Wheaton River put to test at Golden Bear
Despite a stormy past, the Golden Bear mine in northwestern British Columbia is being given a second chance by Wheaton River Minerals (TSE). Wheaton reached an agreement with Homestake Mining (NYSE) t…
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Las Vegas show
The bulls and bears of the newsletter world are being rustled together for a special session at the Investment in Mining conference, to be held this month in Las Vegas, Nev. Such newsletter luminaries…
THE DIAMOND PAGE — Kennecott’s underground program dispels
Some weeks ago, rumors were flying that Kennecott was about to pull out of the diamond exploration effort in the Northwest Territories. Those rumors, which originated somewhere in the U.S., were laid …
NEWS ROUNDUP — Gold Vessel buys Suriname interests
Alberta-listed Gold Vessel Resources, a subsidiary of St. Genevieve Resources (ME), has signed a deal to earn an interest in three properties in Suriname. Two of the properties comprise 20,000 hectare…
NEWS ROUNDUP — Musto completes metallurgical study
With a final feasibility study due by the end of October, International Musto Explorations (VSE) is seeking partners for its Bajo de La Alumbrera project in Argentina. Several major companies reported…
THE EDITORIAL PAGE — Mining and government (1)
From its early roots in the 1800s up until the late 1970s, the Canadian mining industry enjoyed a synergistic relationship with provincial and federal governments. The goals of the industry and govern…
Royal Oak plots re-opening of Colomac mine, teams up with
The Colomac gold mine will be re-opened next spring by Royal Oak Mines (TSE), a Canadian gold producer which recently announced plans for its first mineral venture outside North America. The company p…
Eritrea boasts potential
Eritrea, a newly independent African country on the Red Sea, holds solid potential for mineral deposits, according to a report by R. Rumbold et Associes. “Almost the whole of the country consists of P…
Republic signs second Cuban letter
Vancouver-listed Republic Goldfields has signed a second letter of intent with the Cuban government to explore and develop a large, 2,100-sq.-km. concession on the eastern side of the island. The conc…
LAST BUT NOT LEAST — Preussag subsid to sell Ego cobalt
Cobatec, a wholly owned subsidiary of Ego Resources (TSE), will allow Amalgamet Canada to market cobalt products produced at Ego’s recovery plant near Cobalt, Ont. The plant, to come on-stream in the …
Asia Minerals advances Chinese joint venture
An independent feasibility study prepared for Asia Minerals (VSE) by Cominco Engineering Services has firmed up reserves at the QDS project in Shanxi province, northeastern China. The deposit is estim…
THE LATIN BEAT — Junior focuses on Peru copper belt
VSE-listed Thumper Resources is setting its sights on the Southern Peru copper belt. The junior can earn up to a 50% interest in a group of properties held by a private company controlled by David Low…