Final study on Diavik nears completion
The Diavik diamond project in the Northwest Territories is one step closer to development, following a draft report by the federal government which indicates that environmental or socio-economic probl…
News
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Gold’s tumble slows
The Dow Jones industrial average slipped 170.65 points, or 1.6%, for the week ended June 15, to close at 10,594.99.Gold companies held steady while the metal briefly sunk below US$260 per oz. It finis…
Rio Narcea confirms gold
In its first venture outside Spain, Rio Narcea Gold Mines (RNG-T) is confirming the presence of high-grade gold mineralization.In October, Rio Narcea acquired an exploration licence covering the 440-s…
NEWSROUNDUP — Pioneer plans follow-up program
With results from the winter program in hand, Pioneer Metals (PSM-T) is gearing up for a summer program at its Riou Lake uranium project in northern Saskatchewan’s Athabasca Basin.Pioneer says winter …
General Minerals expands discovery
In the west-central Bolivian department of Cochabamba, General Minerals (GNM-T) is expanding silver mineralization at its Atocha property.Tunneling into the underground target has encountered silicifi…
Cumberland drills Nunavut gold — Goose Island deposit deemed amenable to open-pit mining
Drilling by Cumberland Resources (CBD-T) at its wholly owned Meadowbank gold property in Nunavut is expanding one deposit and upgrading another.Situated north of Baker Lake, the project consists of fo…
NEVADA & THE WESTERN STATES — Junior aims expertise at Nevada — Deal with Kennecott affects 1,000 sq. miles in Carlin trend
Armed with $2.3 million in its treasury, Nevada Pacific Gold (NPG-V) is advancing several early-stage gold projects, most of which are in Nevada.The Vancouver-based junior is zeroing in on the Carlin …
PEOPLE — Diamond Fields Int’l (June 14, 1999)
Frank Potter appointed director.
Barramundi tests at Longline
Junior Barramundi Gold (BAM-A) has begun a shallow, 60-hole program of core drilling at its Longline gold project in the west-central Yukon.The work is part of an attempt to reassess the resource repr…
NEVADA & THE WESTERN STATES — Goldstrike keeps on trucking — Barrick focuses on ‘mile-long corridor of mineralization’
Few mineral properties are as aptly named as Barrick Gold’s (ABX-T) Goldstrike, in Nevada’s prolific Carlin trend.The property’s two operating mines, Betze-Post and Meikle, are expected to churn out m…
NEVADA & THE WESTERN STATES — Junior eyes PGMs in Nevada
In Nevada, Trend Mining (TRDM-O) has picked up 180 claims prospective for platinum group metals (PGMs).The Idaho-based junior staked the claims in Clark Cty., south of Las Vegas, along a projected ext…
DIAMOND PAGE — Jordan yields few stones
The newly discovered Jordan kimberlite on the Afridi Lake property, near Yellowknife, N.W.T., has yielded lacklustre microdiamond results.Kennecott Canada Exploration recovered only four stones (two m…