Plata-Peru proves up deposit
Encouraging drill results have induced Plata-Peru Resources (PPU-A) to expand exploration efforts at the Pachapaqui polymetallic mine in west-central Peru.Assays have been received from two holes dril…
News
Min. du Nord revs up drills
Following torrential rains, Montreal-based Explorations Minires du Nord (mdn-m) has resumed drilling at its 50%-owned Kanegele gold property in northwestern Tanzania.The reverse-circulation program is…
STOCK MARKETS — TSE rises on strong gold market and strengthening dollar — Silver continues to stay above US$7 mark; rise in nickel price fails to entice investors
The Toronto Stock Exchange 300 composite index ended the report period of Feb. 4-10 at 6881.49, a rise of 108.04 points, or 1.6%, over the previous period. Trading volumes were strong all week, with o…
TORONTO STOCK EXCHANGE INDICES (February 16, 1998)
1998Feb.10Feb.9Feb.6Feb.5Feb.4HighLowComposite “3…
Drilling tests Birim’s Dunkwa in Ghana
Exploration drilling has resumed at the Dunkwa gold property in Ghana, West Africa, reports Birim Goldfields (BGI-T).The property spans 45 km of the Ashanti gold belt, a geological feature that hosts …
METAL PRICES – Daily Metal Prices (February 16, 1998)
BASE METALS (London Metal Exchange_Midday bid/ask prices in US$ per tonne)DateFeb. 10Feb. 9Feb. 6Feb. 5Feb.4…
Companies (February 16, 1998)
Adrian ResourcesAlberta EnergyAltavista MinesAlto MineralsAmax GoldAmerican Mineral FieldsAmerican TechnologyExplorationAnglo AmericanAshton Mining of CanBarrick GoldBattle Mountain GoldBema GoldBirim…
Romios adds to holdings
Toronto-based junior Romios Gold Resources (RGRI-C) has enlarged its Lundmark-Akow Lake property in northwestern Ontario and launched a diamond drill program.Prompted by the discovery of “potentially …
Metallica invests in Chilean gold-silver mine
Metallica Resources (MR-T) has signed a letter of intent to acquire a half-interest in the Choquelimpie gold-silver mine from a privately held Chilean company.In the letter of intent, Metallica agreed…
Brass-bar scam goes to trial
Alexandra Montgomery and William Nestor, founders of International Nesmont Industrial, will appear in court this month to respond to fraud allegations dating back to 1993, when brass bars were substit…
Index (February 16, 1998)
CareersClassifiedDiamond PageDrillersEditorialFacts’n’FiguresGeologyMetal PricesPeopleProfessional DirectoryStock MarketSubscription ServicesFeb. 16, Cimarron MineralsFeb. 16, GMD ResourceFeb. 16, LMX…
Celtic to drill Hungry Hill
Calgary-based Celtic Minerals (CME-A) has begun planning a drill program as a follow-up to geophysical work carried out on the Hungry Hill base-metal joint venture in central Newfoundland.The junior c…