Farallon hits pay dirt at Campo Morado
At its Campo Morado property in Mexico, Farallon Resources (FAR-V) has uncovered a new, metals-rich massive sulphide deposit.Dubbed South Naranjo, the deposit was discovered during a drill campaign on…
News
Quebec releases new geological maps
Quebec’s ministry of natural resources has published 20 new geological maps based on geographical information system (GIS) technology.The System d’information Gominiere a rfrence spatiale (SIGOM) will…
Busang deal still awaited
The Busang gold deposit in Kalimantan continues to interest major mining companies, despite uncertainty related to the status of negotiations between the deposit’s owner, Bre-X Minerals (BXM-T), and s…
NWMA annual meeting underscores exploration strengths in North America
The current success of the mineral industry in the U.S. would not be possible were it not for the co-operation of Canadian financial institutions, according to Douglas Silver, a mineral economist with…
MOST ACTIVE ISSUES, Dec. 4-10
ExchgVol(000s)CloseBre-X MnrlsT1292420.65TVX Gold IncT…
ODDS’N’SODS — The end of the road
In 1961, I moved from a small town in Nova Scotia to the vibrant community of Red Lake, Ont.On my first morning on the job at the Madsen Red Lake gold mine, I was sent into town to receive a chest X-r…
MEMS prepares for annual conference
The Mineral Economics and Management Society (MEMS) will hold a conference from Feb. 27 to March 1 in Boulder, Colo.Speakers scheduled to address the conference include: Robert Waline of the Environme…
USGS offers CD-ROM packages
The U.S. Geological Survey has compiled a set of eight computer software packages previously released by the now-defunct Bureau of Mines.The software, available on CD-ROM, includes prefeasibility spre…
Calgary to host international coal conference in 1997
The International Committee for Coal Research will host a conference from Sept. 9 to 12, 1997, in Calgary, Alta.The session will examine the latest developments in the production, transportation and u…
DIAMOND NEWS ROUNDUP — Sonora Gold to buy out diamond royalty
A private placement has provided proceeds of $5 million for Sonora Gold (SON-T), a junior company which, through subsidiaries, owns and operates a diamond mine in South Africa.The company will use the…
DIAMOND NEWS ROUNDUP — AmCan Minerals boosts African holdings
The recent acquisition of Armsec International provides AmCan Minerals (AMF-V) with additional diamond properties in Sierra Leone and Liberia.The acquisition also includes mining equipment valued at $…
Aurizon’s Douay program under way in Quebec
Work has started at the Douay West gold project in northwestern Quebec, where Aurizon Mines (ARZ-T) is earning a half interest from Vior Mining Exploration (VIO-M).A 6-km access road from Highway 109 …