ODDS ‘N’ SODS — The emerald explorer
By the time he came to live in Red Lake, Ont., in April 1945, Peter Rainer had already discovered more emeralds than any other man in the world.As the new consulting engineer for a New York City-based…
1997
STOCK MARKETS — MOST ACTIVE ISSUES, June 11-17
ExchgVol(000s)ClosePure Gld ResT73430.26Barrick GoldT…
Viceroy opens Yukon gold mine — Gold recovery proved possible during cold temperatures
The discovery of placer gold in the Klondike in 1896 triggered one of the world’s last great gold rushes, attracting thousands of people from all corners of the world. One hundred years later, the sea…
BASE METALS — Cobre Mining has shares listed on TSE, expands mill at Continental copper operation
After three years of operations as a private company, Cobre Mining, owner of the Continental copper mine in southern New Mexico (CBU-T), has decided to go public.So far, this year has been a busy one …
BASE METALS — Laminco moves ahead with San Antonio development — Copper production from northern Mexican deposit could begin by late 1998
The Luz del Cobre hydrothermal copper deposit in northern Mexico is moving closer to production.Reno, Nev.-based Laminco Resources (LMR-T) has just signed a letter of intent with a private U.S. invest…
BASE METALS — Redfern updates Tulsequah study
A massive sulphide project in Portugal will provide an exploration focus for Redfern Resources (RFR-T) while engineering and permitting work continue at the Tulsequah Chief property in northwestern Br…
BASE METALS — Valerie determined to find gold mine in Mexico
In spite of disappointing drill results, Valerie Gold (VLG-V) is persevering in its exploration efforts on the Mamantla polymetallic property in south-Central Mexico.The company’s stock price reached …
BASE METALS — Katanga projects proceed in Congo
The newly formed government of the Democratic Republic of Congo (formerly Zaire) has ratified an agreement to develop the Kambove and Kakanda tailings projects, which are held by Gecamines and Interna…
BASE METALS — Redex Gold puts its eggs in Bolivian basket
It was partly the mineral riches of Bolivia that drew the conquistadores to South America almost five centuries ago, and the country’s mineral potential continues to prove attractive. Among the explor…
Juniors lured to Xinjiang region
The potential for large, bulk-Tonnage gold deposits has lured a growing number of mining companies to the Xinjiang Uygur Autonomous Region of northern China.Xinjiang is a neighbor to the Central Asian…
Inca Pacific initiates Peruvian exploration — Program aimed at testing epithermal gold-silver targets
In west-Central Peru, the first phase of exploration is under way at the Pasacancha property of Vancouver-based Inca Pacific Resources (IP-V).The property covers a belt of Mesozoic sedimentary rocks a…
Campo Morado yields massive sulphide deposits
Drill-Testing by Farallon Resources (FAR-V) has uncovered two new massive sulphide deposits at the Campo Morado property, 160 km southwest of Mexico City.The discovery brings to five the number of gol…