News

Drill results keep hope alive at South Voisey’s Bay

It isn’t the glittering confirmation of mineral riches that investors has been hoping for — but it isn’t bad.Nickel grades found in the season’s last drill hole at the South Voisey’s Bay project in L…


Old, new mining districts subjects of tour

Historic and current mining operations in Europe and Mexico will be the focus of several tours offered by a British company throughout 1998.Regions scheduled to be visited include:* the Iberian pyrite…


Meetings (December 22, 1997)

Dec. 22, ArkonaDec. 22, AuroginDec. 22, Caesars GoldDec. 22, Canadian SpoonerDec. 22, ClayoquotDec. 22, Goldrush Casino & MiningDec. 22, MarksmenDec. 22, NanecoDec. 22, RewardDec. 22, Royal BayDec. 23…


Auspex, partners to buy into Portuguese play

Auspex Minerals (APJ-V) and partners Redfern Resources (RFR-T), Cumberland Resources (CBD-T) and International Vestor Resources (IVS-V) will acquire up to a 75% interest in the Aljustrel property in P…


Atna sets sites on Temagami

Atna Resources (ATN-T) has signed a joint-venture agreement with Falconbridge (FL-T) to explore claims in the Temagami region of northern Ontario.Atna can earn a 60% interest in Falco’s Temagami prope…



Bleak outlook for nickel market

The outlook for nickel over the next few quarters and beyond is not great.In today’s terms, you could even say it’s as good as gold.Credit Lyonnaise, a major metal trader, has forecast a 10,000-tonne …


FACTS ‘N’ FIGURES — Gold struggles in SE Asia

The recent currency and economic crisis in Asia has had a significant impact on gold demand there.Demand for the yellow metal in the third quarter of 1997 barely reached 50 tonnes, less than half its …


Teck and Sumitomo size up Pogo deposit

Teck (TEK-T) and its partner, Sumitomo Metal Mining, have estimated that their Pogo project in east-central Alaska contains just under 4.5 million oz. gold.The deposit is believed to contain 10.9 mill…


DIAMOND PAGE — Nora ups production in Namibia

Nora Exploration (NXI-M) has increased production at its diamond concession in Namibia.Production in November topped 32 tons per hour, representing a fourfold increase over previous rates. Grade and c…


DIAMOND PAGE — Plug pulled on Acordo

Trans Hex International (THI-T) has discontinued work at the Acordo diamond project in Brazil’s Tocantins state.The company had already earned an 80% stake in the joint-venture project from privately …


COMMENTARY — New name, similar mandate

The author is the newly appointed president of the Mining Association of Canada. He has written the following article at the request of Keep Mining in Canada, an organization designed to increase awar…


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