First Dynasty applies for rights
First Dynasty Mines (FDM-T) and its Indonesian partners have applied for exploration rights to 207,978 ha on the islands of Kalimantan and Java.Under the application, First Dynasty would effectively h…
News
Freegold updates resource estimate for Golden Summit project in Alaska
Vancouver-based International Freegold Mineral Development (ITF-V) has calculated gold resource estimates for four prospects at its Golden Summit project near Fairbanks, Alaska.*At the Dolphin prospec…
AMT International Mining outlines copper target at Old Reliable project
Toronto-based AMT International Mining (AAI-T) is attempting to outline economic copper mineralization at its Old Reliable deposit, near Tuscon, Ariz.A drill program at the deposit, which occupies the…
Oroperu and Pan American verify gold find on Tres Cruces project in Peru
Drilling by Oroperu Resources (OROP-C) on the Tres Cruces project in north-central Peru has verified the continuity of mineralization.Mineralization at the property, a 50-50 joint venture with Pan Ame…
American Mineral Fields augments zinc project
Through a wholly owned subsidiary, America Mineral Fields (AMZ-T) has set up an exploration office in Solwezi, Zambia, to explore a large concession in that country’s copper belt.The 1,400-sq.-km conc…
Tenke seeks copper, cobalt in Zaire
Tenke Mining (TNK-T) will carry out a 40,000-metre drill program in an area between the Tenke and Fungurume copper-cobalt deposits in the highlands of southeastern Zaire.The goal of the 12-month progr…
Production boosts Louvem’s revenues
ntreal-based Louvem Mines (LOV-T) has passed its first full year as a gold producer since startup, in January 1996, at the Beaufor mine, near Val d’Or, Que.e vein-type lode-gold mine is owned equally …
Auspex drills for gold in West Africa
Determined to outline economic gold mineralization at its Koulbaga concession in southwestern Niger, Auspex Minerals (APJ-V) has launched a 2,000-metre drill program.Over the past year, six gold anoma…
EDITORIAL PAGE — Avoiding conflicts
Last October, in the wake of the Cartaway Resources fiasco and other “controversial incidents” that shook investor confidence and cast a pall over otherwise buoyant equity markets, Canadian securities…
METAL PRICES — FREE MARKET (March 17, 1997)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateMar. 11Mar. 10Mar. 7Mar. 6Mar. 5…
Ming terminates Strange Lake deal
Vancouver-based Ming Financial (MF-A) has decided against acquiring the Strange Lake yttrium property in northwestern Labrador from Iron Ore Co. of Canada (IOC).Ming says its decision was based on an …
First year proves golden for River Gold Mines
The first 12 months of production at the Eagle River gold mine, near Wawa, Ont., translated into a strong year for owner River Gold Mines (RIV-T).Earnings for 1996 amounted to $5.9 million (or 19 cent…