Cons. Nevada hits high grade
Drilling by Consolidated Nevada Goldfields (KNV-T) has intercepted high-grade gold values at the Nixon Fork gold mine, near McGrath, Alaska.Beneath the C-3300 level, four holes encountered narrow inte…
News
Rondal signs up for survey
An induced polarization survey is set to begin on a 25,000-acre land package under option to Rondal Gold (RGD-A) in Mexico’s Zacatecas state.Rondal has the right to acquire 49% of the shares of a priv…
COMMENTARY — Showcasing mining’s diversity
The author is program director for Mining Works for Canada (formerly Keep Mining in Canada), a grassroots campaign designed to increase awareness of the importance of mining in this country.As we have…
NovaGold goes solo at Murray Brook
NovaGold Resources (NRI-T) has signed a new agreement with privately owned Sheridan Platinum Group to acquire a 100% interest in the Murray Brook polymetallic property in northern New Brunswick.An ear…
MINING MARKETS AND INVESTMENT NEWS — U.S. markets — Dow climbs through 9,100
The Dow Jones Industrial average ended the April 8-14 report period on a high note, closing above the 9,100 mark for the first time. The average was up 153.70 points, or 1.7%, for the week.On the New …
Kit devalues George Lake
Junior Kit Resources (KIT-T) plunged deeper into the red in 1997.The Alberta-based company reported a loss of $23.7 million (or 76cents per share) for the twelve months ended Dec. 31. This compares wi…
Companies (April 20, 1998)
Almaden ResourcesAmax GoldAnzex ResourcesArchangel DiamondAshton Mining of CanadaAsia Pacific ResourcesAvminBarrick GoldBattle Mountain GoldBema GoldBHP MineralsInternationalBirim GoldfieldsBlack Hawk…
PEOPLE — MINERA SIERRA MADRE
Peter Holmes appointed chairman and CEO. Arturo Bonillas Zepeda appointed president.
PEOPLE – GOLDCORP
R. Bruce Humphrey appointed vp gold operations; Gilles Filion appointed vp exploration; Robert Van Tassell appointed vp business development. Floriana Cipollone appionted vp finance; and Abraham Rubin…
Financings
Ecstall Mining (EAM-V) has arranged a best-efforts brokered private placement of up to 1.33 million units at 31cents per unit, for net proceeds of $360,000.Each unit consists of one share and half of …
MINING MARKETS AND INVESTMENT NEWS — Anzex Resources among crop of newly listed juniors
Listed on the Vancouver Stock Exchange in February, Anzex Resources (AZX-V) holds interests in the Longwood project on New Zealand’s South Island, and the Mosquito Hill project in North Queensland, Au…
MINING MARKETS AND INVESTMENT NEWS — Asia Pacific insiders keep active
The Ontario Securities Commission’s April 3 OSC Bulletin shows insiders of Asia Pacific Resources (APQ-T) were active traders of the company’s shares in mid-February.Crew Holdings, holder of more than…