An agreement between Denver-based WM Mining and World Wide Minerals (WWS-T) will give the latter a majority interest in the Dornod uranium mine in Mongolia.World Wide can earn WM’s 58% interest in Cen…
Partners Mango Resources (MRH-V) and Hyder Gold (HGI-V) have released results from a diamond drill program at the Banyumas property in central Java, Indonesia.Comprising 29,620 ha, the property lies 3…
Wednesday, July 2, 1997Price (US)Week’s ChangeGold*$331.45- $7.25Silver*$ 4.65…
Aluminium: LME settlements US$1,575 per tonne, alloy $1,416 per tonne (July 1/97).Antimony: Composite free market, US$2,050 per tonne (July 1/97).Bismuth: Composite free market US$3.90 per lb. (June 2…
The success of the Eskay Creek gold-silver mine, north of Stewart, B.C., has prompted operator Prime Resources Group (PRU-T) to option a nearby property considered to have potential to host similar de…
To say this has not been a good year for junior companies exploring mineral prospects in Indonesia would be the ultimate understatement. The onset of spring saw the Busang gold deposit dissolve into t…
Etruscan Enterprises (EET-T) has discovered a new source of gold mineralization on the Tiawa concession in Niger, West Africa.The junior discovered the Boulon Djounga West zone while trenching a coinc…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJuly 1June 30June 27June 26Ju…
Cornucopia Resources (CNP-T) has poured its first gold at the Mineral Ridge mine near Tonopah, Nev.The company put the operation on the fast-Track after receiving permits and approvals in July 1996. W…
The cost of operating gold mines in the Western World in 1996 fell to US$250.70, down US$2.50 from $253.2 per oz. in 1995, according to a survey conducted by Sydney-based AME Mineral Economics.Average…
A second phase of drilling on the Intidougou gold project in western Burkina Faso is returning encouraging results for equal partners Orezone Resources (ORZ-M) and Geomaque Explorations (GEO-T).The pr…
Rouyn-Noranda, Que.-based Coleraine Mining Resources (CRI-M) has confirmed the presence of two gold-rich zones on the Perron property, 12 km west of Normetal in northwestern Quebec.The first phase of …
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