With two exploration programs already under way in Chile, Yamana Resources (YRI-T) has decided to launch a third.The work will focus on a 84-sq.-km land package in the northern province of Antofagasta…
Keeping the third quarter of 1997 as its target production date, Namco (NMR-T) has arranged for the design and construction of a marine diamond mining system, to be used at its licence areas off the c…
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…
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…
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…
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…
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 …
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…
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…
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…
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…
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 …
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