Yamana drills targets in Argentina
Drill results from the Microonda epithermal gold property in Argentina are proving consistently encouraging for Yamana Resources (TSE) and Noranda Mining & Exploration (a unit of Toronto-listed Norand…
News
Santa Catalina plans work in Mexico
With an option on the Pilar gold property in Mexico now in place, Santa Catalina Mining (VSE) is making exploration plans.The property lies 177 km southwest of Hermosillo in Sonora state, and Santa Ca…
Records set in 1995 for world gold markets
The latest update on the gold market by Gold Fields Mineral Services indicates that new records were established in 1995.On the demand side, fabrication and bar-hoarding accounted for some 3,550 tonne…
Study evaluates cancer risks for nickel miners
A McMaster University study has shown that certain workers in Ontario’s nickel mines and mills are more likely to contract various respiratory-tract cancers than the rest of the population.The United …
Luncheon to shed light on Highland Valley Copper
On Jan. 25, a talk on “Highland Valley Copper: Past, Present and Future” will be given at the Stanley Park Pavilion in Vancouver, B.C.The Vancouver branch of the Canadian Institute of Mining, Metallur…
TVI Pacific narrows sights in Mindanao
In a year dominated by news from its porphyry copper and massive sulphide projects in the Philippines, TVI Pacific (TSE) has been making slow but steady progress in its search for epithermal gold in t…
Cartaway, Peruvian resume drilling
Drilling on the southern margin of the Harp Lake Intrusive Complex in Labrador was expected to have resumed by presstime.Vancouver-listed partners Cartaway Container and Peruvian Gold report that thre…
Cominco drills SW Gold’s Peruvian properties
Delayed by road construction, a 9-hole drill program is expected to begin later this month on the high-grade Accha zinc-lead property in Peru.Cominco (TSE) can earn an initial half interest in the pro…
BHP takes control of Magma
Having cleared the anti-trust hurdle with the U.S. government, BHP (NYSE) is proceeding with its merger with Magma Copper (NYSE).In early January, the Australian miner completed a tender offer for a m…
ODDS’N’SODS — Is there a doctor in the bush?
Medical services were well-planned during the gold rush to Ontario’s Red Lake camp in 1926. There were a doctor and two nurses, who operated out of a small tent hospital in town, as well as two Red Cr…
DIAMOND NEWS ROUNDUP — Mountain Lake gets prospecting nod South Africa’s mines ministry has approved the diamond prospecting rights of Mountain Lake Resources (VSE) on its Mooi River properties.
Alluvial mining in the Mooi River Basin has produced more than 250,000 carats of gem-quality diamonds to date, worth in excess of US$100 million at current prices.A small test excavation on Mountain L…
CORRESTIONS
Newmont Gold’s partner at the Leeville Corridor is High Desert Mineral Resources of Nevada. Barrick Gold recently purchased the private company, which holds a 40% interest in the property. Vancouver-l…