News Roundup (October 23, 2000)
Southern Rio explores Santo TomasSouthern Rio Resources (SNZ-V) has launched a geophysical exploration program at its Santo Tomas copper prospect in northern Chile, 160 km southeast of the port of Iqu…
Articles by Northern Miner Staff
Luicho drill results clobber Pacific Rim
Results from the first 19 holes drilled on the highly touted Luicho prospect in southern Peru indicate that the gold mineralization is confined to only a portion of the upper sandstone unit in the Cen…
Valerie to drill Tajos de Oro project
Limited drilling is planned for Tajos de Oro, a gold-silver property near Nayarit, Mexico, under investigation by Valerie Gold Resources (VLG-V).As part of a first-phase due-diligence program, Valerie…
Gitennes faces legal hurdle at Virgen
A dispute between Cambior (CBJ-T) and the original owners of the Virgen gold property in Peru has created a stumbling block for Gitennes Exploration (GIT-T).In February, Cambior terminated its option …
Anaconda awaits scoping study for Magistral project
Anaconda Peru has completed the final four holes of a 26-hole, 8,500-metre drill program at the Magistral copper-molybdenum porphyry/skarn deposit, held by Inca Pacific Resources (IP-V).With this year…
Western Copper, partner drill in Zacatecas
Partners Western Copper Holdings (WTC-T) and Peruvian-based Mauricio Hochschild & Cia have launched a 3,700-metre, 12-hole drill program at their Penasquito silver-lead-zinc-gold property in Mexico’s …
Dia Met, Ekati stake put on block
Dia Met Minerals (DMM-T) and its 29% interest in Ekati, Canada’s first and only diamond mine, are up for sale.The company’s board of directors made the announcement after being advised by two major pr…
LME Warehouse Levels (October 23, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 17/00 (change from Oct. 10 in brackets):MetalStock(tonnes)ChangeAluminium343825(…
Manhattan’s Tambo Grande takes shape in northern Peru
Combined, the TG-1, TG-3 and B-5 precious-metal-bearing base-metal deposits in the Tambo Grande region of northern Peru rank among the world’s largest volcanogenic massive sulphide camps. And with tot…
New projects ensure Chile’s top-tier status
Although the pace of development has slowed since the mid-1990s, when several large copper mines entered production, new bulk-minable deposits are helping Chile maintain its position as the world’s la…
Producer and Dealer Prices (October 23, 2000)
Antimony: Mid-mkt US$1,730/t.Bismuth: Mid-mkt US$3.50/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$15.95-17.75/lb.Copper: Comex Dec. US$0.883/lb.Indium: In…
Golden Temple bags Mexican discovery
Vancouver-based Golden Temple Mining (GTM-V) has acquired a Mexican property covering a new massive sulphide discovery in a region not previously explored for this deposit type.The 3,198-ha Dios Me Ay…