Native group signs agreement in Yukon
The Laird First Nation and Cominco have signed a socio-economic participation agreement related to the Sa Dena Hes polymetallic mine in southeastern Yukon.The partners agreed to work together in a spi…
News
Wheels turn slowly for Crown Butte Res.
Slow progress is better than none at all for Crown Butte Resources, which is still waiting for the U.S. government to provide compensation for the expropriation of its New World gold project in southe…
Russian miners eye TSE listing
The Lebedinsky mine, Russia’s biggest iron ore operation, is seeking to have its securities listed on the Toronto Stock Exchange.General Director Anatoly Kalashnikov told a Moscow press conference tha…
MOST ACTIVE ISSUES (November 03, 1997)
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Teck backs Gabriel in Romania
Gabriel Resources (GBU-V) and Teck have signed an agreement that will enable Gabriel to explore and develop projects in Romania.The Vancouver-based major has agreed to invest $1.2 million and provide …
Inco finds new zones at Voisey’s Bay
Some existing zones have been extended and new zones of nickel-copper-cobalt mineralization have been found at Voisey’s Bay, Labrador, reports Inco (N-T).The company’s exploration drilling and geophys…
Placer joins Arizona Star, Bema at Aldebaran in northern Chile
Placer Dome (PDG-T) has reached a deal with Arizona Star Resource (AZS-V) and Bema Gold (BGO-T) for the right to acquire a 51% interest in the Aldebaran property in northern Chile.Aldebaran is host to…
Cross Lake hits copper
Assay results from hole 17 at Cross Lake Minerals’ (CRN-V) Sheraton-Timmins property, east of Timmins, Ont., are confirming the westward extension of the zinc-lead-silver-copper mineralization seen in…
GREATEST VALUE TRADED (November 03, 1997)
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Oliver leaves Mali for Zimbabwe
Junior gold explorer Oliver Gold (OGO-V) has sold its mineral rights in Mali, including its half interest in the Segala deposit, and is taking its business to Zimbabwe.Oliver sold its rights to proper…
Rex cuts costs in South Africa
Rex Diamond Mining (RXD-T) has taken steps to rationalize its South African assets.The company will acquire all the diamond mining properties, including the Ardo and Rex mines, of subsidiary Carrig Di…
DIAMOND PAGE — DiamondWorks sells gems
Vancouver-based DiamondWorks (DMW-T) has received more than US$3.1 million from the sale of its first parcel of diamonds from the Luo diamond mine in northeastern Angola.The parcel, sold in Antwerp, B…