Glimmer development yields revenue
A bulk-sampling program at their Glimmer mine, near Matheson, Ont., has produced 39,852 oz. gold for partners Exall Resources (EXL-T) and Glimmer Resources (GME-V).Proceeds from the sale of that produ…
News
SUPPLIERS NEWS ROUNDUP — Major Drilling buys Midwest
Moncton, N.B.-based Major Drilling Group International has completed the purchase of Midwest Drilling and two related companies, Wescore Drilling and R.M. McIsaac Drilling.Midwest is one of the larges…
BHP, Caledonia join forces in Zambia
BHP World Exploration, a division of Australian-based Broken Hill Proprietary (BHP-N), has teamed up with Caledonia Mining (CAL-T) in southwestern Zambia. Their mission? To explore Caledonia’s wholly …
PEOPLE – BHP (March 09, 1998)
Stan Jonsson appointed senior vp.
Animals subject of meeting
A conference evaluating the practicality of introducing endangered species legislation in Canada will be the focus of a conference hosted by the Fraser Institute, to be held April 15 at the Renaissanc…
PEOPLE – ANTARES
Dale Hendrick elected director.
EDITORIAL — Much to celebrate at 1998’s PDAC convention — Down… but not out
Canadian juniors were on top of the world a year ago, basking in a string of exploration successes. In the span of a decade, they had found gold-silver grades in triple digits at Eskay Creek in northe…
PEOPLE — AMERICAN MINERALS
Charles Pitcher appointed president and CEO.
PEOPLE – NOVAGOLD
Rick Van Nieuwenhuyse appointed president and COO.
MOST ACTIVE ISSUES, Feb. 25-Mar. 3
ExchgVol(000s)Close.ZSBarrick GoldT675427.05Denison MinesT…
EXPLORATION 1998 — MacDonald wraps up takeover
MacDonald Mines Exploration (MMP.A-A) is set to close a deal whereby it will acquire 96% of the outstanding and issued shares of Golden Hill Mining (GHMC-C), its partner in the Golden Hill gold projec…
SPOT PRICES (March 09, 1998)
Wednesday, March 4, 1998Price (US)Week’s ChangeGold*$296.00+ $3.70Silver*$ 6.39…