IGR’s Bibiani play enhanced
Independent consultants estimate the Bibiani project in Ghana contains 1.8 million oz. gold, which includes measured and indicated resources from tailings, surface mine waste and the Main zone. Toront…
News
ODDS’N’SODS — Mr. and Mrs. Bullion’s misadventure
Considering his surname and the fact that he majored in geology in his native England, it seemed only natural that M.J. Bullion would migrate to the booming gold camp of Porcupine in northern Ontario …
EDITORIAL PAGE — Who’s cleaning up at Summitville?
The name of Robert Friedland is mud in Colorado, where he will be forever linked to that mine from hell: Summitville. Even in mining circles, where a few words of admiration are grudgingly doled out f…
Sharpe, Freewest release additional Wisconsin results
Partners Sharpe Energy and Resources (VSE) and Freewest Resources Canada (TSE) have received additional drill results from their Wisconsin massive sulphide program. The two companies are earning a 60%…
Gold found on Esperanza skarn project
A privately owned Mexican company, Recursos Cruz del Sur, has confirmed that gold values exist on its Esperanza property near Mexico City. Selected rock chip samples have returned up to 12.1 grams per…
Behre Dolbear in Bolivian deal with COMIBOL
International consulting firm Behre Dolbear & Company has signed a 5-month contract with Bolivian state-owned mining enterprise COMIBOL for technical and economic evaluation services. The services con…
Milling results from Beaufor
Partners Louvem Mines (TSE) and Aurizon Mines (TSE) are encouraged by results from their Beaufor gold project near Val d’Or, Que. In December, the operation yielded 1,998 oz., raising production for t…
INVESTMENT COMMENTARY — MK Gold seen as undervalued
Brokerage house Robertson, Stephens & Co. recommends MK Gold (NASDAQ) as a buy, describing it as an “undervalued gold miner with a bright future.” And yet, despite this positive outlook, investors app…
DIAMOND NEWS ROUNDUP — Parker Lake diamond discovery prods
An unusual and unexpected diamond find at the Parker Lake property, west of Hudson Bay in the Northwest Territories, sent a momentary shock wave through an otherwise sleepy diamond market. The Geologi…
New zones at La Ronde mine
Ongoing exploration by Agnico-Eagle Mines (TSE) is enhancing the resource potential of its La Ronde mine property near Cadillac, Que. La Ronde, which started up in 1988, is Agnico-Eagle’s main operati…
Noranda to develop Bell Allard
Noranda Mining & Exploration (NM&E), a wholly owned subsidiary of Noranda (TSE), will spend $84 million to develop the Bell Allard zinc-copper deposit, near the company’s Matagami division in northwes…
LETTERS TO THE EDITOR — Vendors terminated option
I would like to bring your attention to an error in your Feb. 6 edition. In the “News Roundup” column on Page 3, in the story “Blue Emerald eyes yellow metal,” it is stated, in reference to the compan…