The crash in the copper market, set off, in an attempt to bolster the metal’s price, by Sumitomo copper trader Yasuo Hamanaka, has left the world’s metal-trading floors shaking. The industry had known…
With three rigs turning on the Pierina gold property in north-central Peru, Arequipa Resources (AQP-T) is half-finished a program consisting of 5,000 metres of reverse-circulation (RC) and diamond dri…
Despite the recent decline in copper prices, Rio Algom (ROM-T) and Inmet Mining (IMN-T) have joined forces to bid for a large, high-grade copper prospect in the Peruvian Andes.The Antamina property, 4…
Mining operations at Cambior’s Doyon gold mine, near Rouyn-Noranda, Que., have resumed, following negotiations with workers there.Talks held with the United Steelworkers of America resulted in the ren…
The Canadian Institute of Mining, Metallurgy & Petroleum (CIM) has published a comprehensive reference on porphyry deposits of the northwestern Cordillera.Entitled Porphyry Deposits of the Northwester…
Drilling and construction by a team of more than 100 workers is under way at the Cerro Colorado copper deposit in Panama, reports property owner Tiomin Resources (TIO-T).By mid-August, Tiomin will be …
Wednesday, July 10, 1996Price (US)Week’s ChangeGold*$383.40+ $0.90Silver*$ 5.12…
The Geological Survey of Alberta has published the results of a study into the potential for diamond-bearing deposits in that province.Entitled The Diamond Potential of Alberta, the report includes: g…
Your obituary for Colin Spence does a disservice to our industry by not mentioning the cause of his death. I understand that he was shot in the leg while riding in a helicopter in the Philippines, and…
Results from development drilling at the OK copper mine in Utah have increased proven and probable reserves to 5.3 million tons grading 0.48% copper.The property, owned by Centurion Mines (CTMC-Q) and…
The discovery of six diamonds in exposed bedrock has prompted Spider Resources (SPG-A) to secure the ground covering the occurrence near the town of Wawa, in northern Ontario.The discovery was made by…
Up to five holes are being drilled by Pathfinder Resources (PHR-V) at the Tungaberry property in northern Queensland, Australia.The Vancouver-based company is investigating the potential for a large-t…
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