African conference set for ’98
A conference showcasing mineral investment opportunities in Africa will be held Feb. 3-5 at the Cape Sun Intercontinental Hotel in Cape Town, South Africa.The conference, entitled “Investing in Africa…
News
PRODUCER AND DEALER PRICES (October 13, 1997)
Aluminium: LME settlements US$1,646 per tonne(Oct. 7/97).Antimony: Composite free market, US$1,930 per tonne (Oct. 7/97).Bismuth: Composite free market US$3.40 per lb. (Sept. 30/97).Cadmium: Composite…
Partners extend copper zones at Lew
Drilling by partners Thunderwood Resources (THS-T) and Consolidated Abitibi Resources (CAQ-M) has intersected high-grade copper mineralization on the Lew volcanogenic massive sulphide property, 20 km …
Lyon Lake Mines launches Beta Vargas
Soon to join the ranks of gold producers, Lyon Lake Mines (LLL-M) reports that its wholly owned Beta Vargas open-pit gold mine in Costa Rica is operational.Thirty thousand tonnes of ore are being plac…
Mill problems beset Harker-Holloway mines
A mechanical failure in the grinding circuit at the Holt-McDermott mill, east of Matheson, Ont., is affecting both producing mines in the Harker-Holloway gold camp.Repairs are under way at the mill, w…
CORRECTION (October 06, 1997)
Contrary to a remark that appeared on the Stock Markets page of our Sept.29 issue, the Venezuelan courts have not reached a decision in the legal dispute between Crystallex International (KRY-T) and P…
Texas T explores in Chihuahua
Texas T Resources (TXT-V) will acquire a half interst in a group of claims in the Sierra Madre region of Mexico’s Chihuahua state.In return, Texas T will pay US$150,000 in cash to Visionary Mining (VI…
NEWS IN BRIEF (October 06, 1997)
Santa Fe Pacific Gold (GLD-N) merged into Newmont Mining (NEM-N) on basis of 1 Santa Fe Pacific Gold share for 0.43 Newmont Mining share. Newmont Mining transferred all properties of Santa Fe Pacific …
GEOLOGY 101 — Placer gold deposits, Pt. 1
Placer gold deposits form as a result of the breakdown and weathering of existing gold concentrations, erosion of the weathered material and, ultimately, the concentration of that material at a variab…
PEOPLE – OROGRANDE
David Mason appointed chairman.
PEOPLE – ROYALSTAR (October 06, 1997)
P. Rhatigan, John Hick, Peter Stokes and Helmut Wober elected directors.
PEOPLE — MIRAGE
John Ivany appointed president; Gordon McCreary appointed vp of investor relations.