News


Naxos reports contamination

An investigation into assay discrepancies has revealed that samples from Naxos Resources’ (NAXOF-OTC) Franklin Lake property in California were contaminated during the initial assay procedure at a tes…



TVX completes feasibility at Olympias

With gold production up at all its mines and a drop in cash costs, TVX Gold (TVX-T) has managed to turn in a quarterly profit for the second consecutive time.For the second quarter ended June 30, TVX …


NEWS ROUNDUP — JAG sets up advisory board

Junior explorer International Jaguar Equities (JAG-V) has set up an advisory board to advance the Lord River gold project in British Columbia and provide management guidance.Andrew Smith, JAG’s newly …


NEWS ROUNDUP — Skeena Resources eyes Balkan gold

In anticipation of the passage of a new mining act, Skeena Resources (SKE-V) has acquired a private corporation with four pending exploration permits in Bulgaria.The Vancouver-based junior acquired th…


Index (August 24, 1998)

CareersClassifiedCommentaryDiamond PagEDividendsDrillersEditorialFacts’n’FiguresInsider TradingInvestment CommentaryMarket PlaceMetal PricesMining Markets and Investment NewsNew ListingsNews RoundupPr…


PRODUCER & DEALER PRICES (August 24, 1998)

Aluminium: LME settlements US$1,311, alloy US$1,148 per tonne (Aug. 18/98).Antimony: Representative mid-market US$1,310 per tonne (Aug. 18/98).Bismuth: Representative mid-market US$3.50 per lb. (Aug. …


Redaurum eyes new venture

Shareholders of Redaurum (RRK-T) will meet to consider a business combination with Remick Investments, a subsidiary of Centenary Investments.Remick’s key assets include: $10 million cash from a recent…


Orvana advances Don Mario

Vancouver-based Orvana Minerals (ORV-T) has announced a resource estimate for the Lower Mineralized zone at its Don Mario gold-copper deposit in eastern Bolivia.Employing geostatistical methods based …


Copper Hill plans program

Exploration work will continue this year at the Tim’s Cove gold-tungsten polymetallic project near Gander Bay, Nfld. Operator Copper Hill (CUHL-C) plans to carry out geophysical surveys, geochemical s…


DIAMOND PAGE — Gope to be bulk sampled

De Beers Consolidated Mines (DBRS-Q) is about to begin a mini-bulk-sampling program at the Gope diamond prospect in Botswana, held by Toronto-based partner TNK Resources (TNKR-C).The program is focuse…


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