To say this has not been a good year for junior companies exploring mineral prospects in Indonesia would be the ultimate understatement. The onset of spring saw the Busang gold deposit dissolve into t…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJuly 1June 30June 27June 26Ju…
A second phase of drilling on the Intidougou gold project in western Burkina Faso is returning encouraging results for equal partners Orezone Resources (ORZ-M) and Geomaque Explorations (GEO-T).The pr…
Cornucopia Resources (CNP-T) has poured its first gold at the Mineral Ridge mine near Tonopah, Nev.The company put the operation on the fast-Track after receiving permits and approvals in July 1996. W…
The cost of operating gold mines in the Western World in 1996 fell to US$250.70, down US$2.50 from $253.2 per oz. in 1995, according to a survey conducted by Sydney-based AME Mineral Economics.Average…
By teaming up with Alcaston Mining of Australia, Poplar Resources (PPX-V) will acquire additional financial and technical clout as it searches for diamonds in northern Sweden.The companies plan to com…
Construction work and pre-stripping of the Panda pit are under way at the NWT Diamonds project near Lac de Gras.The project is being developed by a unit of BHP Minerals, which holds a 51% interest in …
The June 25-30 trading period saw the Toronto Stock Exchange coast downhill in advance of the July 1 national holiday. Over three days of moderate trading and one day of light action, the TSE 300 comp…
Demand for platinum in 1996 rose by 40,000 oz. to 4.9 million oz., led by increased industrial use and the manufacture of jewelry in the U.S. and China, according to a report published by British-base…
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The Edwards gold mine near Dubreuilville, Ont., will make $5.5 million in profits by the end of August, reports VenCan Gold (VCG-M).Net profits from the mine, which is operated by River Gold Mines (RI…
Shareholders of Delgratia Mining (DELGF-Q) are finding more questions than answers in a report examining recent work at the company’s Josh property in Nevada.The audit, performed by consulting enginee…
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