Oroperu producing at Nueva Condor
Through a Peruvian subsidiary, Oroperu Resources (ORO_-C) is producing zinc, lead, silver and gold at its Neuva Condor mine property near Lima, Peru.The Vancouver-based junior processed some 9,600 ton…
News
Amblin goes deep at Lyndhurst copper mine
Junior Amblin Resources(AX-A) has begun drilling the first of two 3,000-ft. holes on the Lyndhurst copper mine property, 20 miles north of Noranda’s Horne smelter in northwestern Quebec.To earn a half…
Companies (February 09, 1998)
Aber ResourcesAkrokeri-Ashanti Gold MinesAmblin ResourcesAmbrexAnglo-AmericanAsarcoAsquith ResourcesBanro ResourceBattle Mountain GoldBirim GoldfieldsBlue EmeraldResourcesCobre MiningComincoContinenta…
Meetings (February 09, 1998)
Feb. 9, Canadian OverseasFeb. 9, WilanourFeb. 10, Cotton ValleyFeb. 11, AndersonFeb. 11, Blackwater GoldFeb. 11, East IndiesFeb. 11, Premier MineralsFeb. 12, American BullionFeb. 12, Columbia YukonFeb…
Mineral economics meeting set for Washington
The seventh annual meeting of the Mineral Economics and Management Society (MEMS) is scheduled for March 25-28 in Washington, D.C.The chairman of this year’s Professional Program and Meeting will be D…
Cameco refinery sets record
For the past eight years, Cameco has operated its uranium refinery in Blind River, Ont., without once experiencing a lost-time accident.In late January, company officials recognized the achievement at…
Gold production soars in former USSR
Many regions of the former Soviet Union boosted their gold production in 1997.In Kyrgyzstan, 17 tons of the yellow metal were produced, compared with just 1.5 tons in 1996. The jump was sufficient to …
Western Copper forms alliance with Kennecott
Fresh from its success at the El Salvador massive sulphide project in central Mexico, Western Copper Holdings (WTC-T) is forming a strategic alliance with Kennecott to explore and develop mineral prop…
Freeport reports strong quarter
Freeport McMoRan Copper & Gold (FCX-N) reported stronger fourth quarter and year-end results on the strength of higher throughput at the Grasberg copper-gold mine in Irian Jaya, Indonesia.Through its …
Ndassima program yields gold showing
Toronto-based Asquith Resources (ASGH-C) has unearthed the first primary gold occurrence on the Ndassima property in the Central African Republic (CAR).The showing, referred to as Bacanga-1, is 6 km w…
METAL PRICES — Daily Metal Prices (February 09, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateFeb. 3Feb. 2Jan. 30Jan. 29Jan.
DIAMOND PAGE — Aber elects not to participate in program at Snap Lake
A decision by Aber Resources (ABZ-T) not to participate in the 1998 field program on the Haywood diamond project at the Camsell Lake property means Winspear Resources (WSP-V) is going it alone and wil…