News

TVX to appeal ruling giving Alpha stake in Kassandra

Alan Lenczner has done it again. The legal hero of the Lac vs. Corona decision has successfully argued breach of fiduciary duty in another mining case, wresting a 12% interest in the Kassandra gold pr…


William tightens belt in Europe, South America

Mid-tier gold producer William Resources (WIM-T) is implementing an operating plan designed to trim its European output and suspend South American production.At its flagship Bjorkdal open-pit mine in …


Franco-Nevada picks up 25% of Inco VBN

Somebody, at least, is prepared to invest in nickel mining in Labrador: Franco-Nevada Mining (FN-T) has purchased just over 25% of the VBN shares of nickel producer Inco (N-T).The $50-million deal giv…





METAL PRICES (October 26, 1998)

BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateOct. 20Oct. 19Oct. 16Oct. 15…


Focal focuses on Nicaraguan properties

Focal Resources (FCJ-A) has completed a deal with High River Gold (HRG-T) to acquire three exploration properties in Nicaragua.The company now holds 100% interests in the Rio Siquia, Santo Domingo and…


Ottawa appoints valuator

Canada’s Department of Indian Affairs and Northern Development has appointed privately held Diamonds International Canada (Dican) as its official diamond valuator for the determination of federal and …


Rio Narcea expands search for Iberian gold

Drilling by Rio Narcea Gold Mines (RNG-T) has extended the known mineralization at the El Valle open-pit mine in northern Spain.Alberto Lavandeira, the company’s president, spoke at the Mining Investm…


Argentina Gold pulls hot values from Amable property

Argentina Gold (ARP-V) has tabled some impressive drill results from the Amable target on the Veladero project in San Juan province.Hole 80 returned 212 metres grading 3.67 grams gold and 47.71 grams …


General Minerals hunts for silver in western Bolivia

General Minerals (GNM-T) is returning to Bolivia, this time in search of silver.The Denver-based junior, known chiefly for its copper porphyry targets in Chile, has acquired 70.5 sq. km in the central…


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