The gold market is grey and gloomy, and today its sages are competing to see who can come up with the lowest forecast price. But even as gold market watchers enjoy a good old-fashioned game of one-dow…
Loubel Exploration (LBX-M) will begin a 2,500-metre diamond drilling program on its Queylus property near Chibougamau, Que. The program will focus on a mineralized showing uncovered by trenching. Resu…
Jack Cassidy, who worked in both of Ontario’s prolific uranium camps, has died. He was 60.Born in Chilliwack, B.C., Cassidy began his mining career in 1957 as a surveyor at the Bicroft uranium mine, n…
Aluminium: LME settlements US$1,616.50, alloy US$1,480 per tonne (Nov.18/97).Antimony: Recent physical trades US$1,680-1,700 per tonne (Nov. 18/97).Bismuth: Composite free market US$3.40 per lb. (Nov….
A 9-month loss for Goldcorp (G-T) has not dampened the company’s enthusiasm for expansion at its Red Lake operation in northwestern Ontario.Goldcorp’s losses for the nine months ended Sept. 30 were US…
Further to our report on AfriOre’s (AFO-V) Umgen coal project in South Africa (T.N.M., Nov. 12-23/97), The Northern Miner has learned the following:* A preliminary estimate of AfriOre’s annual cash fl…
1997Nov. 18Nov. 17Nov. 14Nov. 13Nov. 12HighLowCom…
A mineralized breccia body was discovered by Twin Gold (TWG-T) at its 85%-owned Layuh property in South Kalimantan, Indonesia.The company says the body was exposed in outcrop over an area of at least …
The final engineering report and production plan for the US$100-million Bakyrchik gold project in Kazakstan has paved the way for Indochina Goldfields (ING-T) to embark on first-phase construction of …
Kyrgyzstan has attracted US$1.7 million in foreign mineral exploration funds and is expected to produce 15 tonnes of gold in 1997.Much of the financing was provided by the joint-venture partners of st…
Bre-X Minerals, the junior mining company whose fabulous Busang gold deposit turned out to be a fraudulent sample factory, is at last where it belongs — in the hands of a bankruptcy trustee. Its liab…
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 …
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