LATIN AMERICA — Rhodes incorporates new company
In order to focus on its Central European gold projects, Rhodes Mining (RHO-V) has incorporated a new company, Hyperion Resources (soon to be listed on the Vancouver Stock Exchange) to hold its Cuban …
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LATIN AMERICA — Pan American to test targets in northern Peru
Silver mines and prospects in Central and South America will continue to be the primary focus of Pan American Silver (PAA-T), a Vancouver-based junior which produces 2.6 million oz. of the metal per y…
LATIN AMERICA — Westmin drills massive sulphides in southern Argentina
Initial drilling by operator Westmin Resources (WMI-T) at Yamana Resources’ (YRI-T) Arroyo Rojo massive sulphide prospect in Argentina has defined significant copper-lead-zinc mineralization beneath s…
PEOPLE — ADDWEST MINERALS
James Houston appointed chairman; Charles Williams appointed president and chief executive officer; William Buchan appointed chief financial officer; Allan Marter, David Rennie and George Brazier appo…
LATIN AMERICA — Mar-West Resources focuses on underexplored gold in Central America — Encouraging trench results pave way for drilling on Honduran joint venture
A large circular hill, or domal feature, on the San Martin concession in central Honduras is being trenched by Mar-West Resources (MSR-V) in preparation of a 3,000-metre drill program, to begin this m…
LATIN AMERICA — Noveder eyes prospect in Chile’s Maricunga
Best known for its exploration projects in Newfoundland, Noveder (NED-M) has acquired 7,400 ha near the producing Refugio gold mine in Chile’s Maricunga district.The deal comprises two properties, the…
LATIN AMERICA — Cominco expands search for zinc — Improved demand prompts major to strengthen position
Zinc is Cominco’s (CLT-T) largest single source of revenue, representing 48% of the total. The company has been a leading producer of the metal for more than 80 years, and recently, in light of improv…
LATIN AMERICA — Major firms up mining plans for Pierina — Peruvian gold project will help build `tomorrow’s Barrick’
Beginning in late 1999, Barrick Gold (ABX-T) hopes to be producing gold at an annual rate of 500,000 oz. from the Pierina project in the northern Peruvian province of Ancash.The major acquired Pierina…
LATIN AMERICA — Kori Kollo crucial to `new’ Battle Mountain — Latin American exploration key to company’s strategy
Last year’s merger with Hemlo Gold Mines has provided the “new” Battle Mountain Gold (BMG-N) with two core operations that together represent two-Thirds of its current production and about half of its…
LATIN AMERICA — Aranlee steps up exploration work in Argentina
`First pass’ scout program completed on properties in Salta and Jujuy Having completed a shallow drill program earlier this year, Aranlee Resources (ARB-V) intends to carry out additional drilling thi…
LATIN AMERICA — Arlo to acquire Panamanian properties
Having signed a letter of intent with MinAmerica of Panama, Arlo Resources (ARD-V) plans to acquire four properties on the Cerro Colorado-Chorcha copper-gold trend in western Panama.The Daira, Manati,…
DIAMOND PAGE — Torrie pipe fails to sparkle
Redrilling of the Torrie kimberlite pipe at the Yamba Lake property in the Northwest Territories has confirmed the disappointing results recieved from bulk-sampling.Based on the most recent results, M…