River Gold mills ore from Edwards mine
Ore from the Edwards gold mine near Dubreilville, Ont. — one of the richest deposits in Canada — is being processed commercially for the first time.Mine owner VenCan Gold (VCG-M) reports that the fi…
1997
Gold Reserve passes audit
A study by Behre Dolbear has concluded that data collection procedures used by Gold Reserve (glr-t) at its Brisas gold deposit in southeastern Venezuela meet or exceed accepted industry standards.Othe…
STOCK MARKETS — Base metals beaten down again on TSE — Broad market heads nowhere but golds finally move higher
The Toronto Stock Exchange was uninspired during the trading period Aug.20-26, losing 17.97 points to close Aug. 26 at 6,697.91. The base metals, oil and gas, and real estate sectors were the major dr…
Rio Tinto drills gold prospect
Rio Tinto (RTP-n) is engaged in a drilling program at its wholly owned Canoas concession in south-central Ecuador.The activity is focused on the northwestern part of the concession. To date, about 40 …
Solitario cuts high-grade zinc
Initial drilling at two zinc-lead prospects held by Solitario Resources (SLR-T) in northern Peru has intersected high-grade mineralization.The drilling is being performed by the Peruvian subsidiary of…
Altavista busy near Sept-Iles
A recent private placement netted $590,000 for Altavista Mines (ASIA-M) to finance exploration work on the Chiskal and La Source properties in the Sept-les region of Quebec.Work to date on the propert…
ODDS ‘N’ SODS — Mine-makers extraordinaire
I’ve had occasion to meet a very select group of mine makers in my travels across Canada, and these men — namely Karl Springer, Earl Gillanders and Thayer Lindsley — are deserving of the highest hon…
PEOPLE — BRANDON GOLD
Kevin Bullock appointed vice-president of operations.
NEWS IN BRIEF (September 01, 1997)
Rochester Minerals (ROR-V) has changed its name to Rochester Energy (ROV-V).
Eden Roc turns profit at African gold mine
Miners say it all the time, so it must be true: there is no substitute for grade.The motto would seem to apply to Eden Roc Minerals (edn-t), which announced record gold production of 11,670 oz. and ne…
Australian satellite to aid in exploration
Australia is taking the science of mineral exploration to new heights.A consortium of business and government interests is developing a satellite to carry imaging spectrometers capable of differentiat…
PEOPLE — PT FREEPORT INDONESIA 5 PEOPLE — SASHA VENTURES PEOPLE — VELVET EXPL.
Robert Wohleber appointed senior vice-president.Barry Ehrl appointed chief executive officer.Ken Norman appointed director of public relations.