Nebex puts Albanian project on hold
The civil unrest that has enveloped Albania in recent weeks is taking its toll on foreign firms with investments there, including Nebex Resources (NBX-T), which has put all its operations on hold.The …
News
GEOLOGY 101 — Epithermal deposits, Part 1
This is the first instalment in a new feature in The Northern Mine, which will consist of 2-part articles. In the first part, we will examine the geologic formation of a particular type of deposit. In…
LATIN AMERICA — Minera Andes adds to Argentine holdings — More drilling planned for Pino Andino prospect
Minera Andes (MAI-A) has acuired four contiguous gold prospects totalling 7,200 ha in Argentina’s Mendoza province.The properties, collectively known as the Reyunos project, lie east of the company’s …
TSE INDICES (April 07, 1997)
1997Apr. 1Mar. 31Mar. 28Mar. 27Mar. 26HighLowComp…
LATIN AMERICA — Dayton reports boost in reserves at Andacollo — US$3.2 million budgeted for exploration
Dayton Mining (DAY-T) reports a 21% increase in minable reserves at its Andacollo gold mine near La Serena, Chile.The company added 257,000 oz. gold to proven and probable minable reserves (after dedu…
Adikann drill-tests gold property in Ghana
Junior Adikann Goldfields (ADK-V) reports encouraging results from drilling carried out on two portions of its Westbank concession in southwestern Ghana.* On the Treposo portion, six holes were drille…
World Wide restarts Kazakstani uranium mill
Toronto-based World Wide Minerals (WWS-T) has restarted the TGK uranium processing plant at Stepnogorsk in Kazakstan.The company is currently processing stockpiled uranium ore, from which it expects t…
Gold production steady at Limon
At the Limon gold mine in Nicaragua, Triton Mining (TTM-T) produced 3,675 oz. during the month of February, bringing the year’s total to date to about 7,690 oz.The cash cost for the month remained at …
LATIN AMERICA — Valdez finances exploration program to test Sonoran gold prospects
A $5-million private placement will provide funds for Valdez Gold (VAZ-A) to explore various properties in Mexico, including the Altar Trend project in northwestern Sonora state.This project is immedi…
Cons. Shoshoni expands holdings at Finlayson Lake
In the Finlayson Lake area of the Yukon, Consolidated Shoshoni Gold (CHJ-V) has acquired two new claim blocks.The AU claims adjoin to the east the Ice property of Expatriate Resources (EXR-V), where a…
LATIN AMERICA — Savanna Resources acquires gold claims in eastern Suriname
Trenching and drilling by Savanna Resources (SV-A) are scheduled to start this month at newly acquired claims in eastern Suriname.The company recently acquired exploration rights covering 130,000 ha i…
Placer breaks pact with Gowest
Vancouver-based Placer Dome (PDG-T) has backed out of a deal with Gowest Amalgamated Resources (GWA-A) to acquire a stake in the McAlpine Lake gold property in northeastern Ontario.The property lies o…