Platinova considers reopening mine
Greenland-based Platinova (pas, pva.s-t) is evaluating the feasibility of mining pillars from the abandoned Black Angel zinc-lead-silver mine on that country’s western coast.From 1973 until its closur…
1997
KWG confirms gold at Morne Bossa prospect
Drilling by Montreal-based KWG Resources (kwg-t) at its Morne Bossa prospect, south of Cap Haitien in northern Haiti, continues to return encouraging gold values.Recent highlights include: 37.5 metres…
Delgratia resumes trading after assaying controversy
Las Vegas, Nev. — Shares of Delgratia Mining (delgf-q) have resumed trading after a 3-week halt related to controversy over assay results from the company’s Josh property, some 40 miles south of here…
Quantum eyes Zambian mines
The government of Zambia has offered First Quantum Minerals (fm-v) a seat at the negotiation table in talks related to the sale of state-owned mines and processing facilities.The Zambian Privatization…
Eastmain Res. to explore greenstone belt in Quebec
Toronto-based Eastmain Resources (er-t) is gearing up to explore 65,000 ha of the Eastmain greenstone belt, which is situated 800 km northwest of Montreal, Que.At the Lac Hudson gold prospect, Eastmai…
ODDS ‘N’ SODS — A guilty conscience
.BBOB SINKSONWorking as an expatriate mine manager in South America, I learned that the margin between waking and dreaming can be very thin.One Sunday afternoon, I was sitting in my undershorts, dripp…
EXCHANGE RATES (Bank of Canada noon rate)
DateApr. 22Apr. 21Apr. 18Apr. 17Apr. 16U.S. Dollar1.39551.3976…
Mongolia Gold adds ground
Mongolia Gold Resources (mgr-v) has added to its holdings in Mongolia by acquiring an 80% interest in two exploration licences.The properties, which, combined, cover 5,000 sq. km of ground in the cent…
TVX Gold calculates new resource in Greece
Drilling has enabled TVX Gold (tvx-t) to calculate resource figures for its Skouries copper-gold project in northern Greece.Last year, the company sank 23 diamond drill holes in a program exceeding 15…
Queenston and Franco-Nevada take aim at Kirkland Lake prospect
Partners Queenston Mining (qmi-t) and Franco-Nevada Mining (fn-t) have announced the discovery of two new gold zones following a first phase of drilling at the McBean and Anoki gold deposits, east of …
TORONTO STOCK EXCHANGE INDICES (April 28, 1997)
1997Apr 22Apr 21Apr 18Apr 17Apr 16HighLowComposit…
LETTER TO THE EDITOR — Less regulation and more professionalism
It is with amazement and wry amusement that one hears and reads about the ever-changing, convoluted events surrounding the Busang project in Indonesia.Particularly amusing are the recent Toronto gathe…