BHP shuts sulphide stream at Pinto Valley
As a result of sustained lower copper prices, Australian major Broken Hill Proprietary (BHP-N) will shut down sulphide operations at the Pinto Valley copper mine, near Miami, Ariz.BHP called a halt to…
1998
Rio Narcea pours gold at El Valle mine in Spain
Rio Narcea Gold Mines (RNG-T) has celebrated its first gold pour at the Spanish open-pit mine known as El Valle.Situated in the northwestern region of Asturias, the mine entered production only nine m…
EXPLORATION 1998 — Intrepid steps up Salvadoran work
With silver prices showing signs of gradual improvement, Toronto-based Intrepid Minerals (IAU-A) is intensifying its exploration efforts in Central America.* El Salvador — Drilling at the company’s S…
Mar-West to drill Cerro Blanco
Mar-West Resources (MSR-V) is drawing favorable comparisons between two of its Latin American gold properties: the San Martin deposit in central Honduras and the Cerro Blanco prospect in southeastern …
EXPLORATION 1998 — Drilling starts at Timmins West
A drill program by Prospectors Alliance (PALL-C) is testing several deep geophysical targets at the Timmins West gold property in northeastern Ontario.Most of these targets lie within a regional break…
EXPLORATION 1998 — Juniors explore in Solomon Islands
Junior companies are continuing to explore projects in the Solomon Islands, an archipelago in the South Pacific in which gold and copper-gold porphyry systems appear to be the main exploration targets…
EXPLORATION 1998 — Rift, Reunion hit widespread gold in Zimbabwe
With results in hand from the first 20 holes of an 80-hole drill program, Rift Resources (RIF-V) is reporting the discovery of widespread gold mineralization at the Silobela project in Zimbabwe.The To…
Murgor cuts gold at Mishibishu
Montreal-based Murgor Resources (MUG-M) has intersected significant gold mineralization in the first phase of drilling at its Mishibishu property, situated about 50 km northwest of Wawa, Ont.The 1,500…
EXPLORATION 1998 — Greenland aims to attract companies
Eager to attract mining companies to Greenland, the Geological Survey of Denmark and Greenland (GEUS) is using a series of airborne geophysical surveys to promote the island’s mineral potential.The ag…
EXPLORATION 1998 — Reserve boost at Skorpion deposit
London-listed Reunion Mining has reported a 50% increase in tonnage and a 10% increase in the average grade of the Skorpion zinc oxide deposit near Oranjemund, in southwestern Namibia.The company is e…
STOCK MARKETS — Metal stocks lift TSE past the 7,000 level — Higher nickel price boosts Inco shares
Fueled by strong performances in the gold and base metal sectors, the Toronto Stock Exchange 300 composite index rose 189.68 points, or 2.7%, to end the report period of Feb. 25 to Mar. 3 at 7,137.93….
Nfld. pushes nickel smelter
The Newfoundland government is pressuring Inco (N-T) to build a smelter and refinery to process nickel concentrates from its Voisey’s Bay project in Labrador, now in the permitting phase.”No smelter, …