Monarch calculates Mexican gold-silver resource
Preliminary resource figures are adding momentum to the Saladillo gold-silver concession in Durango, Mexico.Monarch Resources (MRE-T) estimates the San Sebastian prospect contains 1.6 million tonnes g…
News
Foreign projects featured in Cordilleran Roundup
A mood of cautious optimism prevailed at the 14th Annual Cordilleran Geology and Exploration Roundup. Delegates expressed enthusiasm over the current bull market for junior resource stocks, but their …
Pierina adds ounces for Barrick
Ongoing drilling at two South American projects has increased the gold reserves of Barrick Gold (ABX-T) to more than 50 million oz.The gold giant recently announced that its gold inventory rose to 51 …
Mineral Resources withdraws bid for Anvil Range Mining
Outgunned by Cominco (CLT-T), Mineral Resources (MIC-T) has abandoned its takeover bid for Anvil Range Mining (ARO-T).Mineral Resources found it was unable to win support for its bid from Anvil Range’…
Dia Met project subject of CIM lunch
The NWT diamond project of Dia Met Minerals and BHP Minerals will be discussed at the next meeting of the Canadian Institute of Mining, Metallurgy & Petroleum, to be held Thursday, Feb. 20 at 12 noon …
Spokane hosts technological conference
The Society for Mining, Metallurgy Exploration (SME) and the American Institute of Mining Engineers (AIME) will co-host the Northwest Metals and Minerals Conference, to be held April 23-25 at the West…
Higher gold yield offsets slip in copper and nickel
Canadian production rates of gold, refined lead, refined zinc, salt and potash increased in November 1996 over levels recorded a year earlier.However, output of silver, copper, nickel, primary lead, p…
THE DIAMOND PAGE — Spider nets James Bay diamonds
Juniors Spider Resources (SPQ-A) and KWG Resources (KWG-T) have found more diamonds in the Kyle Lake diatreme in the James Bay Lowlands, 200 km north of Timmins, Ont.The results, called “quite encoura…
GREATEST VALUE TRADED, Jan. 29-Feb. 4
ExchgValue($000s)HighLowCloseChangePlacer DomeT16…
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…