Drill results from the Drybones Bay diamond project in the Northwest Territories are proving encouraging for Trade Winds Resources (TDN-V).In 1996, the company tested the eastern portion of the comple…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.20/97 (change from previous week in brackets):Aluminium963,325(-5,175)Copper143,225(+11,750)Lead115,375(-2,275)Nickel49,…
Seven consecutive winning days pushed the Toronto Stock Exchange’s composite 300 index beyond the 6,100 mark for the first time ever during the Jan. 15-21 trading period. The index hit record highs on…
The Vancouver Stock Exchange composite index remained flat over the report period ended Jan. 21, up just 3.98 points at 1,195. The resource index closed down 20.22 points to 2,244.53.Mar-West Resource…
Tussling juniors Geomaque Explorations (GEO-T) and Milagro Minerals have settled their differences and completed their merger.Geomaque had balked at merging until outstanding legal issues regarding th…
Drilling by Holmer Gold Mines (HGM-A) at its San Fernando concession in central Cuba has confirmed the presence of a massive sulphide deposit.The Toronto-based company drilled three follow-up holes wi…
After experiencing frustration in its attempts to obtain permits and financial backing, Wheaton River Minerals (WRM-T) has secured financing for its Golden Bear heap-leach project in northwestern Brit…
Donald McKinnon, who helped identify, stake and promote the gigantic Hemlo gold deposit in north-central Ontario in the early 1980s, has been appointed to the Order of Canada.Born in Cochrane, Ont., i…
Wednesday, January 22, 1997Price (US)Week’s ChangeGold*$350.10- $2.35Silver*$ 4.70…
The first shipment of gold was made by Kazakstan Goldfields (KGFC-C) from its mines in north-central Kazakstan.The company (KG), which took over management of the then-dormant Aksu, Jolymbet and Besto…
Costa Rica’s ministry of environment and energy has annulled last year’s decision to reject an environmental impact statement (EIS) for the Bellavista gold project.Operator Minera Rayrock (MRN-T) will…
The United States Environmental Protection Agency (EPA) must have been dreaming in Technicolor when it came to Canada last year seeking an injunction to freeze US$152 million worth of Diamond Fields s…
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