Pioneer Metals pins hopes on Riou Lake
Vancouver-based junior Pioneer Metals (PSM-T) is using results from a recently completed electromagnetic survey on its Riou Lake property in the Athabasca Basin of northern Saskatchewan to pinpoint ar…
News
LATIN AMERICA — Prefeasibility study begins on Dolores gold-silver project
Minefinders (MFL-T) has engaged MRDI Canada, a division of H.A. Simons, to complete a prefeasibility study on the promising Dolores gold-silver project in Mexico’s Chihuahua state.The Dolores project …
LATIN AMERICA — MacMillan outlines gold targets in Peru
A program of geological mapping and geochemical sampling has yielded encouraging results for MacMillan Gold (MMG-T) at the Armonia epithermal gold project near Lima, Peru.The property hosts extensive …
METAL PRICES – Daily Metal Prices (April 06, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMar. 31Mar. 30Mar. 27Mar. 26Mar…
LATIN AMERICA — Cerro Samenta dispute settled
A recently signed agreement between Mansfield Minerals (MDR-V) and Corriente Resources (CTG-T) has marked the end of a legal dispute over ownership of the Cerro Samenta copper property in Argentina.Th…
LATIN AMERICA — General Minerals expands size of Chilean porphyry, prepares for coming year
General Minerals (GNM-T) has expanded the area of known mineralization at its Escalones copper porphyry target in Chile, and hit promising precious metal values at a new target in Peru.At Escalones, G…
Bre-X action names Barrick
Claiming that Barrick Gold (ABX-T) knew as early as October 1996 that Bre-X Minerals’ Busang gold deposit was a hoax, lawyers representing shareholders in a class-action suit have named the gold produ…
Franco buys Stillwater royalty from Johns Manville
In the biggest acquisition in company history, Franco-Nevada Mining (FN-T) purchased Johns Manville’s last remaining royalty interest in the Stillwater platinum-palladium mine in Montana.The Toronto-b…
Crystallex blames short sellers for share erosion
When doubts surfaced a year ago that Bre-X Minerals had only fool’s gold at Busang, the company blamed short sellers and a “well-oiled misinformation campaign.” Management of Crystallex International …
Royal Oak finds savior
Royal Oak Mines (RYO-T) has obtained US$120 million to help finance the completion of the Kemess gold-copper mine in north-central British Columbia.Toronto-based Trilon Financial came to the rescue, a…
Semafo drills West African nickel and gold concessions
Semafo (SMF-T) has released encouraging results from recent drilling at its Kaloum, Jean-Gobele and Lopal concessions in Guinea and Burkina Faso in western Africa.At the Kaloum/Mount Kakoulima concess…
Meetings (April 06, 1998)
April 6, DoublestarApril 6, First GoldApril 6, RankinApril 6, South American Gold & CopperApril 7, DobranaApril 7, HaddingtonApril 7, IrianaApril 7, Pan AfricanApril 8, CartaApril 8, WestallApril 9, B…