1997

St Andrew extends Taylor West porphyry

Exploratory drilling by St Andrew Goldfields (sas-t) at its Taylor gold property near Matheson, Ont., has extended the west porphyry zone another 122 metres westwards, bringing its known length to 610…


May output down for most primary minerals

Canadian production of iron ore and potash increased in May, compared with the same period last year. However, output of gold, silver, lead, zinc, nickel, asbestos and copper was down.The statistics s…


Juniors hit copper zone at Estaco

Recent drilling has confirmed the presence of a wide zone of copper mineralization within a known massive sulphide deposit at the Estaco base metal project in the Aljustrel area of southern Portugal.F…



Vista optimistic following Amayapampa feasibility

Despite a generally positive feasibility study for the Amayapampa gold project in Bolivia, Vista Gold (vgz-x) says mining would be uneconomic unless gold prices rise above US$350 per oz.The study call…


DIAMOND PAGE — Namco incurs quarterly loss

British-based Namco (nmr-t) incurred a loss of just over$3 million for the year ended May 31, 1997.The company continued development of its sea-floor diamond project off the coast of Namibia, which is…



COMMENTARY — Congo is open for business

The mining potential of the Democratic Republic of Congo, though tremendous, has not been properly exploited.As a result of the lack of exploitation of our natural resources, we are experiencing pover…





Rio Tinto farms out PNG porphyry

Rio Tinto (rtp-n) has farmed out a minority interest in the Wafi copper-gold porphyry in Papua New Guinea to an Australian firm.The British giant has given Provincial Gold Fields the opportunity to ac…


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