Echo Bay defers mine construction plans
Low gold prices have derailed plans by Echo Bay Mines (ECO-T) to construct two new gold mines — Paredones Amarillos in Mexico and Aquarius in Canada — and develop the Ulu gold project in Canada’s No…
1997
Kazakstan kills Gold Pool contract
Things are getting ugly in Kazakstan: Just weeks after cancelling World Wide Minerals’ (WWS-T) contract to manage uranium operations in Stepnogorsk, the Kazakstani government’s State Property Departme…
PEOPLE — PLACER DOME (August 25, 1997)
Dee Parkinson-Marcoux appointed director.
Exploration continues at Stenpad
The exploration program at the Stenpad concession in Ghana is continuing following a technical audit that concluded earlier trench sample assays were “unreliable.”Golden Rule Resources (gnu-t) and Hix…
Inmet posts profit in second quarter
Thanks to higher copper and zinc prices, as well as drops in both cash costs and exploration expenditures, Inmet Mining (IMN-T) was able to post a profit for the second quarter.For the three months en…
GREATEST VALUE TRADED, August 13-19
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LITERATURE REVIEW — Yuma completes feasibility study — Delays caused by efforts to gain approvals for process water
A bankable feasibility study is in hand for Yuma Copper’s (YUM-V) Tuina copper project, 60 km southeast of Chuquicamata, in northern Chile.Prepared by Bateman Engineering in association with New Baron…
Mispec to launch resource calculation
Drilling by Mispec Resources (MPE-M) at its Jampang gold project in West Java, Indonesia, continues to return impressive results.In the latest program, the company completed 4,000 metres in 28 reverse…
PEOPLE — TAURUS EXPL.
Stuart Rogers appointed director.
FACTS ‘N’ FIGURES — Bullish future for aluminum
The most important feature of the aluminum market during recent months has been the rapid drawdown of the visible exchange and producer-held stocks. The decline has been supported by a strong recovery…
PEOPLE — CHAPLEAU RES.
James Stypula and Allan Rella appointed directors.
PEOPLE — BITTERROOT RES.
Terence Ortslan appointed director.