Drilling is under way on the Woolgar-Tree River area, east of Coppermine, N.W.T., reports Rhonda Mining (ASE). The program is designed to test large geophysical (induced polarization) anomalies in the…
Regulators have approved a rights offering for Dufresnoy, Societe d’exploration miniere (ME). Each shareholder will receive one right for each common share held. Four rights will buy one unit (compris…
Having decided to focus on coal mining, Nerco, a wholly owned subsidiary of RTZ (NYSE), has sold its oil and gas assets for about US$510 million in cash. RTZ bought Nerco in June for about US$470 mill…
With the drills still turning on the Casino copper-gold property in the Yukon, Pacific Sentinel Gold (VSE) has expanded its budget for this year’s work by $3 million to a planned total of $10.2 millio…
A crew has arrived at the Cross mine properties in Colorado to begin an airborne geophysical survey, International Larder Minerals (TSE) reports. An additional 45 claims have been acquired west of the…
The stage is set for Venezuelan Goldfields (VSE) to acquire a 19.99% interest in the Lihir Island gold deposit in Papua New Guinea. Widely considered to be the world’s largest undeveloped gold resourc…
Permits are in hand for a bulk sample of the Heino-Money zone at the Tillicum Mountain property near Nakusp, B.C. Bethlehem Resources (TSE) and Goldnev Resources (VSE) signed an agreement earlier this…
Clynton Nauman appointed general manager, Spring Creek Coal Co. N5…
Toronto-listed Tri Origin Exploration has begun a 2,000-metre program at its gold project 90 km north of Sault Ste. Marie, Ont. Previous trenching and diamond drilling defined a 4-km-long, gold-bearin…
Based on 115 reverse circulation holes drilled in 1992 and 1993, Azco Mining (TSE) estimates its Piedras Verdes deposit near Alamos, Mexico, contains about 87.2 million tonnes grading 0.43% copper. Us…
Avalanches rarely make headlines. Occasionally, they create havoc on the ski-slopes and that’s about the only time we hear of them. But in high-mountain country in winter, they are an ever-present haz…
London Metal Exchange Spot closing prices in $US per tonne Date Aug. 10 Aug. 9 Aug. 6 Aug. 5 Aug. 4 Copper 1936-1937 1957-1958 1968-1969 1958-1959 1954-1955 Lead 392-393 391-392 397-398 404-405 398-39…
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