Pioneer options deposit near Puffy
As part of a strategy to reactivate the Puffy Lake gold mine near Flin Flon, Man., Pioneer Metals (PSM-T) has optioned the nearby Nokomis Lake gold property in hopes of establishing a reserve there mi…
News
Partners define reserves at Yaou gold project
The four partners developing the Yaou gold project in French Guiana have calculated a probable reserve figure of 10.3 million tonnes grading 2.7 grams gold per tonne.The joint venture consists of Guya…
Sudbury symposium to feature mining and mineral technology
A symposium scheduled for Sept. 30-Oct. 3 in Sudbury, Ont., will highlight advances in mining and processing technology, as well as improvements in environmental research.Entitled “Mining and Minerals…
PRODUCER PRICES (September 16, 1996)
ALUMINIUM: LME settlements US$1,427.50 per tonne (Sept. 10, 1996), alloy US$1,255 per tonne (Sept. 5, 1996).ANTIMONY: Composite free market, US$2,625 per tonne (Sept. 10, 1996).BISMUTH: Composite free…
THE DIAMOND PAGE — Trenching unearths diamondiferous gravels in central Africa
Trenching by partners United Reef (URP-T) and Trans Hex International (THXI-C) has uncovered diamond-bearing gravels along a bank of the Bangoran River in the Central African Republic.The discovery wa…
Armada Gold boosts stake in Russian project
The Chita region of southeastern Russia continues to captivate Armada Gold (AAU.A-T).The company has completed a series of transactions that will increase to 85% from 66% its controlling equity in the…
Nevsun announces private placement
Nevsun Resources (NSU-T) has announced a private placement of up to 3 million special warrants at $10 each.Gross proceeds are expected to total $30 million, a portion of which will be used to develop …
LITERATURE REVIEW SPECIAL — NEWS ROUNDUP — Newmont adds ground near Rain
Newmont Gold (NGC-N) has bought Quest International Resources’ (QIX-T) stake in the Tess gold property in Elko Cty., Nev.The major will gain complete ownership of the 3.5-sq.-mile property, near the R…
Omax Resources expands holdings in Indonesia
One of several Australian-based juniors listed in Canada, Omax Resources (OXR-V), is assembling an extensive portfolio of properties in Indonesia and appointing new management to oversee exploration t…
LITERATURE REVIEW SPECIAL — Inco names Gendron president of VBN
Nickel giant Inco (N-T) has announced that longtime Inco executive A.S.Gendron has been appointed president of Voisey’s Bay Nickel Co. (VBN), a subsidiary.Gendron will lead a new team to develop the V…
LITERATURE REVIEW SPECIAL — Getchell ups gold resource for Turquoise Ridge deposit
With the headframe up and the hoist installed at the Turquoise Ridge gold project in northern Nevada, operators are turning their attention to sinking a ventilation shaft.Getchell Gold (GGO-X) chose t…
LITERATURE REVIEW SPECIAL — Dynacor explores Acari mine
A new mill is under construction at the Acari gold project in Peru, reports Dynacor Mines (DYN-M). The crushing circuit is being tested with a 50-ton bulk sample that will enable the company to estima…