Western Mining eyes Olympic Dam expansion
Denver — Western Mining (WMC-N) is evaluating options to expand copper production at its giant Olympic Dam mine in South Australia.The board of directors has given the green light to engineering work…
News
Anatolia to drill four prospects in Turkey
Denver — Anatolia Minerals Development (YMC.U-V) is preparing to launch four drilling programs in Turkey.Among these will be a US$350,000 program with partner Rio Tinto (RTP-N) at two copper-gold por…
Bema gets squeezed by senior partners
Although gold prices remained below US$267 per oz. during the Nov. 8-15 report period, there was a steady stream of news from both major and junior gold companies.Down 5 to 41, Vancouver-based Bema …
Exall, Glimmer make amends
Partners Exall Resources (EXL-T) and Glimmer Resources (GME-V) are resolving a 3-year-old dispute over the Glimmer gold mine in northern Ontario.The two have signed a heads-of-agreement, details of wh…
Golden Phoenix buys mine
Denver — Reno, Nev.-based Golden Phoenix Minerals (GPXM-O) has succeeded in its bid for the Mineral Ridge mine in southern Nevada.To acquire the past-producer from federal bankruptcy court, the junio…
Cancor finds new zone
The discovery of a new copper-zinc-silver-gold zone has Cancor Mines (KCR-M) optimistic that ongoing work will enhance the potential of its Gemini property in the Abitibi region of Quebec.The discover…
Cross Lake active near Timmins
Vancouver-based Cross Lake Minerals (CRN-V) is carrying out soil sampling at its Sheraton zinc-silver property, in Timmins, Ont.The program follows the recent discovery of several geophysical anomalie…
Sulliden drilling at Mario project
Drilling by Sulliden Exploration (SUE-T) has confirmed a previous massive sulphide discovery at the Mario project in the Peruvian department of Junin, some 50 km southeast of Huancayo.The first hole i…
Iriana explores near Jakarta
An Indonesian tin company has launched an exploration program to test two properties held by Iriana Resources (IR-T) on Flores Island, east of Jakarta.The Wae Dara and Nggorang properties, about 15 km…
CDNX continues fourth-quarter slump
Canada’s junior exchange posted losses on all fronts during the report period ended Nov. 14. The Canadian Venture Exchange composite index tumbled 94.54 points, or 2.8%, to finish the week at 3,180.64…
The Silver slump
There has been much speculation as to why silver prices are touching 20-month lows. London-based Gold Fields Mineral Services (GFMS) has produced an interim review of the silver market, and its resear…
PEOPLE (November 20, 2000)
Birim Goldfields — Matthew Chinn appointed COO.Celtic Minerals — Barry Greene appointed vp exploration.Champion Bear — Anthony Pryslak appointed vp exploration.Corner Bay…