Detector increases Peruvian holdings
The Oro Venteada gold property in Peru will be explored by Alberta-based Detector Resources (DTR-A).The 800-ha property, which was previously worked by artisanal miners, lies in the Nazca-Ocona metall…
News
THE DIAMOND PAGE — Drilling program postponed on Alberta anomalies
Drilling on the 225,000-acre Troymin property near Hinton, Alta., has been postponed until the new year, as a result of winter weather conditions.Nine potential kimberlite targets, identified by geoph…
Nelson Gold halts operations
Mining and milling operations at the Jilau mine in Tajikistan have been halted for the second time this year, pending resolution of an impasse between operator Nelson Gold (NLG-T) and the Tajikistani …
PRODUCER PRICES (October 28, 1996)
ALUMINIUM: LME settlements US$1,323 per tonne (Oct. 22, 1996), alloy US$1,220 per tonne (Oct. 17, 1996).ANTIMONY: Composite free market, US$2,100 per tonne (Oct. 22, 1996).BISMUTH: Composite free mark…
Consultations to precede changes to Quebec Mining Act
Quebec’s Ministry of Mines is kicking off a consultation tour in anticipation of changes to the province’s Mining Act.The proposed amendments are designed to simplify the process of obtaining mineral …
NEWS IN BRIEF (October 28, 1996)
Antilles Resources (ARY-V) has changed its name to Golden Palm Resources (GPR-V) with a consolidation of capital on a 1-new-for-5-old-share basis.
Guyanor to sell shares in France
Regulatory authorities in France have approved a preliminary prospectus for Guyanor Ressources (GRL.B-T) to list its Class B common shares for trading on the Nouveau Marche of the Bourse in Paris, and…
American Gem poised to become player in world sapphire market
While mining gem-quality sapphires in Montana has long been regarded as a risky proposition, the pieces seem to be falling into place for American Gem (GEM-T).In the past two years, the Montana-based …
Chivor completes adit in Colombia
Junior Chivor Emerald (CHIV.U-C) has completed driving of the new Dixon adit at the Oriente emerald mine in Colombia.Chivor owns 80% of the mine and has been expanding the operation while continuing t…
Inco intensifies work at Voisey’s Bay project
There were a few hiccups, but Inco (N-T) has digested Diamond Fields Resources and is moving ahead with plans to develop the big nickel-copper deposit at Voisey’s Bay, Labrador.Inco has set the enviro…
MEXICO AND CENTRAL AMERICA — Greenstone aims to expand production in Central America
Central America’s largest gold producer, Greenstone Resources (GRE-T), expects output from its properties in the region will increase to 402,000 oz.before the end of the century.With one operating min…
MEXICO AND CENTRAL AMERICA — High River leads foray into Central America
Central America was the home of the Mayans, who were known for their love of gold. Spain’s conquistadors showed the same enthusiasm for the yellow metal and made the region a major source of the gold …