1997

Sonoma drill-tests Argentine copper-gold project

A 10-hole program of diamond drilling is enabling Sonoma Resource (SNA-V) to test the Cerro Toro project in Argentina.Believing a copper-gold porphyry system exists at depth, the junior is focusing it…





Pan African eyes Ndori gold property in Kenya

An agreement between a private company and Pan African Resources (PARC-C) gives that company the option to acquire a 75% interest in the Ndori gold property in southwestern Kenya.Pan African recently …


Altai allies with Normandy Mining

Toronto-based junior Altai Resources (ATI-T) is forming an alliance with Australian major Normandy Mining (NPL-ASX).Under the agreement, Normandy will be issued 805,000 units of Altai Resources, equiv…




Glimmer strikes deal

A private placement of just over a million shares will allow Glimmer Resources (GME-V) to meet cash calls for development work at the Glimmer project in Hislop Twp., east of Matheson, Ont.Glimmer and …


PRODUCER PRICES (January 06, 1997)

ALUMINIUM: LME settlements US$1,523.50 per tonne, alloy $1,377.50 per tonne (Dec. 24/96).ANTIMONY: Composite free market, US$2,075 per tonne (Dec. 27/96).BISMUTH: Composite free market US$3.20 per lb….


New discoveries made in Sweden

Exploration activity has picked up steam in Sweden since Boliden announced the discovery of a gold deposit in the country early last year.The deposit, which is now reported to contain 8 tonnes of gold…


FACTS `N’ FIGURES — Silver forecast rosy

World silver production will increase over the next four years in North and South America, as well as Australia. These increases will help bridge the gap between mine supply and silver demand, which h…


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