LATIN AMERICA — Maya reports discovery
Grab samples taken by Maya Gold (MAY-A) at its Casas Viejas concession in central Honduras indicate a zone of gold mineralization.The samples, 30 in all, outlined an area of chlorite schist-hosted min…
Articles by Northern Miner Staff
LATIN AMERICA — Production up at Velardena
Development at the Velardena mine of Ecu Gold Mining (ECU-M) continues apace, with the mill processing stockpiled ore.Throughput in the second quarter was 29,996 tonnes, up from 17,184 tonnes in the f…
LATIN AMERICA — Geomaque lowers costs at San Francisco mine
With year-to-date losses totalling a mere US$74,000, Geomaque Explorations (GEO-T) appears to be withstanding the industry downturn by keeping a close eye on costs at the San Francisco gold mine in no…
LATIN AMERICA — Golden Peaks targets veins in Argentina
Two Vancouver-based juniors, Golden Peaks Resources (GL-V) and Primo Resources (PRI-V), have teamed with Mitsubishi of Japan to explore for gold and silver in northwestern Argentina.The joint venture …
LATIN AMERICA — Black Hawk cutting costs at El Limon
An amalgamation with Triton Mining, executed earlier this year, has provided Black Hawk Mining (BHK-T) with a gold mining operation in Nicaragua and various exploration projects in Latin America, incl…
LATIN AMERICA — SX-EW takes hold in Latin American camps
In tough times for copper, big operations have to find refuge in low production costs. This is especially true of large porphyry copper projects, where low grades mean that big savings per tonne of or…
LATIN AMERICA — Gross Rosebel sits and waits for gold’s rebound
Although the Omai gold mine in Guyana is up and running, the comparable Gross Rosebel project in neighboring Surinam sits idle — a situation that can only be explained by bad timing.”We missed a wind…
LATIN AMERICA — Francisco Gold progresses at El Sauzal
With $38 million in the till and an $8-million exploration budget, Francisco Gold (FGX-V) has decided to focus its efforts on the El Sauzal gold deposit in northern Mexico.The deposit forms part of th…
LATIN AMERICA — Hecla Mining advances projects in Mexico, Peru
Idaho-based Hecla Mining (HL-N) has commenced drilling on two properties, in Mexico and Peru, while beginning exploration on a third, in Chile.Drills are turning at the Noche Buena property in the nor…
SPOT PRICES (August 31, 1998)
Wednesday Aug. 26, 1998Price (US)Week’S ChangeGold*$282.50-$3.25Silver*$ 4.97…
Kimberlite eludes partners
No kimberlite was found during recent diamond drilling on the Kikerk Lake project, 500 km north of Yellowknife, N.W.T.Condor International Resources (COD-V) completed 11 core holes totalling 549 metre…
Fort Knox plans work program for Gunsite project in Alaska
A mapping and sampling program is under way at the Gunsite property, 90 miles north of Anchorage, Alaska, at the northwestern end of the historic Palmer gold mining district.The project was recently a…