Feasibility positive for Minera’s Ivan
Results of a feasibility study on the Ivan copper project in northern Chile justify a positive production decision, says owner Minera Rayrock (TSE). If the initial cash cost is US$20 million and opera…
News
New autoclave officially opened at Campbell mine
Gold producer Placer Dome (TSE) officially opened its new pressure oxidation plant at the Campbell mine near Red Lake, Ont., on Oct. 3. The new autoclave facility will provide a major environmental bo…
Drifting ongoing at Sleeping Giant
Drifting which began in July continues on the 770-, 970- and 1,360-ft. levels at the Sleeping Giant gold project north of Amos, Que., to test the continuity of mineralized areas 1,000 ft. north of the…
Gold Hawk options Ontario property
Consolidated Gold Hawk Resources (ASE) reports optioning a gold property in Rickaby Twp. in the Beardmore-Geraldton area of northwestern Ontario. Surface sampling has been encouraging; the company say…
Dryden completes drilling on QC property near Iskut
A recent drill program by Dryden Resource (VSE) returned encouraging results from both a gold- quartz vein system and a porphyry copper-gold system on the QC property in northern British Columbia. Dry…
Freeport seeks to extend mining contract in Indonesia
A new contract of work being negotiated with the Indonesian government would allow Freeport Indonesia, a subsidiary of Freeport-McMoRan Copper & Gold (NYSE) of Louisiana, to mine and explore a large a…
NO HEADLINE (October 14, 1991)
PRODUCER PRICES ALUMINUM: MW U.S. market US54.25-55.50 cents per lb. (Sep. 26, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep…
Drill results from SMC zone
Assay results were released by Adrian Resources (VSE) for the first four holes drilled to test the SMC zone discovery on the Sky Creek property in the Iskut River region of northwestern British Columb…
Kaiser aims to end legal issues stalling Madeleine project
Patrick Sheridan’s much publicized bid to bring the Lac des Iles palladium-platinum project into commercial production single-handedly ended recently when he resigned as president and director of Made…
Swift explores Eskay claims
Ron Netolitzky was recently named as technical adviser on Swift Minerals’ (VSE) properties in the Eskay Creek region of northwestern British Columbia. Swift can earn a 50% interest in four claim block…
Arimathaea sells Mid-East stake
Toronto-based Arimathaea Resources (TSE) recently sold its 19.9% stake in Australian company Mid-East Minerals at an average of just over A30 cent per share, resulting in a net profit of US$990,000. T…
NEWS IN BRIEF (October 14, 1991)
Tandem Resources (ME) reported increasing its interest in North American Rare Metals (ME) to 28.5% by purchasing 770,000 shares on the open market.