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…
1997
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…
`Desert dirts’ all the rage in southwestern U.S.
In the mid-1980s, a junior company touting a huge platinum resource told potential investors that the U.S. Bureau of Mines had “verified” the presence of platinum at its property in Arizona.”Not true,…
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 …
OPINION/GARRY HAWTHORN — Assaying unravelled
Although I have not examined a questionable gold deposit since the late 1980s, I am concerned that the problem has not gone away.A few weeks ago, I received a review of six so-called desert sand gold …
PEOPLE — QUEST INT’L
Robert Sillcox and William Bryden appointed directors.
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…