CORRECTION (May 11, 1998)
In our April 13- 19 issue, the Boleo copper-cobalt-zinc project of International Curator Resources (IC-T) in Baja California Sur, Mexico, was quoted as having a cobalt grade of 0.89%. The correct grad…
News
Index (May 11, 1998)
CareersClassifiedDividendsDrillersEditorialFacts’n’FiguresFinancingsInsider TradingInvestment CommentaryMetal PricesMining Markets and Investment NewsOdds’n’SodsProfessional DirectoryQueryStock Market…
NEWS IN BRIEF (May 11, 1998)
Yukon Spirit Mines (YSM-V) has changed its name to GaineyResources (GRD-V) on a 1-new-for-7.4-old-share basis.
Wheaton River advances Bellavista — Prefeasibility study foretells of low cash costs
Wheaton River Minerals (WRM-T) is making a name for itself by acquiring underdeveloped gold properties and breathing new life into them through canny management and the introduction of low-cost heap-l…
Companies (May 11, 1998)
Abacus MineralsAfrican Selection MiningArchangel DiamondAur ResourcesBarrick GoldBolidenBreakwater ResourcesBre-X MineralsCaledonia MiningCambiorCimarron MineralsCondor Int’l ResourcesDia Met Minerals…
Clifton Mining receives Earth Day award
Clifton Mining has been selected as a 1998 Earth Day Award winner by the Utah Board of Oil, Gas and Mining, in recognition of the company’s reclamation work at its Herat mine in Tooele Cty.Clifton’s r…
FACTS ‘N’ FIGURES — Spending peak has passed
Spending on mineral exploration worldwide likely peaked in 1997, according to a report released by Halifax, N.S.-based Metals Economics Group.Entitled Corporate Exploration Strategies: A Worldwide Ana…
Cleanup plan gets nod
Boliden (BOL-T), whose Los Frailes mine was shut down by a tailings dam failure on April 25, now estimates that repairs to the dyke and remedial work downstream from the break could put the mine back …
Teck hits copper values
Teck (TEK-T) has enountered low-grade copper mineralization in its first round of drilling at the Mocha porphyry prospect in northern Chile.Under an agreement with its joint-venture partner, Royal Sil…
Columbia Ventures smelter deal could mean more jobs for BC interior
A deal between Vancouver, Wash.-based Columbia Ventures and the government of British Columbia has paved the way for construction of a primary aluminum production plant in the province.Construction of…
Phelps Dodge scales back production at Chino
Due to poorer-than-anticipated recovery in the leaching circuit, Phelps Dodge (PDn-N) plans to curtail production at the Chino copper operation in New Mexico.The move will lower annual production at C…
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