With a positive prefeasibility study in hand, Messina Diamond (MSC.U-T) plans to continue with sampling programs in order to complete a bankable feasibility study for its Liqhobong diamond project in …
A fourth-quarter loss and greatly reduced profits have caused Inco (N-T) to step up the pace of its restructuring program.The giant nickel miner reported a loss of US$4 million for the last three mont…
I was disappointed that no reference was made to Huckleberry Mines in your article “New Mines Open in 1997” (T.N.M., Jan. 5-11/98).The Huckleberry mine, which is owned 60% by Princeton Mining and 40% …
Soil-sampling and mapping programs are under way at the 7,000-sq.-km Bui area licences in central Ghana, reports Birim Goldfields (BGI-T).The Montreal-based junior has focused its efforts on Birimian …
Aluminum: LME settlements US$1,503.50, alloy US$1,319.50 per tonne (Feb.3/98).Antimony: Representative mid-market US$1,735 per tonne (Feb. 3/98).Bismuth: Representative mid-market US$3.50 per lb. (Feb…
The Edwards gold mine produced 30,412 oz. gold and 3,678 oz. silver in its first year of commercial production, reports 100%-owner VenCan Gold (VCG-M).Situated near Wawa in northwestern Ontario, the m…
Results from the first round of drilling are adding sparkle to the Joya del Sol (Jewel of the Sun) gold-silver project in southern Argentina.Sunshine Mining & Refining (SSC-N) has completed 41 shallow…
Montreal-based Murgor Resources (MUG-M) has entered the first phase of drilling at its Dorset gold property, near Mishubishu Lake in northwestern Ontario.The program is expected to total 1,500 metres,…
The induction ceremonies for the ninth annual Canadian Mining Hall of Fame, held recently at Toronto’s Royal York Hotel, paid tribute to six inductees whose careers showed not the importance of mining…
A plan put forward by Quebec’s ministry of natural resources to revise the provincial mining act is drawing criticism from two of the province’s prospectors associations.Amendments being proposed unde…
The Vancouver Stock Exchange composite index added 2.07 points, or 0.3%, to close at 596.13 over the report period ended Jan 27. The mining index also finished on an up-note, gaining 5.45 points, or 1…
Gold Funds as of January 22, 1998BGRCentralNet Value$14.67$6.21Price$11.40…
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