A private placement has provided proceeds of $5 million for Sonora Gold (SON-T), a junior company which, through subsidiaries, owns and operates a diamond mine in South Africa.The company will use the…
The recent acquisition of Armsec International provides AmCan Minerals (AMF-V) with additional diamond properties in Sierra Leone and Liberia.The acquisition also includes mining equipment valued at $…
More drilling in the western portion of the Thorne gold property, near Timmins, Ont., has confirmed results from two earlier drill holes.Band-Ore Resources (BAN-T) has drilled 20 holes in the prospect…
The Vancouver Stock Exchange composite index closed up 8.24 points to 1,154.2 over the report period ended Dec. 10, while the resource index rose 75.82 points to finish at 2,305.37.Arizona Star Resour…
Rock samples from Corriente Resources’ (CTQ-T) Chama property in Peru have confirmed the continuity of gold mineralization between widely spaced outcrops.Areas exceeding 1 gram gold per tonne included…
The Toronto Stock Exchange took a wild ride during the trading period ended Dec. 10, with a steep 2-day slide on Dec. 5 and 6 as stock markets around the world fell in response to speculation that U.S…
1996Dec 10Dec 9Dec 6Dec 5Dec 4HighLowComposite”30…
Wednesday, December 11, 1996Price (US)Week’s ChangeGold*$369.60- $0.80Silver*$ 4.8…
It’s out with the old numbers and in with the new at the Goldfields project of Greater Lenora Resources (GEN-T).Situated in northern Saskatchewan, the gold project is now estimated to contain an in si…
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The Busang gold deposit in Kalimantan continues to interest major mining companies, despite uncertainty related to the status of negotiations between the deposit’s owner, Bre-X Minerals (BXM-T), and s…
With a positive feasibility study complete, Campbell Resources (CCH-T) is moving to develop its Cerro Quema gold deposit in southwestern Panama.The property hosts two epithermal gold deposits (La Pava…
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