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News
Pursuit trenches Mongolian skarn prospect
Following in the footsteps of a Soviet exploration crew in the 1980s, International Pursuit (IPJ-T) has confirmed a surface showing of gold mineralization at its Ulzit Gol licence area in west-Central…
Kemess project moves closer to production — British Columbia government and Royal Oak reach agreement
A formal agreement between British Columbia and Royal Oak Mines (RYO-T) will pave the way for development of a copper-gold mine in the province’s north-Central region.The company had been at odds with…
Companies reach deal in PNG
Australian-based Carpenter Pacific Resources has agreed to transfer to Mt.Kare Gold Resources a 10% free-Carried interest (to mine feasibility) in the Mt. Kare property, which is situated near the Por…
PEOPLE — HERA
Peter Jensen appointed director.
PEOPLE — QUARTERMAIN
Norman Burmeister and Norman Anderson elected directors.
EDITORIAL AND COMMENTARY — One-Two punch for Indonesian explorers — Apocalypse CoW
For companies exploring mineral projects in Indonesia, 1997 will be remembered as the Year of Living Dangerously.In April, junior companies holding ground near Bre-X Minerals’ Busang project were hamm…
PEOPLE — BREN-MAR
Stewart Jackson appointed director.
Correction (July 07, 1997)
In our June 30 issue, we incorrectly stated that Highland Pacific and its partner, Nord Pacific (NORPF-G), had secured financing for the Ramu nickel-Cobalt project in Papua New Guinea. In fact, financ…
Coal, copper operations win B.C. safety awards
Two coal mines and a base metal operation won prizes in three separate categories at a provincial mine rescue and first-Aid competition held in Prince George, B.C.Winners include the Tumbler Ridge min…
Madsen pours Red Lake gold
By August, Madsen Gold (MGF-T) expects to have achieved full commercial production of 500 tons per day at its namesake gold mine in the Red Lake district of northwestern Ontario.The junior says it is …
DIAMOND NEWS ROUNDUP — Archon signs deal for NCC property in NWT
A prospecting agreement with NCC Mining (NC-V) allows Archon Minerals (ACS-V) to earn a half interest in NCC’s DC property, 350 km northeast of Yellowknife, N.W.T.Airborne targets defined by Archon’s …