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 …
News
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…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Argentina Gold glows in otherwise flat market
Western markets remained flat over the Oct. 14-20 trading period. The Vancouver Stock Exchange composite index remained virtually unchanged at 384.62, whereas the mining index dropped 3.12 points, or …
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — TSE rallies on lower interest rates, golds still sluggish
Falling U.S. and Canadian interest rates translated into significant gains for the Toronto Stock Exchange 300 index, with the broad market rising 5.9% over the report period Oct. 14-20 to end at 5,870…
Newmont anticipates boost at Yanacocha
Extensive drilling at Peru’s Yanacocha mine, South America’s largest gold mine, is expected to boost gold reserves considerably.The mine’s operator and 51%-owner, Newmont Mining (NEM-N), predicts that…
DIAMONDS — Chronology of Ekati
* 1983 — Chuck Fipke forms Dia Met Minerals.* 1989 — Fipke finds traces of diamond indicator minerals near Lac de Gras in the Northwest Territories. He proceeds to stake claims in the area.* 1990 –…
Zinc core delineated at Caber
Partners Southern Africa Minerals (SAF-T) and Noranda (NOR-T) have outlined a core of high-grade zinc mineralization in the Caber deposit, 25 km west of the Matagami mining camp in northern Quebec.Twe…
PEOPLE — Formation Capital (October 19, 1998)
Paul Saxton appointed director.
SUPPLIERS NEWS ROUNDUP — Dolbear expands Canadian presence
Denver-based mining consulting firm Behre Dolbear has opened an office in Vancouver, its second in Canada.James Currie, former president of Cornucopia Resources, was appointed vice-president in charge…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — A defensive strategy for accumulation
Bargain-hunting in the junior exploration business during hard times has proved to be a durable strategy for speculative investors. That the time appears to be right for this strategy, with many junio…