1997

ExchgVol(000s)CloseDonner ResV93983.10 C…

Nevada Manhattan Mining (NVMH-O) intends to place the Morning Star gold mine back in production after it buys the operation from owner Vanderbilt Gold (VAGO-O).The companies are still negotiating a pr…

Vancouver-based DiamondWorks (DMW-T) has received more than US$3.1 million from the sale of its first parcel of diamonds from the Luo diamond mine in northeastern Angola.The parcel, sold in Antwerp, B…

Wednesday, October 29, 1997Price (US)Week’s ChangeGold*$313.70- $9.00Silver*$ 4.79…

1997Oct.28Oct. 27Oct. 24Oct. 23Oct. 22HighLowComp…

Short positions outstanding at October 15, 1997Larger individual positions include: Barrick Gold 10,920,447, up 55,992; Beau Canada Exploration 1,000, down 186,219; Bema Gold 4,695,448, down 60,400; C…

As part of a commitment to sustainable development, Mineracao Rio do Norte (MRN) and Alcan Aluminio do Brasil are participating in a renewal project in the Brazilian Amazon.The Trombetas bauxite mine …

Seahawk Minerals (SKM-V) is encouraged by the first round of drilling at its Blackwater gold property in Guyana.The company has drilled 12 angle holes, spanning 1,500 metres, on the Macedonia Creek an…

Troymin Resources (TYR-M) has encountered significant values of gold, silver and base metals at its joint-ventured Prospector Mountain property, 240 km northwest of Whitehorse, Y.T.The Calgary-based c…

Echo Bay Mines (ECO-T) has decided to not proceed with the acquisition of a 75% interest in the Kingking copper-gold porphyry deposit in the Philippines from Benguet (BE-N).Echo Bay and its 25% partne…

Seahawk Minerals (SKM-V) has signed agreements with two Brazilian companies to acquire two gold properties in the South American country.The first property consists of three concessions — Lavras, Pal…

Australian-based major Normandy Mining saw its net profit jump by more than half this past quarter.In the three months ended Sept. 30, Normandy recorded a consolidated net profit of US$32.1 million (u…