GREATEST VALUE TRADED, Jan. 29-Feb. 4
ExchgValue($000s)HighLowCloseChangePlacer DomeT16…
Articles by Northern Miner Staff
Spot prices at a glance (February 10, 1997)
Wednesday, Febuary 5, 1997Price (US)Week’s ChangeGold*$343.15- $7.00Silver*$ 4.86…
Rhonda hits solid grades at Esker
Drilling at the lead-zinc-silver Esker project in the Northwest Territories has returned encouraging results for Rhonda Mining (RDM-A).Results include: 5.6 ft. grading 0.94 oz. silver per ton and 18.3…
METAL PRICES — FREE MARKET (February 10, 1997)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateFeb. 4Feb. 3Jan. 31Jan. 30Jan. 29…
Band-Ore Res. proves up Thorne gold property
Junior Band-Ore Resources (BAN-T) will begin a 92,000-metre drill program to delineate resources at its Thorne gold property, 20 km southwest of Timmins, Ont.The new program will consist of six rigs a…
Solitario drilling hits high grade
Drilling continues at the Canada Onda gold project of Solitario Resources (SLR-T) in Argentina, following the identification of high-grade gold mineralization.Results of five holes drilled over 756 me…
STOCK MARKETS — TSE posts gains as miners look on
The Toronto Stock Exchange gained 498.70 points (or 1.6%) over the report period ended Feb. 4 to close at 6,145.41 — a new record.The banks, retailers and industrial manufacturers were the big gainer…
First Dynasty ups Dublin Gulch reserves
Vancouver-based First Dynasty Mines (FDM-T) reports that reserves at its Dublin Gulch project in the Yukon have exceeded 1 million oz. gold.Based on 1996 drill results, reserves for the Eagle sulphide…
Larder expands Ontario exploration portfolio
A letter of intent with Explorers Alliance sets the stage for International Larder Minerals (LRDR-C) to expand its exploration portfolio in Ontario.Larder plans to acquire all the share capital of Exp…
Third of workforce laid off at Detour Lake
Placer Dome (PDG-T) has laid off almost a third of the workforce at its Detour Lake gold mine in northeastern Ontario.The layoffs — part of a plan to reduce production costs — will affect 103 of 347…
Abacus tallies resource at Niblack project
Abacus Minerals (AMC-V) has calculated a drill-indicated resource for the Lookout zone of its Niblack volcanogenic massive sulphide project in southeastern Alaska.The resource stands at 1.8 million to…
ODDS’N’SODS — A lunch fit for a mouse
In the 1930s, the Paymaster Consolidated gold mine near Timmins, Ont., was known as the “ham, jam and an orange mine.”When the Paymaster restarted in 1933, for the second time, funds were in short sup…