Gitennes faces legal hurdle at Virgen
A dispute between Cambior (CBJ-T) and the original owners of the Virgen gold property in Peru has created a stumbling block for Gitennes Exploration (GIT-T).In February, Cambior terminated its option …
2000
Anaconda awaits scoping study for Magistral project
Anaconda Peru has completed the final four holes of a 26-hole, 8,500-metre drill program at the Magistral copper-molybdenum porphyry/skarn deposit, held by Inca Pacific Resources (IP-V).With this year…
Partners expand Bongara
Denver — Drilling by the Australian company Pasminco has encountered significant mineralization in nine of 16 holes at the Bongara zinc project in northern Peru.Bongara is a joint venture between Pas…
Producer and Dealer Prices (October 23, 2000)
Antimony: Mid-mkt US$1,730/t.Bismuth: Mid-mkt US$3.50/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$15.95-17.75/lb.Copper: Comex Dec. US$0.883/lb.Indium: In…
Golden Temple bags Mexican discovery
Vancouver-based Golden Temple Mining (GTM-V) has acquired a Mexican property covering a new massive sulphide discovery in a region not previously explored for this deposit type.The 3,198-ha Dios Me Ay…
Minefinders ups Dolores resource (October 23, 2000)
A new resource estimate for the Dolores deposit in Mexico’s Chihuahua state shows that the Main zone hosts about 3.2 million oz. gold and 165 million oz. silver.Using results from 230 holes and a cuto…
Western Copper, partner drill in Zacatecas
Partners Western Copper Holdings (WTC-T) and Peruvian-based Mauricio Hochschild & Cia have launched a 3,700-metre, 12-hole drill program at their Penasquito silver-lead-zinc-gold property in Mexico’s …
Dia Met, Ekati stake put on block
Dia Met Minerals (DMM-T) and its 29% interest in Ekati, Canada’s first and only diamond mine, are up for sale.The company’s board of directors made the announcement after being advised by two major pr…
Taylor resurrection gets independent nod
An independent consultant to St Andrew Goldfields (SAS-T) has corroborated the need for an underground exploration and development program at the Taylor project, near Timmins, Ontario.Taylor, which wa…
Robex options new property
In a move that places it in a historic Mexican mining region, Robex Resources (RBX-M) has inked a deal to buy the Vianey mine property in Guerrero state, southwest of Mexico City, from LMX Resources (…
Eclipse of Logan by Trudeau unnecessary
Recently, Prime Minister Jean Chretien announced that Mount Logan, Canada’s highest peak, would be renamed Pierre Elliott Trudeau Mountain. I am surprised. Is Canada’s natural (geographic) endowment s…
LME Warehouse Levels (October 23, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 17/00 (change from Oct. 10 in brackets):MetalStock(tonnes)ChangeAluminium343825(…