Border-crossing pact augurs well for Pachon
The Pachon project in Argentina has received both a statistical and logistical boost.A new calculation by Cambior (CBJ-T) has augmented the proven and probable reserve total by 28%, to 882 million ton…
News
N. Orion bullish on Argentine play
Assays from five infill holes at the Agua Rica porphyry deposit in Argentina continue to confirm earlier results.Situated in Catamarca province, the deposit is being explored by a 30-70 joint venture …
PEOPLE — WESTWARD EXPL. (January 20, 1997)
John McAdam appointed vice-president of exploration.
PEOPLE — ROCHESTER (January 20, 1997)
Philip Walsh appointed president, chief executive officer and director.
Santa Fe plans talks with Newmont
In a response to a second bid from Newmont Mining (NEM-N), Santa Fe Pacific Gold (GLD-N) has agreed to sit down and begin negotiations about a business combination between the two companies.Newmont of…
PEOPLE — MASSEY MERCANTILE
Stephen Zacher appointed director.
DIAMOND NEWS ROUNDUP — Lytton raises funds for N.W.T.
Lytton Minerals (LTL-T) is undertaking a private placement of 2 million common shares at a price of $3.00 per share.Proceeds will be used to finance ongoing diamond exploration and development program…
PEOPLE — EVEREST
Bruce Bragagnolo appointed director.
LETTER TO THE EDITOR — Miranda name may result in confusion
Miranda Industries is not the same company as Miranda Mining & Development, which is the company referred to in your issue of Dec. 30, 1996 (“Mexico sizzles for Miranda, Teck”). It is unfortunate that…
LME warehouse levels (January 20, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.13/97 (change from previous week in brackets):Aluminium968,500(+11,125)Copper131,475(-3,225)Lead117,650(-750)Nickel47,90…
MOST ACTIVE ISSUES, Jan. 8-14
ExchgVol(000s)CloseMaymac ExpV29930.43Placer DomeT…
Fairstar releases results from Amantin
A first phase of diamond drilling on the Benso concession in Ghana has identified a gold-bearing shear zone underlying the Amantin prospect.Fairstar Explorations (FFR-M) conducted the 5-hole, 1,800-me…