NEWS ROUNDUP — Ariel to build pilot plant
Faced with substantial quantities of lower-grade oxidized ore on its Costa Rican gold properties, Ariel Resources (TSE) has decided to construct a 150-ton-per-day pilot plant. A patented flow vat-leac…
News
NEWS ROUNDUP — Pacific Vangold adds to ground
The addition of two new exploration licences in Uganda increases Pacific Vangold Mines’ (VSE) holdings in that country to more than 9,600 sq. km. The newly acquired ground stretches along Uganda’s sou…
NEWS ROUNDUP — Noranda drilling Fancamp ground
The exploration division of Noranda (TSE) has completed a 4-hole, 5,000-ft. drill program on the Dileo Lake base metal property north of Chibougamau, Que. Although none of the holes returned significa…
NEWS ROUNDUP — Unit of Mazarin to close
One of three asbestos mines operated by LAB Chrysotile in eastern Quebec will be closed. The BC-Beaver unit has, of late, been unable to produce asbestos at competitive prices, which led to a decision…
Outlook favorable for antimony compounds
Demand for antimony has recovered somewhat with the general economic revival, but prospects for growth in the main markets for antimony metal are small, says research firm Roskill of London. On the ot…
Vedron seeks exploration funds for Timmins area properties
Having undergone a restructuring, which included acquiring the Buffalo Ankerite claims near Timmins, Ont., Vedron Gold (CDN) has resumed trading. The company was delisted in 1990, a few years after a …
La Poposa gold play advanced
High atop the Argentine Andes, in one of most prolific gold belts in South America, Argentina Gold (VSE) is busy trenching and drill-testing targets on its La Poposa property. During a recent site vis…
Dakota to receive gilt-edged loan
Denver-based Dakota Mining intends to borrow US$5 million from Repadre Capital (TSE) to develop an oxide deposit at the Gilt Edge gold mine site in South Dakota. The agreement consists of a US$4-milli…
Tiomin feasibility study continues
A feasibility study is in progress at the 18,000-hectare Natashquan heavy mineral sands deposit along Quebec’s northern shore. Project operator Tiomin Resources (ME) expects a 20-year mine plan to be …
Vior, Cambior conclude Douay West agreement
A development agreement for the Douay West gold deposit, 20 km southwest of Joutel, Que., is expected to lead to production within four years. Property owner Societe exploration miniere Vior (ME) has …
American Bullion boosts tonnage at Red Chris
The in situ geological resource at the Red Chris project in north-central British Columbia is now estimated at 100.1 million tonnes grading 0.58% copper and 0.46 grams gold per tonne. American Bullion…
EDITORIAL PAGE — Who’s cleaning up at Summitville?
The name of Robert Friedland is mud in Colorado, where he will be forever linked to that mine from hell: Summitville. Even in mining circles, where a few words of admiration are grudgingly doled out f…