1997

Toronto-based Tiomin Resources (TIO-T) is proceeding with a full feasibility study at the giant Cerro Colorado copper project in western Panama.In accordance with the development agreement, the compan…

Shares of Delgratia Mining (DELGF-Q) hit the US$30 mark after more results were released from reverse-circulation drilling carried out at the company’s property, 50 km south of Las Vegas, Nev.At the e…

Chivor Emerald (CHIV.U-C) has achieved commercial production at its Oriente mine, which lies in the Chivor district of Colombia.The emeralds are being mined from a vein system recently discovered at w…

Affiliated juniors Newmex Mining (MEX-T) and Santa Cruz Gold (SCG-T) have begun discussing a “business combination.”Newmex is a wholly owned subsidiary of Great Lakes Minerals (GLK-T) created to contr…

Dorothy McCrea, a Sancta Barbara Award winner, has died. She was 91.Born Dorothy Dowsett in 1905 near the Witwatersrand gold mine in South Africa, she emigrated to Timmins, Ont., with her family in 19…

Junior Rux Resources (RUXR-C) has formed a 50-50 joint venture with the government of Uzbekistan to participate in two precious metal projects in that country’s Tashkent region.One of these, the Kayra…

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.17/97 (change from previous week in brackets):Aluminium891,825(+14,150)Copper197,450(-8,075)Lead108,225(-850)Nickel46,54…

Drill results from the Rainy River property in northwestern Ontario point to improved gold grades.Nuinsco Resources (NWI-T) reports that hole 6, drilled diagonally into the No. 17 zone, intercepted 37…

Gold Funds as of March 13, 1997BGRCentralNet Value$23.34$6.15Price$17.90$…

New Claymore Resources (NCS-V) has increased to 6 million acres its land position in the Buffalo Hills-Peace River area of north-central Alberta.The area has heated up since Ashton Mining of Canada (A…

ExchgValue($000s)HighLowCloseChangeInco LtdT11370…

Wednesday, March 19, 1997Price (US)Week’s ChangeGold*$348.95- $4.20Silver*$ 5.17…