Zinc core delineated at Caber
Partners Southern Africa Minerals (SAF-T) and Noranda (NOR-T) have outlined a core of high-grade zinc mineralization in the Caber deposit, 25 km west of the Matagami mining camp in northern Quebec.Twe…
1998
INDUSTRIAL MINERALS — Freeport Sulphur merger going ahead
In a weak market for both sulphur and hydrocarbons, Freeport Sulphur (FSC-N) has fashioned a merger with its oil-producer cousin, McMoRan Oil and Gas.The historic sulphur company, the original develop…
PEOPLE — Formation Capital (October 19, 1998)
Paul Saxton appointed director.
SUPPLIERS NEWS ROUNDUP — Dolbear expands Canadian presence
Denver-based mining consulting firm Behre Dolbear has opened an office in Vancouver, its second in Canada.James Currie, former president of Cornucopia Resources, was appointed vice-president in charge…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — A defensive strategy for accumulation
Bargain-hunting in the junior exploration business during hard times has proved to be a durable strategy for speculative investors. That the time appears to be right for this strategy, with many junio…
Kennecott drilling confirms Legend kimberlite
Kennecott Canada has confirmed that the Phoenix discovery on the Legend property in northeastern Alberta is indeed kimberlite.Kennecott, a division of London-based Rio Tinto (RTP-N), made the find whi…
PEOPLE — SouthernEra
Patrick Evans appointed director, A.L. Barker appointed senior VP, Kim Freeman appointed VP of operations, and Frank van de Water appointed VP of finance.
Solitario finds partners for Peruvian projects
Solitario Resource (SLR-T) has secured partners for two of its properties in northern Peru.Placer Dome (PDG-T) can earn a 60% interest in the 620 sq. km. Yanacocha copper-gold project by spending US$4…
Teck, Western Copper discover high-grade silver in Mexico
A potential silver mine has been discovered at the El Salvador project in Mexico’s Zacatecas state.A single, vertical diamond drill hole intersected a near-surface 32.6 metres averaging 230.2 grams si…
Fortune outlines Bowl zone at Nico
London, Ont.-based Fortune Minerals (FORM-C) has further outlined the Bowl zone at its 80%-owned Nico base metals project in the Northwest Territories following an 84-hole summer drill program.The pro…
Canadian BHP arm wins B.C. reclamation prize
The Canadian subsidiary of Broken Hill Proprietary has been awarded the 1997 British Columbia Mine Reclamation Award for its work at the Island Copper mine near Port Hardy.Once the third-largest coppe…
The Northern Miner — North American Mining Index (October 12, 1998)
107.16 (Sept 30/98 = 100)For an explanation of these new indices, see The Northern Miner’s Mining Indices…