Apex drills Platosa property
Denver-based Apex Silver Mines (SIL-X) has begun drilling at Excellon Resources’ (EXN-V) Platosa polymetallic property, near Bermijillo in Mexico’s Durango state.Apex can earn a 65% direct interest in…
News
Ontario, Quebec committees urge tighter disclosure standards
Two separate committees, one advising the Toronto Stock Exchange and the Ontario Securities Commission, and another advising the Commission des Valeurs Mobilieres du Quebec (CVMQ), have both recommend…
EDITORIAL & OPINION — Building a road to nowhere — The Devco disaster
It was inevitable and overdue, yet it is impossible not to sympathize with the 1,000 coal miners who will lose their jobs when the Canadian government finally pulls the plug on Cape Breton Development…
Study sheds light on Big Whopper
Armed with $1.2 million in funding and positive mineralogical results, Avalon Ventures (AVL-V) is accelerating prefeasibility work at its Separation Rapids project, 60 km north of Kenora, Ont.Block mo…
Companies (February 08, 1999)
Aber ResourcesAlto MineralsAmeridex MineralsApex Silver MinesApogee MineralsArgentina GoldAsarcoAshanti GoldfieldsAvalon VenturesBand-Ore ResourcesBarrick GoldBeaufield Consolidated Resourc…
METAL PRICES (February 08, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateFeb. 2Feb. 1Jan. 29Jan. 28…
Cyprus bleeds red in 1998
Englewood, Colo.-based Cyprus Amax Minerals (CYM-N) posted a net loss for 1998 as a result of low copper prices.The loss of US$75 million (or $1.02 per share) compares with earnings of US$69 million (…
Vista advances mine
Armed with a preliminary banking agreement, Vista Gold (VGZ-T) is proceeding with development of the Amayapampa open-pit mine in southwestern Bolivia.The junior negotiated a US$15-million loan in Janu…
Grayd funds Alaskan work
Junior Grayd Resource (GYD-V) has raised $750,000 in a non-brokered private placement consisting of 3 million units priced at 25 cents each.A unit consists of one share and one non-transferable warran…
MOST ACTIVE ISSUES, Jan. 27 – Feb. 2
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Band-Ore takes up new gold prospect
An option agreement with two local prospectors gives Band-Ore Resources (BAN-T) the right to earn a 75% interest in a newly staked property 120 km southwest of Thunder Bay, Ont.Band-Ore will earn its …
Diamond core cuts high grade for Argentina Gold
Partial results from the first diamond drill hole on the Veladero property in Santa Cruz province have returned high grades for Argentina Gold (ARP-V).Drill hole DDA-1 cut 31 metres averaging 42.25 gr…