TSE INDICES (September 08, 1997)
1997Sept 2Sept 1Aug 29Aug 28Aug 27HighLowComposit…
Articles by Northern Miner Staff
Drilling tests for nickel in Yukon
A 20-hole drill program comprising 2,500 ft. will test a deposit of nickel mineralization for potential minable thicknesses at the Taiga project, 95 km northeast of Dawson City, Y.T.The project consis…
Kinross Gold takes writedown — US$24-m charge wipes out operating profit
An after-shock from the Macassa rock burst in April has registered on the books at Kinross Gold (K-T).Although production has resumed on the upper levels of the mine, situated east of Kirkland Lake, O…
Noble Peak finds new zones
Noble Peak Resources (NPK-A) has discovered two new zones of gold mineralization during a drill program that tested an area north of and below the Worcester gold mine in South Africa’s Barberton green…
MOST ACTIVE ISSUES (September 08, 1997)
ExchgVol(000s)CloseDenison MinesT70540.34CrystallexT…
Coeur d’Alene gets EIS OK for Kensington
The Final Supplemental Environmental Impact Statement (FSEIS) for the Kensington gold project in Alaska has been given the nod by the U.S Forest Service, the Environmental Protection Agency and the Ar…
Cumberland hits more gold at Meadowbank
Drilling at the recently discovered Bay zone at the Meadowbank property of Cumberland Resources (CBD-T) near Baker Lake, N.W.T., has recovered additional high-grade gold values.A first-phase drill pro…
TSE SHORT POSITIONS (September 08, 1997)
Short positions outstanding at August 15, 1997Larger individual positions include: Anvil Range Mining 125,500, up 125,500; Barrick Gold 10,721,067, down 1,083,831; Bema Gold 4,321,786, down 85,500; Ca…
MOST ACTIVE ISSUES, August 20-26
ExchgVol(000s) CloseChangePan Amern ResM56800.25Denison Mines…
SPOT PRICES (September 01, 1997)
Wednesday, August 27, 1997Price (US)Week’s ChangeGold*$325.30+ $3.30Silver*$ 4.66…
TORONTO STOCK EXCHANGE INDICES (September 01, 1997)
1997Aug 26Aug 25Aug 22Aug 21Aug 20HighLowComposite”300″6697.916732.916709.786732.976773.136964.085657.96Metals & Minrls5100.355168.555115.825146.505194.905891.754927.03Integrated …
Drills turn at Lew property
A 6-hole drill program totalling 2,000 metres is under way at the Lew volcanogenic copper-zinc property, 20 km east-northeast of Flin Flon, Man.Partners Thunderwood Resources (THS-T) and Consolidated …