Twin Gold (TWG-T) has closed a private placement of 873,948 units priced at 30 cents each, for proceeds of $262,184. Each unit consists of one common share and one share-purchase warrant. Each warrant…
Short positions outstanding at June 30, 1998Larger individual positions include: Barrick Gold 13,208,190, down 2,203,712; Boliden 47,400, down 1,679,616; Cornucopia Resources 0, down 201,100; Dakota M…
London-based Samax Gold (SMX-T) will team up with Montreal-based Semafo (SMF-T) to develop the latter’s Ebi-Teleku Bokazo gold property in southwestern Ghana.An agreement-in-principal would see Samax …
Bringing to a close two years of review and consultation regarding the provincial mining act, the Quebec national assembly has passed legislation that simplifies the process of acquiring mining rights…
The Kazakstani government has drafted a bill aimed at simplifying regulations for gold miners, but has scrapped value-added tax (VAT) exemptions for foreign companies operating there.The proposed legi…
The Toronto Stock Exchange 300 index gained 45.21 points during the July 2-7 report period to finish at 7,454.60. While the metals and minerals sub-index fell 1.2% to 3,534.02, the gold and precious m…
Wednesday July 8, 1998Price (US)Week’s ChangeGold*$294.35- $1.40Silver*$ 5.33…
Three people, including High River Gold Mines director Colin Chapman, were killed July 1 when a helicopter caught fire and crashed in southern Siberia.The other 13 passengers were injured, including H…
High River Gold Mines director Colin Chapman has died. He was 55.Chapman was born in Birmingham, England. He earned a B.Sc. in mineral processing from the Royal School of Mines in London in 1965, havi…
ExchgVal($000s)HighLowCloseChangeInco LtdT60192…
I am seeking information on a Northwest Territories diamond exploration company called Cypango Ventures. The company holds a large land position neighboring Dia Met Minerals’ diamond discovery. I am f…
Production at the Gazar placer operation of Java Gold (JVAG-C) in Mongolia got off to a rocky start in 1997, with just 457 oz. gold being produced from the start of operations in June to the end of th…
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