Deliniation drilling is enabling Archangel Diamond (AAD-V) to determine the economic viability of the Verkhotina diamond project in northwestern Russia.To project is a 40-50 joint venture between Arch…
Wednesday, January 29, 1997Price (US)Week’s ChangeGold*$350.15+ $0.05Silver*$ 4.92…
Stremco, a 51% owned subsidiary of European Mining Finance (EMFF-C), expects to produce 10,000 oz. gold per year for at least eight years from an advanced project in northeastern Burkina Faso.The comp…
Upon my return to Canada following a 2-year contract in Zambia, I started work as a tunnel inspector at the Wreck Cover power project of Nova Scotia Power Corp.The project, which was about an hour’s d…
Diamond explorers Ashton Mining of Canada (ACA-T) and Pure Gold Resources (PUG-T) have pulled kimberlitic-textured rocks from the holes drilled northeast of Grande Prairie, Alta.The partners are testi…
ALUMINIUM: LME settlements US$1,606 per tonne, alloy $1,525 per tonne (Jan. 28/97).ANTIMONY: Composite free market, US$2,380 per tonne (Jan. 28/97).BISMUTH: Composite free market US$3.20 per lb. (Jan….
Assays from sill drifting in the two zones being developed at the Edwards gold mine near Dubreuilville, Ont., have revealed a higher grade than was expected.The mine is owned by VenCan Gold (VCG-M) bu…
1997Jan 28Jan 27Jan 24Jan 23Jan 22HighLowComposit…
Reverse-circulation drilling is under way at the Poposa project in Argentina’s San Juan province.Australian-based Western Mining Corp. (WSTM-N), the operator, is earning up to a 60% interest in the pr…
Toronto-based Holmer Gold Mines (HGM-A) has resumed drilling at its gold property in Bristol Twp. near Timmins, Ont.The current drill program is following up a gold discovery made in late 1996. Holmer…
By developing the Hartley platinum project in Zimbabwe, BHP Minerals is paving the way for its entry into a new metal market.The company, a division of Australian-based Broken Hill Proprietary, holds …
Junior Fairstar Explorations (FFR-M) has a 55% interest in the Fenelon gold property and is operator of the Quebec project.Incorrect information appeared in our issue of Jan. 20.
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