From the largest South African producers to juniors with small mines, gold companies are joining forces in an attempt to weather a prolonged slump in prices that has already taken its toll on a number…
ExchgVolume(000’s)CloseBarrick GoldT515930.75Cypress Mnrls…
A $2-million exploration and development program is well under way on the San Martin hot spring deposit in Honduras, Mar-West Resources (MSR-V) reports.The program, designed to advance San Martin to t…
Wednesday, May 20, 199Price (US)Week’s ChangeGold*$298.10+ $2.50Silver*$ 5.21…
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The Dow Jones Industrial average lost 107.12 points (or 1.2%) during the report period of May 13-19. The average spent the last half of the week in decline before posting a minor gain to close at 9,05…
Aluminium: LME settlements US$1,339, alloy US$1,227 per tonne (May 19/98).Antimony: Representative mid-market US$1,500 per tonne (May 19/98).Bismuth: Representative mid-market US$3.90 per lb. (May 19/…
A drilling program is scheduled to begin in early June at Redhawk Resources’ (RDK-V) Remac zinc project in southern British Columbia.The project, which lies 12.4 miles southeast of Trail, covers 9 sq….
Lower copper prices took a bite out of the first-quarter revenues of Novicourt (NOV-T), sending the base metal miner into the red.For the first three months of 1998, Novicourt, 61% owned by Noranda (N…
Junior Moss Resources (MRS-T) has acquired the Southern Cross base metal property, 30 km south of Timmins, Ont.While some of the 3,092-ha property was bought outright, 84% is held under an option agre…
After spending the last year consolidating its holdings in the Val d’Or camp and raising a total of $16.5 million, Western Quebec Mines (WGM-T) is about to embark on a 2-year exploration campaign at i…
Tougouri, Burkina Faso — Having drilled-off a substantial gold resource at its Taparko project in this hot, dry region of West Africa, High River Gold (HRG-T) is ready to start designing a mine.The c…
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