Bruneau deposit proves a winner
A series of metallurgical tests has confirmed the “extremely high” quality of calcium carbonate concentrates from Bruneau Minerals’ (BRM-M) Lac St.-Jean, Que. deposits.Bruneau has reserves of 13.5 mil…
News
William Resources aims to take over Swedish gold miner
A unit of William Resources (WIM-T) has submitted a bid to take over Swedish gold mining firm Terra Mining.William is offering $33.25 per share, or $147 million, for the company, which is listed on th…
Producer Prices (November 11, 1996)
ALUMINIUM: LME settlements US$1,403 per tonne (Nov. 5, 1996), alloy US$1,265 per tonne (Oct. 31, 1996).ANTIMONY: Composite free market, US$2,000 per tonne (Nov. 5, 1996).BISMUTH: Composite free market…
Summo Minerals revises figures for Lisbon Valley
Lower copper prices have prompted Summo Minerals (SMA-T) to revise the final feasiblity study for its Lisbon Valley copper project in Utah.The new study, which is based on a copper price of US90 cents…
Columbia hits strong values at Finlayson Lake project
Two stepout diamond drill holes have encountered significant grades of copper-gold mineralization at the Fyre Lake project in the Yukon.Columbia Gold Mines (COB-T) reports that a southerly stepout of …
BYG Natural Resources starts production at Mt. Nansen
Production from surface oxide ores is under way at the Mt. Nansen project of BYG Natural Resources (BYG-T).The project, near Carmacks, Y.T., will exploit a series of vein-type gold and silver deposits…
Great Central on track Down Under
Quarterly production from Great Central Mines (GTCMY-Q) shows that the company is progressing toward its goal of cranking out more than 500,000 oz.gold for the year.During the July-to-September quarte…
Timmins camp still luring junior explorers
Work continues on projects in the Timmins West camp in northeastern Ontario, where four of six recently drilled holes at the Bristol Twp.property of Holmer Gold Mines (HGM-A) have encountered gold min…
Kinross to develop Vogel gold property
An agreement between Black Hawk Mining (BHK-T) and Kinross Gold (K-T) will allow for development of the former’s Vogel gold property in Hoyle Twp., 20 km east of Timmins.Black Hawk, which has been dri…
Mount Polley on track to yield gold and copper
At the Mount Polley gold-copper porphyry mine, 45 miles north of here, construction is proceeding on schedule toward a projected startup of late 1997.Imperial Metals (IPM-T) has a 55% interest in the …
Regions of Greenland subjected to geophysical surveys
An area in eastern Greenland has been targeted for regional magnetic and aeromagnetic mapping.The surveys, to be flown next summer, will test targets and structures near Constable Pynt and Mestersvig….
San Francisco mine undergoes expansion
Reserves continue to soar at the San Francisco gold mine in Mexico’s Sonora state.Geomaque Explorations (GEO-T) reports that minable reserves at the open-pit, heap-leach operation have increased by 22…