1997

Columbia welcomes financing

Welcome Opportunities (WLO-V) will buy 1 million units of its joint-venture partner, Columbia Gold Mines (COB-V), at $1.15 each.A unit consists of one share and one non-transferable share purchase war…


PRODUCER PRICES (March 24, 1997)

ALUMINIUM: LME settlements US$1,610 per tonne, alloy $1,510 per tonne (Mar. 18/97).ANTIMONY: Composite free market, US$2,175 per tonne (Mar. 18/97).BISMUTH: Composite free market US$3.15 per lb. (Mar….



Goldbelt discovers porphyry in Kazakstan

Goldbelt Resources (GDB-V) has discovered a porphyry copper-gold deposit at its Berezky Central prospect in northeastern Kazakstan.The discovery was made following a 2,100-metre, 11-hole drill program…



Indochina to sell Vietnamese properties

Indochina Goldfields (ING-T) will sell its interests in two adjoining gold exploration prospects in Vietnam to Olympus Pacific Minerals (OYM-V).The sale, worth US$7.5 million in cash and shares, would…



Costa Rica pulls plug on Placer’s exploration

The government of Costa Rica has ordered Placer Dome (PDG-T) to halt exploration at the Cerro Crucitas gold property, alleging the company is in non-compliance with its environmental impact statement….


Cerro Colorado undergoes feasibility

Toronto-based Tiomin Resources (TIO-T) is proceeding with a full feasibility study at the giant Cerro Colorado copper project in western Panama.In accordance with the development agreement, the compan…


Delgratia makes waves on U.S. markets

Shares of Delgratia Mining (DELGF-Q) hit the US$30 mark after more results were released from reverse-circulation drilling carried out at the company’s property, 50 km south of Las Vegas, Nev.At the e…


Chivor’s Oriente mine flowing green

Chivor Emerald (CHIV.U-C) has achieved commercial production at its Oriente mine, which lies in the Chivor district of Colombia.The emeralds are being mined from a vein system recently discovered at w…



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