GOLD AND PRECIOUS METALS — BYG hits high-grade
Diamond drilling by B.Y.G. Natural Resources (BYG-T) on its Mt. Nasen gold-silver property in the Yukon is returning encouraging results.Drilling there is exploring the northern extension of veins exp…
News
Meetings (May 25, 1998)
May 25, AlpetroMay 25, BomaxMay 25, GeomaqueMay 25, Heritage AmericanMay 25, NenecoMay 25, Pan AmericanMay 26, AltaiMay 26, Altoro GoldMay 26, BonusMay 26, DiamondWorksMay 26, FenwayMay 26, FootwallMa…
GOLD AND PRECIOUS METALS — Lyon Lake writes down properties
Citing continued low gold prices, Lyon Lake Mines (LLL-M) is writing down the value of its gold properties in Costa Rica and Canada.For the fiscal year ended Dec. 31, 1997, the Montreal-based junior r…
FACTS ‘N’ FIGURES — Evaluating gold’s slump
In Gold 1998, the latest annual survey of the gold market, Gold Fields Mineral Services (GFMS) focuses on the causes of the sharp fall in the gold price during 1997, when the average PM fix in London,…
LETTER TO THE EDITOR — Kikerk Lake credit
We were pleased to see that you featured our joint-venture property at Kikerk Lake, N.W.T. (T.N.M., May 11-17/98), but prefer that credit be given where it is due.Exploration on the Kikerk Lake joint …
MINING MARKETS AND INVESTMENT NEWS — Northern Abitibi insider active trader
The Ontario Securities Commission’s May 8 OSC Bulletin, shows that a director of Northern Abitibi Mining (NAI-A) was an active trader of that company’s shares in April.Jens Hansen exercised 500,000 op…
GOLD AND PRECIOUS METALS — TVX Gold forges ahead with gold projects in Greece
— Updated and final feasibility studies expected in third quarterIn many European countries, mining is perceived in terms that might best be described as dated, and this perception is posing challeng…
Companies (May 25, 1998)
Agnico-Eagle MinesAltius MineralsAmax GoldAnglo AmericanAnglogoldAnzex ResourcesApex SilverArian ResourcesAur ResourcesB.Y.G. Natural ResourcesBand-Ore ResourcesBanro ResourceBarrick GoldBattle Mounta…
New home for Hall of Fame — Industry greats will stare down on students in Mining Building
After nine years on the road, the Canadian Mining Hall of Fame has arrived home.On May 14, the Hall took up permanent residence in the Mining Building of the University of Toronto, a building where a …
MINING MARKETS AND INVESTMENT NEWS — Boliden refinances debt
Toronto-based Boliden (BOL-T) has arranged a US$200-million revolving credit facility which allows it to refinance debt carried by its newly acquired subsidiary, Boliden Westmin.When Boliden acquired …
GOLD AND PRECIOUS METALS — Banro resumes drilling at Twangiza in Congo
Having replenished its treasury with the proceeds of a warrant offering, Banro Resource (bnrs-c) is embarking on a second phase of diamond drilling at its Twangiza gold project in the Democratic Repub…
Hyperion finds home on VSE
Australian-based Hyperion Resources (HYP)) has been called for trading on the Vancouver Stock Exchange.The company’s chief assets are exploration concessions in Cuba and Fiji.At its Holguin property i…