EXPLORATION – The Buchans Deal
Altius Minerals — Billiton can earn up to a 70% interest in 127 claims by spending $1.3 million and making a cash payment of $200,000Buchans River — Billiton can earn up to a 70% interest in 819 cla…
News
EXPLORATION – WPG finds high-grade copper
A trenching program by Western Pacific Gold (WPI-A) has resulted in a high-grade copper discovery at the Hambusimaloso project in the Solomon Islands.Ten continuous channel samples, which were excavat…
EXPLORATION — Samira drilling exceeds expectations
Stepout drilling at the advanced Samira gold project in Niger has extended the Main zone another 50 metres along strike.Etruscan Resources (EET-T), which owns a 90% interest in the project, says each …
EXPLORATION – NEWS ROUNDUP — Mishi Creek slated for drilling
Though best known for its gold projects in Quebec’s Urban and Barry twps., Murgor Resources (MUG-M) says more work is planned to test its Mishi Creek gold property in the Mishibishu area of northweste…
Meetings (November 30, 1998)
Nov. 30, Abcourt Nov. 30, Calais Nov. 30, Cons. Richland Nov. 30, Findore Gold Nov. 30, Founder Nov. 30, Golden Hemlock Nov. 30, Jantri Nov. 30, Pure Gold Nov. 30, Riverdance Nov. 30, St. Elias Nov. 3…
MINING MARKET & INVESTMENT NEWS – INSIDER TRADING — Agnico-Eagle execs come alive
According to insider trading transactions reported by the Ontario Securities Commission in its OGS Bulletin, eight executives of Agnico-Eagle Mines (AGE-T) purchasing shares in that company in October…
EXPLORATION – GeoNova, Inmet revise Chevrier deal
GeoNova Explorations (GNE-M) and Inmet Mining (IMN-T) have reworked a 1995 agreement which provided the former with an option to acquire the latter’s Chevrier gold project near Chibougamau, Que.Under …
SPOT PRICES (November 30, 1998)
Wednesday November 25, 1998Price (US)Week’s ChangeGold*$296.20+$1.80Silver*$ 4.92…
Cameco cuts back production
In response to persistently low uranium prices, Cameco (CCO-T) plans to reduce uranium production from the Key Lake and Rabbit Lake operations in Saskatchewan.At the same time, uranium conversion serv…
EXPLORATION – Dianor picks up more ground
Dianor Resources (DOR-M) has acquired four mining properties and an exploration permit in the James Bay area of Quebec from privately held Ressources Aurter.The five areas, totalling 7,460 ha, were ac…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Argentina heats up as Labrador’s juniors languish
The Vancouver Stock Exchange composite index slipped below the 400 mark, losing 11.27 points to finish the report period ended Nov. 24 at 389.76. The mining index followed suit, dropping 2.1 points to…
TVI refines plans for Canatuan
Management of TVI Pacific (TVI-T) is scaling back production plans for the Canatuan polymetallic project on the Philippine island of Mindanao.About a year ago, TVI was drawing up plans to mine Canatua…