Drilling at Pino Andino disappoints
Recent drill results from the Pino Andino property in central Argentina’s Neuqun province have proved disappointing for Minera Andes (MAI-A).The program, which was designed to evaluate a zone of gold …
News
Western Copper plans Mexican drill programs
Western Copper Holdings (WTC-T) is set to resume diamond drilling on its central Mexican project known as El Salvador.Situated northeast of the city of Zacatecas, in the state of the same name, the pr…
CIM off to races
The Toronto branch of the Canadian Institute of Mining, Metallurgy & Petroleum will hold its annual social event at the Woodbine race track in Toronto on June 27.Tickets for the event, entitled “A Nig…
Wolverine adds to Lynx zone
Drilling on the Lynx zone at the Wolverine project in the Yukon has extended the zone 50 metres updip, to the south over a 200-Metre-long area.The thick, high-grade core of the Lynx zone thins updip t…
DIAMOND PAGE — DIAMOND NEWS ROUNDUP — Poplar eyes Irish diamonds
While Ireland is not widely known as being prospective for diamonds, the British Geological Society’s 1995 publication, The Potential for Diamonds in Britain, suggests that the pursuit of gems of the …
DIAMOND PAGE — DIAMOND NEWS ROUNDUP — United Reef commissions plant
The commissioning of a 30-Tonne-per-hour diamond recovery plant is proceeding on schedule at the Bamingui River property in the Central African Republic, reports operator United Reef (URP-T).The joint…
Metal Prices — Daily Metal Prices (June 23, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJune 17June 16June 13June 12J…
Tenke holds significant potential
Five of seven holes drilled at the Tenke Fungurume copper-Cobalt project in the Democratic Republic of Congo confirm the property’s potential for additional copper-Cobalt mineralization, Tenke Mining …
Taurus uncovers Panamanian porphyry
Seven of nine holes drilled at the Ipeti concession in Panama have intersected low grades of gold and copper mineralization.International Taurus Resources (ITS-V) says the results indicate the presenc…
Newmex plans merger with Santa Cruz
Subject to shareholder and other approvals, Santa Cruz Gold (SCG-T) and Newmex Mining (MEX-T) will amalgamate to form a new company to carry on business as Santa Cruz Gold.The proposed transaction cal…
LME Warehouse Levels (June 23, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 16/97 (change from previous week in brackets):Aluminium698,650(-19,425)Copper122,225(-5,900)Lead116,875(-675)Nickel51,1…
Gold Funds (June 23, 1997)
Gold Funds as of June 12, 1997BGRCentralNet Value$20.53$5.87Price$15.25$5…