Wheaton River advances Bellavista
Wheaton River Minerals (WRM-T) has received encouraging results from column-leach tests on two composite samples taken from its Bellavista gold deposit in Costa Rica.The Toronto-based company, which o…
News
Falco shutting Kidd copper smelter for two weeks
Falconbridge (FL-T) will close its Kidd Creek smelter for two weeks at the end of March as a result of lower copper production and prices.Production at the Kidd Creek operation, which consists of thre…
Kemess costs plague Royal Oak — Company may restructure debt or issue shares to finance mine
A sizable cost overrun at the Kemess gold-copper project in north-central British Columbia has pulled Royal Oak Mines (RYO-T) into troubled financial waters.The company recently announced that its cap…
CCAA: Bankruptcy Act lite
.BGUEST COLUMN/Bruce LeonardThe recent market decline has significantly impacted resource companies.Downsizings, closures, layoffs and reduced levels of operations have all made their mark. However, w…
PEOPLE — ORCANA RES.
John Tait appointed chairman. John Hedges, Henry Sandri and Paul Ankcorn appointed directors.
LETTERS TO THE EDITOR — Minister should get serious
At the recent Prospectors & Developers Association of Canada convention in Toronto, I had the opportunity to hear the Honourable Chris Hodgson, minister of Northern Development and Mines for the provi…
TORONTO STOCK EXCHANGE INDICES (March 23, 1998)
1998Mar.17Mar.16Mar.13Mar.12Mar.11HighLowComposit…
Geomaque keeps up profitability
Geomaque Explorations (GEO-T) held its position as a profitable junior gold producer in 1997, posting earnings of $1.6 million (or 4cents per share).This figure includes a one-time charge of US$698,00…
Menora outlines Peruvian deposit
Results from a reconnaissance field program suggest that the Julcan I property in north-central Peru has potential for hosting an economic gold depost, Menora Resources (MEN-M) reports.Situated 112 km…
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ExchgVol(000’s)Close.ZSInco LtdT474227.20TVX Gold IncT…
Northern Orion pours first gold
Northern Orion Explorations (NNO-T) poured its first bar of gold at the newly constructed leach facility at the Mantua mine, 240 km west of Havana, Cuba. The event marks the Vancouver-based junior’s f…
DIAMOND PAGE — Diamond output adds to Trivalence bottom line
Diamond production from the Aredor concession in Guinea provided Vancouver-based Trivalence Mining (TMI-V) with a healthy profit in the fourth quarter of 1997.Revenue from Aredor totalled $7.5 million…