Index (December 28, 1998)
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News
CORRECTION (December 28, 1998)
In our issue of Dec. 14-20/98, we reported that the latest results from drilling at the Las Huaquillas property came from six holes collared in the San Antonio sector. Sulliden Exploration (SUE-M) act…
Novagold expands holdings
Novagold Resources (NRI-T) is strengthening its land position in Alaska by acquiring all the outstanding shares in Alaska Gold from New York-listed owner Mueller Industries.Alaska Gold holds real esta…
Tiomin patents proprietary technique
Tiomin Resources (TIO-T) has received a U.S. patent for a proprietary process that produces high-grade titanium dioxide feedstock synthetic rutile from ilmenite.Applications have been filed in six oth…
Hugo Dummett named Man of the Year — BHP executive catalyst for Ekati mine
The unsung hero behind the opening of Canada’s first diamond mine is a modest gentleman who never hesitates to praise the accomplishments of his team and his partners. Yet Hugo Dummett, The Northern M…
Las Cristinas awaits starter’s orders — Construction of mine, mill expected to last two years
Making a mine is difficult enough without additional distractions. Having endured protests from illegal gold miners and the nuisance of a protracted challenge to its land title, Placer Dome (PDG-T) ca…
Red Lake moves step closer to development
A new set of assay results from the Red Lake mine in northern Ontario has upgraded the quality of the reserve estimates for the mine’s High Grade zone and confirmed mineralization in three other areas…
Sutton hits more gold at Bulyanhulu
Sutton Resources (STT-T) has discovered more gold mineralization at its Bulyanhulu deposit, 30 miles south of Lake Victoria in Tanzania.Six widely spaced drill holes identified a mineralized zone 400 …
GEOLOGY 101 — Zinc-copper VMS deposits, Part 2
The largest greenstone-hosted volcanogenic massive sulphide (VMS) deposit in Canada is at Kidd Creek, where 115 million tonnes of ore contain an average of 2.2% copper and 7.25% zinc plus 145 grams si…
Foreign plays heat up Codilleran
Cordilleran Exploration Roundup 1999 will be held Jan. 26-29 at the Hotel Vancouver-Hyatt Regency in Vancouver, B.C.Technical sessions will include updates on activity in Alaska, British Columbia and …
LME WAREHOUSE LEVELS (December 28, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.22/98 (change from Dec. 15 in brackets):MetalStocks(tonnes)Change…
Placer updates Cerro Casale resource
Placer Dome (PDG-T) has boosted the geological resource estimate of the Cerro Casale deposit in northern Chile.Situated on the Aldebaran property, 250 km southeast of Copiapo, the deposit now has a me…