Rio Narcea pours gold at El Valle mine in Spain
Rio Narcea Gold Mines (RNG-T) has celebrated its first gold pour at the Spanish open-pit mine known as El Valle.Situated in the northwestern region of Asturias, the mine entered production only nine m…
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EXPLORATION 1998 — Intrepid steps up Salvadoran work
With silver prices showing signs of gradual improvement, Toronto-based Intrepid Minerals (IAU-A) is intensifying its exploration efforts in Central America.* El Salvador — Drilling at the company’s S…
Mar-West to drill Cerro Blanco
Mar-West Resources (MSR-V) is drawing favorable comparisons between two of its Latin American gold properties: the San Martin deposit in central Honduras and the Cerro Blanco prospect in southeastern …
EXPLORATION 1998 — Drilling starts at Timmins West
A drill program by Prospectors Alliance (PALL-C) is testing several deep geophysical targets at the Timmins West gold property in northeastern Ontario.Most of these targets lie within a regional break…
EXPLORATION 1998 — Juniors explore in Solomon Islands
Junior companies are continuing to explore projects in the Solomon Islands, an archipelago in the South Pacific in which gold and copper-gold porphyry systems appear to be the main exploration targets…
EXPLORATION 1998 — Rift, Reunion hit widespread gold in Zimbabwe
With results in hand from the first 20 holes of an 80-hole drill program, Rift Resources (RIF-V) is reporting the discovery of widespread gold mineralization at the Silobela project in Zimbabwe.The To…
EXPLORATION 1998 — Greenland aims to attract companies
Eager to attract mining companies to Greenland, the Geological Survey of Denmark and Greenland (GEUS) is using a series of airborne geophysical surveys to promote the island’s mineral potential.The ag…
EXPLORATION 1998 — Reserve boost at Skorpion deposit
London-listed Reunion Mining has reported a 50% increase in tonnage and a 10% increase in the average grade of the Skorpion zinc oxide deposit near Oranjemund, in southwestern Namibia.The company is e…
Nfld. pushes nickel smelter
The Newfoundland government is pressuring Inco (N-T) to build a smelter and refinery to process nickel concentrates from its Voisey’s Bay project in Labrador, now in the permitting phase.”No smelter, …
STOCK MARKETS — Metal stocks lift TSE past the 7,000 level — Higher nickel price boosts Inco shares
Fueled by strong performances in the gold and base metal sectors, the Toronto Stock Exchange 300 composite index rose 189.68 points, or 2.7%, to end the report period of Feb. 25 to Mar. 3 at 7,137.93….
EXPLORATION 1998 — Industry mines treasures based on GSC findings
A sizable portion of the research completed by the Geological Survey of Canada (GSC) over the past two years continues to be put to practical use by this country’s mining industry.For example, the Hop…
More high-grade silver for Yamana
Yamana Resources (YRI-T) has hit high-grade silver at its Santa Cruz project in southern Argentina.At the 44-sq.-km Bacon prospect, the company intercepted high-grade silver values that confirm encour…