgold’s Sheba mine is a potent reminder that the Barberton area of South Africa is one the world’s oldest gold camps. For more than 100 ye…
GLOBAL SEARCH FOR GOLD — Teck eyes gold project in Uzbekistan
Interfax News Agency reports that two Canadian companies are vying to become involved in the Amantaytau Goldfields joint venture, which was set up to mine the Amantaytau and Daugistau gold deposits in…
GLOBAL SEARCH FOR GOLD — European Gold tests the luck ‘o the Irish
Toronto-based junior European Gold Resources (EGRI-C), through its wholly owned subsidiary, Omagh Minerals, intends not only to open Ireland’s first modern-day gold mine, but also to market its produc…
GLOBAL SEARCH FOR GOLD — Junior explorers pin hopes on northern China — Southwestern Gold and Global-Pacific searching for gold
Partners Southwestern Gold (SWG-T) and Global-Pacific Minerals (GPJ-V) have agreed to explore a large land package in the southern part of China’s Inner Mongolia Plateau.The companies signed their agr…
Getchell boosts resource at Turquoise Ridge
Getchell Gold (GGO-X) has increased by nearly 1 million oz. the resource at its Turquoise Ridge gold deposit in northern Nevada.The boost, which weighs in at 990,000 oz., comes from two new mineralize…