Fjordland Minerals (FML-V) has raised $500,000 in a private placement of special warrant securities. Most of the proceeds will be used to finance diamond exploration in Greenland.Each special warrant …
Wednesday, October 8, 1997Price (US)Week’s ChangeGold*$331.90- $4.90Silver*$ 5.25…
ExchgVal(000’s)HighLowCloseChangePlacer DomeT1597…
Goldbelt Resources (GDB-V) has delineated four new drill targets on its exploration licences in northeastern Kazakstan.The discoveries, outlined below, resulted from a 47.2-line-km geophysical program…
Great Central Mines (GTCMY-Q) continues to shore up its land hondings in the Yandal mineral belt of Western Australia.The New York City-based company has acquired control of a Western Australia gold p…
A first phase of drilling by Sparton Resources (SPTN-C) has intersected multiple zones of gold mineralization on the Harrower property in Timmins, Ont.The program included 11 drill holes, comprising 2…
Copper producer First Quantum Minerals (FM-V) will acquire junior gold producer International Ballater Resources (IBA-V).Under terms of the deal, which is expected to close in December, one Quantum sh…
Once again, Cambior (CBJ-T) and partner Golden Star Resources (GSC-T) have increased the reserve estimate at their Gross Rosebel gold project in Suriname, South America, by almost one-third.The Gross …
A survey suggests that salaries for those employed in the upper levels of exploration are consistent throughout many countries that have a substantial mining industry.Salaries for exploration professi…
Assays of a bulk sample taken from the M-1 kimberlite pipe on the Marsfontein farm at the Klipspringer project in South Africa have confirmed earlier grade estimates, reports SouthernEra Resources (SU…
Daily Metal PricesBASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateOct. 7Oct. 6Oct. 3…
Drilling near the past-producing Cheminis mine near Virginiatown, Ont., junior NFX Gold (NFXG-C) has hit significant gold grades.Three holes drilled from the 1,035-ft. level of the mine confirmed the …
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