Peruvian engineers convene
Peruvian mining engineers will convene in San Diego, Calif., from Sept. 23 to 26. The theme will be mining’s contribution to social development.The conference provides a forum for debating issues rela…
News
Comsur eyes Don Mario (September 24, 2001)
Vancouver — The long and winding road to development of the Don Mario gold-silver-copper project may be on its final stretch, following the signing of a definitive agreement between Bolivia’s largest…
Radius fails to deliver at Bridge
Reverse-circulation drilling on a third gold target at the Tambor project in central Guatemala has again failed to match surface values for Radius Explorations (RDU-V).In response to the latest drill …
Novagold tags the high grade at Donlin (September 24, 2001)
Vancouver — The first five holes in an ongoing drill program by Novagold Resources (NRI-T) have confirmed the high-grade nature of the Acma target on the 13-million-oz. Donlin Creek gold deposit in s…
Martha mine thaws out
Following a two-month shutdown caused by unusually severe winter conditions, mining has resumed at Yamana Resources’ (YRI-T) high-grade Martha underground silver mine on the Bacon property in the sout…
SouthernEra completes Messina financing (September 24, 2001)
Messina, a 70.4%-owned subsidiary of SouthernEra Resources, (SUF-T) has satisfied all conditions for a R345-million (US$40-million) loan to construct the Messina platinum-group-metals (PGMs) mine in S…
Trans Hex tests second target
Denver — A make-or-break exploration program by Trans Hex International (THI-T) is under way at the Barra Grande alluvial diamond project in Brazil.The junior is earning a 50% interest in the project…
Russians step up pressure on Archangel
Denver — LUKoil, Russia’s largest oil company, is pressuring Archangel Diamond (AAD-V) to sign a document terminating all rights to the Verkhotina diamond licence in northern Russia.Archangel was giv…
Dianor investigates anomalies (September 24, 2001)
Dianor Resources (DOR-M) has begun field work over 14 airborne magnetic anomalies in the James Bay region of Quebec.The anomalies are clustered in a 100-sq.-km area, within granitic terrain near sever…
Mustang, Falco join forces
Vancouver — Mustang Minerals (YMU-V) has joined forces with Falconbridge (FL-T) to explore for diamonds in the Marten River area, near North Bay, Ont.Mustang has obtained a half-stake in the Marten R…
Sudbury Contact drops Tonkin Springs (September 24, 2001)
Denver — Sudbury Contact Mines (SUD-T) has withdrawn from the Tonkin Springs joint venture in central Nevada, citing poor exploration results.The company, which was earning a 60% stake in the project…
MZ Lake yields diamonds
Vancouver — Three of the four near-surface, sub-parallel kimberlite sills cut by De Beers Canada Exploration in the MZ Lake area have returned varying amounts of microdiamonds.The major hit the sills…