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…
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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(…
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…
Robex options new property
In a move that places it in a historic Mexican mining region, Robex Resources (RBX-M) has inked a deal to buy the Vianey mine property in Guerrero state, southwest of Mexico City, from LMX Resources (…
Partners expand Bongara
Denver — Drilling by the Australian company Pasminco has encountered significant mineralization in nine of 16 holes at the Bongara zinc project in northern Peru.Bongara is a joint venture between Pas…
Opawica-Barrick deal revised
Once again, Barrick Gold (ABX-T) and Opawica Explorations (OPW-T) have revised their agreement on the Valle del Cura and Santa Cruz properties in the Argentine Andes.The new deal sees Barrick take ove…
Breakwater remains profitable
Zinc miner Breakwater Resources (BWR-T) continues to post profits as it carries out an ambitious corporate growth plan.For the first nine months of 2000, Breakwater reported earnings of $15.9 million …