Cambridge Bay, N.W.T. — While the new territory of Nunavut (pronounced noon-a-vut) will not gain official status until April 1999, Inuit organizations are already launching programs to attract mining…
A series of writedowns on exploration properties pushed AfriOre (AFO-V) into the red in the past fiscal year.The company’s loss for the 12 months ended Nov. 30, 1997, amounted to $7.3 million (or 46ce…
ExchgVol(000’s)HighLowCloseChangeBarrick GoldT122…
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…
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…
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 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…
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 …
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…
Almaden ResourcesAmax GoldAnzex ResourcesArchangel DiamondAshton Mining of CanadaAsia Pacific ResourcesAvminBarrick GoldBattle Mountain GoldBema GoldBHP MineralsInternationalBirim GoldfieldsBlack Hawk…
Peter Holmes appointed chairman and CEO. Arturo Bonillas Zepeda appointed president.
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…
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