Pacific Amber expands Indonesian presence
The signing of a memorandum of understanding to acquire 112,000 hectares in West Kalimantan marks the fourth property acquisition for Pacific Amber Resources (VSE) in Indonesia.Under the agreement wit…
News
Amax opts out of Robertson play
After almost six years of exploration and development work on the Robertson property in Nevada’s Crescent Valley, Amax Gold (NYSE) has decided to return the project to owner Coral Gold (VSE).In 1995, …
$4.5 billion, or $43.50 per share — Inco tops Falconbridge’s bid for Diamond Fields
A rival suitor has crashed the Falconbridge (TSE)-Diamond Fields Resources (TSE) wedding. Whether Falconbridge will rise to the challenge or be left alone at the altar remains to be seen.Inco (TSE) ha…
Feasibility leads to mine reopening
Results from a feasibility study of the OK copper mine near Milford, Utah, suggest that a reopening would be viable.The use of solvent extraction-electrowinning would enable the mine to produce about …
Cristinas start hinges on mining law
Though a feasibility study at the Cristinas project in Venezuela is projecting yearly output at 450,000 oz. gold at an average cash cost of US$205 per oz., Placer Dome (TSE) is waiting to schedule con…
Copperstone’s Boleo copper-gold project is taking shape in Mexico
With more than 3,000 metres of a planned 4,000-metre winter drill program complete, Copperstone Resources (VSE) is testing the continuity of thickly mineralized beds on the Nuevo Lucifer concession at…
U of T gets donation from Lassonde
The University of Toronto will establish the Lassonde Program in Geological and Mining Engineering, following receipt of $5 million from Pierre Lassonde, president of twin companies Franco-Nevada Mini…
Drilling institute seeks cost-cutting ideas
The National Advanced Drilling and Excavation Technologies institute is requesting proposals for projects that would reduce drilling costs.The institute is a research and development consortium suppor…
Golden Shamrock is optimistic over Siguiri
Toronto-listed Golden Shamrock Mines has received a positive feasibility study for its 70%-owned Siguiri I project in Guinea, West Africa. The remaining 30% of the project is split between the governm…
OBITUARIES — Roger Pemberton
Roger Pemberton, former director of geophysics at Noranda Exploration, has died. He was 64.Mr. Pemberton, a registered professional engineer, graduated from the University of Western Ontario with a ba…
Toronto firm joins Chinese survey venture
Toronto-based Paterson, Grant & Watson will assist in the compilation of the first magnetic database in China.The venture, dubbed the China Aeromagnetic Mapping Project (CHAMP), will use high-resoluti…
Arian awaits Julietta feasibility study
While many know the potential of the Pacific Rim of Fire, few companies have tested the prolific belt in its northern reaches, in far eastern Russia.Among the few is CDN-listed Arian Resources, which …