Mine profits down in BC
Despite increased production and shipments, British Columbia’s mining industry posted a 26% decline in profits in 1997, according to a report by Price Waterhouse.Mining Industry in British Columbia 19…
News
NEVADA AND THE WESTERN STATES — Drilling progresses for AMT
AMT International Mining (AAI-T) is looking to expand known copper reserves at the Copper Creek property in southern Arizona.Copper Creek is a 50-50 joint venture with BHP Copper, a unit of Broken Hil…
NEVADA AND THE WESTERN STATES — Oro Nevada plans drilling at DeWitt
As soon as permits are in hand, Oro Nevada Resources (ONV-A) plans to commence drilling at its DeWitt gold project in the Battle Mountain trend of central Nevada.The company expects the Nevada Bureau …
Uranium miners to meet in Toronto
All aspects of uranium mining and nuclear power will be discussed at the 1998 World Uranium Mining Congress, set for June 22-23 at Toronto’s Delta Chelsea Inn.The event is being organized by AIC World…
Voisey’s panel mulls new EIS data
The environmental assessment panel reviewing Inco’s proposed Voisey’s Bay nickel-copper-cobalt mine and mill in Labrador has begun receiving additional data from the Sudbury, Ont.-based nickel giant.T…
MINING MARKETS & INVESTMENT NEWS — INSIDER TRADING — St. Jude insiders let options expire
According to Ontario Securities Commission reports, two directors and one officer of St. Jude Resources (SJD-V) bought shares and were granted options in that company in May and April.Terrell Michael,…
NEVADA AND THE WESTERN STATES — Vista postpones Hycroft suspension
Vista Gold (VGZ-T) has postponed the planned suspension of mining activities at its Hycroft open-pit, heap-leach gold mine near Winnemucca, in northwestern Nevada.Vista, which announced last January t…
NEVADA AND THE WESTERN STATES — Clifton adds to holdings in Utah
Clifton Mining (CFB-A) will expand its ground position in western Utah through the acquisition of a majority interest in privately held Woodman Mining.Clifton has purchased 60% of the shares of Woodma…
NEVADA AND THE WESTERN STATES — Montana gems get thumbs-down
Watts, Griffis & McOuat has given the thumbs-down to the Dry Cottonwood Creek alluvial sapphire project in Montana.A recent study by the firm concludes that the project, owned by Gem River (GR-A), is …
Index (June 15, 1998)
Book ReviewCareersClassifiedDiamond PageDiamond News RoundupDividendsDrillersEditorialFacts’n’FiguresInsider TradingInvestment CommentaryMetal PricesMining Markets and Investment NewsOdds’n’SodsProfes…
GeoNova expands gold assets
GeoNova Explorations (GNE-T) has extended its gold assets in Quebec to the Porcupine-Destor fault area by buying a full interest in the Pitt property from Santa Fe Canada, a subsidiary of Newmont Gold…
NEVADA AND THE WESTERN STATES — Clinton gets green light
The South Dakota Board of Minerals and Environment has unanimously approved a large-scale mine permit for the Clinton gold project, situated just east of the Wharf mine in the state’s Black Hills regi…