Tulawaka reveals more gold
Partners Pangea Goldfields (PGD-T) and Minires du Nord (MDN-M) continue to report high gold values from their Tulawaka property in Tanzania’s Lake Victoria Goldfields district.Results from 15 holes i…
News
NEWS ROUNDUP — KEGS starts scholarship fund
The Canadian Exploration Geophysicists Society (KEGS) has established a scholarship fund for students interested in pursuing studies in geophysics.The KEGS Foundation is currently raising funds for bo…
NEWS ROUNDUP — Nuinsco resumes work at Lac Rocher
Drilling at the Lac Rocher property in northwestern Quebec is following up on a nickel discovery by Nuinsco Resources (NWI-T).The initial target of the current program is Anomaly A, an untested mafic-…
NEWS ROUNDUP — Antofagasta hits commissioning stage
Commissioning of the US$1.4-billion Los Pelambres mine in Chile is under way.British-based owner Antofagasta Holdings reports that ore is being fed into the concentrator, and copper concentrate is exp…
US coal miner slapped with fine for wastewater leak
Lone Mountain Processing has been fined US$1.6 million after pleading guilty in U.S. federal court for twice discharging water contaminated with waste from coal processing into Virginia waterways.The …
Junior options Wyoming platinum property
Trend Mining (TRDM-O) has optioned the Lake Owens platinum property in southeastern Wyoming from General Minerals (GNM-T).Trend can earn a 100% interest in 104 claims in Albany Cty. by spending US$750…
METAL PRICES, Daily Metal Prices (November 15, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateNov. 9Nov. 8Nov. 5Nov. 4…
Hebron Fjord finds anomalies
An airborne magnetic survey has identifed several anomalies at Hebron Fjord’s (HEF-M) gold-copper property in southern Peru.The anomalies occur along a northeasterly trending fault and cut across the …
Eldorado continues turnaround in latest quarter
A year ago, Eldorado Gold (ELD-T) was in the red to the tune of US$115.6 million (or US$1.58 per share) for the 9-month period ended Sept. 30. A vigorous cost-cutting program has pushed the Vancouver-…
DIAMOND PAGE — Nora ties up more ground in Namibia
Nora Exploration (NXI-M) is poised to earn a majority interest in 1,000 sq. km of marine concessions off the coast of Namibia.To earn an initial 30%, Nora must pay South African-based Woduna Mining Ho…
Royal Gold sees higher earnings
Thanks to higher gold prices and greater production from the Pipeline complex in central Nevada, Royal Gold (RGLD-Q) is enjoying higher earnings.The company returned to profitability in July, after co…
Silver Standard eyes Nevada silver mine
An agreement with a unit of Kinross Gold (K-T) sets the stage for Silver Standard Resources (SSO-V) to acquire the past-producing Candelaria silver mine in western Nevada.By issuing 50,000 shares to K…