SPOT PRICES (December 01, 1997)
Wednesday, November 26, 1997Price (US)Week’s ChangeGold*$297.00- $9.40Silver*$ 5.2…
1997
BHP comes full circle at Cannington
At the turn of the century, Broken Hill Proprietary (BHP-N) was operating the world’s largest silver mine — its namesake deposit at Broken Hill in New South Wales, Australia. With a new century on th…
Mar-West picks up gold concession
Junior Mar-West Resources (MRS-V) has received title to the Jutiapa II concession in Guatemala.The 3,900-ha concession is 4 km from the Pan-American Highway in the southeastern part of the Central Ame…
Twin Gold weighs bio-ox offers for Atlanta mine
With a view to advancing its Atlanta gold project in southwestern Idaho, Twin Gold (TWG-T) has signed confidentiality agreements with two companies specializing in bio-oxidation technology.Atlanta, a …
Yemeni project employs heavy mineral concentrates
Work in northern Yemen by Canadian Mountain Minerals (CYM-A) and Goldtex Resources (GXR-A) is proving to be a successful demonstration of the use of heavy-mineral concentrates to provide effective geo…
Orvana weighs options for Don Mario
To go it alone or form a partnership. That is the question, for Orvana Minerals (ORV-T) at its Don Mario gold-copper deposit in eastern Bolivia.Negotiations aimed at evaluating and developing the depo…
Workers sign at El Limon mine
Workers at Triton Mining’s (TTM-T) El Limon gold mine in Nicaragua have signed a 2-year collective agreement which ensures that work will not be interrupted over the next two years.Triton President Th…
Sirios finds more gold at Aquilon
A geochemical sampling program on the Aquilon gold property in the James Bay area of Quebec has returned positive results for Sirios Resources (SOI-M).Sirios has discovered several showings assaying b…
METAL PRICES – Daily Metal Prices (November 24, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateNov. 18Nov. 17Nov. 14Nov. 13N…
Redhawk raises funds for Remac project
To finance drilling at its Remac zinc project in southern British Columbia, Redhawk Resources (RDK-V) has arranged a $500,000 private placement of 400,000 flow-through shares and 100,000 non-flow-thro…
STOCK MARKET — Western base metal issues take a beating — Winter blahs come early for composite, mining indices
The Vancouver Stock Exchange composite index stumbled again over the report period ended Nov. 18, dropping 57.24 points, or 7.6%, to close at 694.22. The mining index wasn’t any better off as it slid …
Panel approves Cigar Lake, Midwest
A federal-provincial panel has given its conditional approval to both the Cigar Lake and Midwest uranium projects in the Athabasca basin of northern Saskatchewan.The Cigar Lake project is operated by …