Correction (April 17, 2000)
In our April 10 issue, we incorrectly stated that the Majistral deposit in Peru, held by Inca Pacific Resources (IP-V), has reserves of 500 million tonnes averaging 1.2% copper, 1% zinc, and 0.03% mol…
News
Crew acquires sulphur deposit in Philippines
In an attempt to secure a stable sulphur supply for its proposed heap pressure acid leach (HPAL) nickel laterite project on the Philippine island of Mindoro, Crew Development (CRU-T) has acquired a 10…
MEETINGS (April 17, 2000)
April 17 Iriana — annualApril 17 Mask — annual, generalApril 17 Match Capital — annual, specialApril 17 Moss — specialApril 17 Regeena — g…
LionOre makes deal with Inco
LionOre Nickel (Australia) has negotiated a long-term off-take agreement with Inco (N-T) for the sale of nickel concentrate from its wholly owned Emily Ann project in Western Australia. LionOre Nickel…
Laboratories in flux
As the mining industry struggles to adapt to changing financial markets and an industry-wide slowdown, the geochemical and assay laboratories are having to reposition themselves. Most recently, this t…
Partners hit high-grade
Juniors Fort Knox Gold Resources (FNX-T) and Berland Resources (BNL-V) have discovered a new mineralized zone on the Watts River polymetallic property, about 50 km east of Snow Lake, Man.The partners …
Drilling projects expand Hope Bay deposits in Canada’s north
Drilling at two gold projects in the Hope Bay greenstone belt in northwestern Nunavut is confirming previous resource estimates and suggesting possible extensions to known mineralized zones.The drill …
Parks won’t help Saskatchewan prosper
I am writing to you to voice my opinion about a proposal by the World Wildlife Federation to create Crown Reserves in Saskatchewan, in particular, north of Athabasca Lake.Great Western Gold is pursuin…
GREATEST VALUE TRADED, April 5-11
Value($000s)HighLowCloseChangeAlcoa*N…
Rockwell completes due diligence
Junior Rockwell Ventures (RCW-V) has completed its due diligence review of the Pedra Branca platinum-palladium project in the northeastern Brazilian state of Cear.To earn a 60% interest in the proper…
Atlas rises from bankruptcy
Atlas Minerals (ATMR-O), formerly Atlas Corp., reported earnings of US$2.5 million (or $2.05 per share) for 1999, compared with a loss of US$2.7 million ($2.99 per share) in 1998.The company spent mos…
Odyssey hits at Turkish bet
A drill hole at the Lucky Star prospect in the Pontide belt of eastern Turkey has turned up high-grade zinc and lead mineralization for operator Odyssey Resources (ODYS-C).The hole intersected a 16.1-…