Ashanti poised for further growth
In early 1997, mining analysts from the London branch of Banque Paribas estimated that it would be a year before the benefits of a restructuring undertaken by Ashanti Goldfields (AHD.U-T) would be fel…
News
Nuinsco begins drilling at Lac Rocher
Drilling has begun at a base metal discovery at Lac Rocher, 112 km north of Matagami, Que.The operator of the project is Nuinsco Resources (NWI-T), which is exploring the property under an option from…
MINING IN CANADA — VenCan wins mine lawsuit
A judge has dismissed a company’s allegations that VenCan Gold (VCG-M) wrongfully dealt a 50% interest in production from the Edwards gold mine near Dubreuilville, Ont., to River Gold Mines (RIV-T).Ex…
NEW MINES ROUNDUP — Fall opening planned for Ekati mine
Mining history will be made this fall with the official opening of the Ekati diamond mine in the Lac de Gras region of the Northwest Territories.Operated and 51% owned by Broken Hill Proprietary (BHP-…
Geomaque boosts resource
A drill program carried out by Geomaque Explorations (GEO-T) at the Vueltas del Rio gold deposit in northwestern Honduras has boosted the resource estimate to 922,000 oz. gold.The new figure represent…
EDITORIAL — A century of challenge and accomplishment — Congratulations, CIM
Surviving a century of fast-paced change is no small feat for any professional organization. The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) has done more than survive 100 years, it h…
PEOPLE — Lytton Minerals
Grant Ewing appointed vp investor relations.
PEOPLE — Homestake Canada
Walter Segsworth appointed president and CEO.
PEOPLE – Gabriel (May 04, 1998)
Peter Guest appointed president, COO and director.
PEOPLE — Cons. Nevada Goldfields
Michael Kolin appointed COO.
GOLD FUNDS (May 04, 1998)
Gold Funds as of April 23, 1998BGRCentralNet Value$16.67$6.54Price$13.60$…
METAL PRICES – Daily Metal Prices (May 04, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateApr. 28Apr. 27Apr. 24Apr. 23Apr…