Partners outline zone at Intidougou
A second phase of drilling on the Intidougou gold project in western Burkina Faso is returning encouraging results for equal partners Orezone Resources (ORZ-M) and Geomaque Explorations (GEO-T).The pr…
News
Mineral Ridge pours first gold
Cornucopia Resources (CNP-T) has poured its first gold at the Mineral Ridge mine near Tonopah, Nev.The company put the operation on the fast-Track after receiving permits and approvals in July 1996. W…
Average cash costs for gold production on the decline
The cost of operating gold mines in the Western World in 1996 fell to US$250.70, down US$2.50 from $253.2 per oz. in 1995, according to a survey conducted by Sydney-based AME Mineral Economics.Average…
DIAMOND NEWS ROUNDUP — Poplar eyes Swedish diamonds
By teaming up with Alcaston Mining of Australia, Poplar Resources (PPX-V) will acquire additional financial and technical clout as it searches for diamonds in northern Sweden.The companies plan to com…
DIAMOND NEWS ROUNDUP — Lac de Gras mine takes shape
Construction work and pre-stripping of the Panda pit are under way at the NWT Diamonds project near Lac de Gras.The project is being developed by a unit of BHP Minerals, which holds a 51% interest in …
STOCK MARKETS — Toronto markets take slow slide in a slow week — Base metals follow broad market as golds hit new low
The June 25-30 trading period saw the Toronto Stock Exchange coast downhill in advance of the July 1 national holiday. Over three days of moderate trading and one day of light action, the TSE 300 comp…
PEOPLE — YGC Res.
Graham Dickson, Robert Mill and Robert Stroshein appointed directors.
PEOPLE — TENKE
Philip Wright appointed director.
PEOPLE — ROYAL BAY
Robert Kolt appointed director.
PEOPLE — NORD PACIFIC
Dr. W.P. Carson appointed chief executive officer.
PEOPLE — GRANGE GOLD
David Lowrie appointed director.
PEOPLE — GLOBAL EXPL.
Paul Hammond, Robert Smiley, Angela Suriyamongkol, Bradford Cooke and Darren Budd appointed directors.