Gitennes extends Rio Suro
Stepout drilling by Gitennes Exploration (GIT-A) has extended the Rio Suro zone on the Virgen gold property in north-Central Peru.Three reverse-Circulation (RC) holes, drilled south of the zone’s prev…
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People — RIO NARCEA
Alberto Lavandeira appointed president and chief operating officer.
People — CRYSTALLEX INT’L
Harry Near appointed director.
People — BHP COPPER
Colin Palethorpe appointed senior vice-president for San Francisco; Roger Higgins appointed senior vice-president for Pacific operations.
Conference focuses on reclamation
A symposium entitled “Reclamation in the Rockies” will be held Sept. 22-25 at the Inn of the South in Cranbrook, B.C.The event is being co-sponsored by the Canadian Land Reclamation Association and th…
Mining a boon to Colorado’s coffers
Mining contributed, both directly and indirectly, a total of US$7.6 billion to Colorado’s economy in 1995, according to a recent study.In a report entitled Everything Begins with Mining — Mining and …
DIAMOND PAGE — River Ranch gets financing
A new financing will enable the operators of the River Ranch diamond mine in Zimbabwe to repay some debt.The joint-Venture company, owned equally by Toronto-based Redaurum (RRK-T) and Auridiam Consoli…
Lawyers cast net wider in Bre-X suit
More than 20 Canadian and U.S. law firms, all with pending lawsuits against disgraced Bre-X Minerals, are joining forces on a class action filed in Texas.The suit names all the usual suspects — Bre-X…
Discovery confirmed for Tan Range Exploration
An independent sampling program on the Itetemia property in the Victoria Lake gold district of Tanzania has confirmed that an area exposed by artisanal miners contains a significant gold-bearing zone….
Echo Bay takes another loss on chin
Echo Bay Mines (ECO-T) reported a substantial loss for the second quarter of 1997.The Denver-based company lost US$20.7 million during the 3-Month period ended June 30, compared with a loss of US$14.6…
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DIAMOND PAGE — Magino envisaged as big low-grade target
Low gold prices closed the Magino mine, 40 km northeast of Wawa, in 1992, and now Golden Goose Resources (GGR-T) is hoping that some new geological thinking may warrant a reopening.Golden Goose, which…