HBM&S to close Flin Flon mine
Hudson Bay Mining & Smelting, a subsidiary of Minorco (MNRCY-Q), intends to close down its polymetallic opeations in Flin Flon, Man., by 2004.Suspension of the copper-zinc-silver-gold complex will res…
News
GREATEST VALUE TRADED, Feb. 25-Mar. 3
ExchgVol(000s)HighLowCloseChange.ZSBarrick GoldT1…
New resources at Paul Isnard and St. Elie brighten Guyanor’s outlook
While lower metal prices have dampened enthusiasm for its 1998 exploration program in French Guiana, Guyanor Ressources (GRL.B-T) has put its best face forward with new mineral inventories from two go…
Archon Minerals to gain stake in Buffer zone claims in N.W.T.
Prospector Stewart Blusson is vending his 31.2% participating interest in the outlying Buffer zone portion of the Ekati diamond mine project to Archon Minerals (ACS-V).Ekati, which will soon become Ca…
Donner buys Labrador claims
Donner Minerals (DML-V) is increasing its position in the South Voisey’s Bay area of Labrador by buying out partner Thistle Creek Resources’ half-interest in 165 mineral claims.The Vancouver-based jun…
EXPLORATION 1998 — Geomaque advances Honduran gold play — Extended strike length could boost resources
Toronto-based Geomaque Explorations (GEO-T) continues to report strong gold grades at the Vueltas del Rio project in northwestern Honduras.The junior has now completed 192 holes on the Main zone. Step…
EXPLORATION 1998 — Magnesium Alloy active in Republic of Congo
Junior Magnesium Alloy (MGAC.U-C) has formed an ambitious plan to become a large, low-cost producer of magnesium metal through a multi-faceted project now at an embryonic stage in the Republic of Cong…
EXPLORATION 1998 — Fairbanks district home — to promising projects Barrick, Newmont among explorers
The Fairbanks district in central Alaska is in no danger of losing its reputation for being a hotbed of mineral exploration and production.The Fort Knox gold mine is up and running, and the True North…
EXPLORATION 1998 – NEWS ROUNDUP — Expatriate adds to Yukon holdings
Expatriate Resources (EXR-V) has added to its extensive mineral holdings in the Yukon Territory by negotiating an agreement to acquire a 60% interest in seven groups of mineral claims in either the Wa…
EXPLORATION 1998 — Mexico’s Zacatecas state teeming with Canadian juniors
With massive-sulphide intervals as thick as 263 metres, the San Nicolas polymetallic massive sulphide discovery in Mexico’s Zacatecas state is significant in its own right, but it is the likelihood of…
METAL PRICES – Daily Metal Prices (March 09, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMar. 3Mar. 2Feb. 27Feb. 26Feb.
EXPLORATION 1998 — Platexco calculates platinum resource at Winnaarshoek
Toronto-based Platexco (PGMI-T) is encouraged by the resource estimate received for its Winnaarshoek property, a platinum group metals (PGM) prospect on the eastern limb of the Bushveld igneous comple…