Four associations are joining forces to stage a major mining show in Montreal next month.Montreal ’98, a conference of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), the Council of …
A drop in both head grade and realized gold prices pushed Aurizon Mines (ARZ-T) into the red for fiscal 1997, despite the company’s record gold production of 39,668 oz.For the year ended Dec. 31, 1997…
Reward Mining (REW-V) has changed its name to Riverdance Resources (RVD-V).
Short positions outstanding at March 31, 1998Larger individual positions include:Abitibi-Consolidated 737,173, down 1,036,079; Barrick Gold 14,765,318, up 565,339; Battle Mountain Canada 2,446,763, up…
Wednesday, April 8, 1998Price (US)Week’s ChangeGold*$309.75+ $8.15Silver*$ 6.46…
Settlement prices for London Metal Exchange three-month contracts and spot metal, Apr. 7/98 (US$ per tonne):MetalCash Price3-Month Price…
Valerie Gold Resources (VLG-V) reports that recent drilling on a promising soil geochemical gold-silver anomaly at the Mamatla concession in south-central Mexico returned anomalous mineralization.Unde…
Low gold prices have forced Canyon Resources (CAU-X) to seek a joint-venture partner for the McDonald gold project in Montana, says President Richard De Voto.After gaining sole ownership of the projec…
As part of its preproduction phase, ECU Gold Mining (ECU-M) has begun processing ore at its Velardena gold and silver mine in Mexico.The mill is treating an average of 380 tons per day by direct cyani…
Santa Fe Canadian Mining, a subsidiary of Newmont Gold (NGC-N) has climbed back aboard the Springpole gold project of Gold Canyon Resources (GCU-V) after having dropped its original option in 1996.San…
Faced with an influx of runoff water from the surface, the Kidd mining division of Falconbridge (FL-T) has shut down operations below the 2,800-ft.level of the mine complex near Timmins, Ont.The shutd…
Junior Armada Gold (AAU-T) has closed a $1.4-million private placement with Levesque Beaubien Geoffrion aimed at financing exploration work in Siberia and Mongolia.The financing consists of 6.6 millio…
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