Westmin reports third-quarter loss
Lower copper prices and higher operating and exploration costs contributed to a $6.2-million loss for Westmin Resources (WMI-T) during the third quarter.The loss (equivalent to 12 cents per share) com…
News
Ambrex to start work program at Trairao in Brazil
With a preliminary resource figure calculated at its Aripuana project in Mato Grosso state, Brazil, Ambrex Mining (AMBX-C) is preparing to start work on a second prospect, the Trairao property.Trairao…
New results add more sparkle to Diavik diamond play in N.W.T.
Partners Kennecott Canada and Aber Resources (ABZ-T) continue to generate enthusiasm at their Diavik diamond project near Lac de Gras in the Northwest Territories.The final processing of a total 2,585…
Miners mark banner year in 49th state
The mood was upbeat at the annual general meeting of the Alaska Miners Association, held here recently — and little wonder: Exploration and development expenditures in the state reached a new high in…
Ursa Major tests Koktasjal copper-gold deposit
New diamond drill results continue to confirm gold grades at the Koktasjal copper-gold porphyry deposit in central Kazakhstan, reports Ursa Major International (URSA-C).Based on drilling carried out i…
Hecla to shut down Grouse Creek mine
Having been deemed uneconomic at current gold and silver prices, the Grouse Creek mine will be closed next year.Operator Hecla Mining (HL-N), which owns 80% of the Idaho project, is currently mining o…
KazMinCo advances gold-copper deposits
A prefeasibility study is expected by year-end for the Varvarinskoye gold-copper deposit in northern Kazakhstan, reports operator Kazakhstan Minerals (KMC.U-T).The company, also known as KazMinCo, has…
High River raises funds for gold projects in Siberia
The Russian gold mining company Buryatzoloto and its partial owner, High River Gold (HRG-T), have arranged financing to develop three gold mines in Buryatia, Siberia.The mines, known as Zun-Holba, Bra…
PEOPLE — MINDORO
Rodney Orr appointed vice-president of investor relations.
PEOPLE — CALLIOPE METALS (November 18, 1996)
Gavin Becker appointed president and chief executive officer.
PEOPLE — ATAPA MINERALS (November 18, 1996)
Ronald Smith appointed director.
Tri Origin resumes Australian drilling
Junior Tri Origin Resources (TOE-T) has begun a 10,000-metre drill program on its fully owned Lewis Ponds polymetallic property in New South Wales, Australia.The program is intended to expand resource…