Low gold prices have prompted Echo Bay Mines (ECO-T) to defer construction at the Aquarius gold project near Timmins, Ont. Echo Bay owns 100% of the project, which, at last report, hosted reserves of …
An underwriting syndicate, led by RBC Dominion Securities, has agreed to buy 8 million shares of Bema Gold (BGO-T) at $3.75 each. The deal is expected to raise proceeds of $30 million.The underwriters…
First-phase diamond drilling by Avalon Ventures (AVL-V) on its Wolf property in northwestern Ontario has returned anomalous platinum group element (PGE) values.Seven of eight drill holes at the 10,100…
Drilling has begun at a base metal discovery at Lac Rocher, 112 km north of Matagami, Que.The operator of the project is Nuinsco Resources (NWI-T), which is exploring the property under an option from…
A drill program carried out by Geomaque Explorations (GEO-T) at the Vueltas del Rio gold deposit in northwestern Honduras has boosted the resource estimate to 922,000 oz. gold.The new figure represent…
Surviving a century of fast-paced change is no small feat for any professional organization. The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) has done more than survive 100 years, it h…
Over the past eight months, the silver market has been awash with rumors that Indian silver demand has declined sharply in the face of higher prices.According to CPM Group’s recently released white pa…
In an attempt to keep shareholders on side and thwart a hostile takeover bid, exploration instrument firm Scintrex has increased the value of its shares above a proposed buyout price by tacking on a s…
Russ Cranswick, analyst with Research Capital, is keeping a close eye on the activities of Abacus Minerals (AMC-V) at La Manchuria, a gold-silver property in Argentina’s Santa Cruz province.The curren…
ExchgVol(000’s)Close.ZSBarrick GoldT931632.70Placer DomeT…
ExchgVol(000’s)HighLowCloseChangeBarrick GoldT310…
Wednesday, April 29, 1998 Price (US)Week’s ChangeGold*$307.55- $3.65Silver*$ 6.11…
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