Lihir enjoys strong quarter
The startup of the sulphide circuit at the Lihir gold mine in Papua New Guinea translated into higher production and lower costs for Lihir Gold (LIHRY-Q) during the last quarter of 1997.Throughout Dec…
News
NEWS IN BRIEF (February 02, 1998)
American Comstock Exploration (AEK-V) has changed its name to International Comstock Exploration (COZ-V) on a 1-new-for-5-old-share basis.
EDITORIAL — PDAC bemoans inadequate disclosure — Codifying corporate conduct
With a membership of more than 6,000 individuals and corporations, the Prospectors & Developers Association of Canada (PDAC) is taking a keen interest in the Ontario task force currently reviewing sta…
Yamana picks up property in Washington — Company to retain holdings in South America, Southeast Asia
Yamana Resources (YRI-T), known for its properties in such exotic locales as South America and Southeast Asia, has acquired a land package in its own backyard.The acquisition, which consists of 825 ac…
NEW HORIZONS — Gold on the road
Electronic controls in automobiles are increasingly being used to boost fuel efficiency, make safety devices more effective and render accessories more reliable. To ensure that these switches, connect…
Argentina Gold follows up on Filo Federico
Argentina Gold (ARP-V) has posted impressive drill results from the Veladero project, situated in the northwestern portion of the country from which the company draws its name.The junior recently coll…
ODDS ‘N’ SODS — Alaskan town a boost to Canadian mines
The story of Hyder, Alaska, has no doubt been told many times, but for such a small, isolated village, it is a wonder that tales could be told of it at all.Hyder is at the head of the Portland Canal, …
Meetings (February 02, 1998)
Feb. 2, ProbeFeb. 3, Int’l TikaFeb. 3, Vencan GoldFeb. 5, Yukon SpiritFeb. 9, Canadian OverseasFeb. 9, WilanourFeb. 10, Cotton ValleyFeb. 11, AndersonFeb. 11, Blackwater GoldFeb. 11, East IndiesFeb. 1…
DIAMOND PAGE — TNK prospect catches eye of De Beers
Management of TNK Resources (TNKR-C) is heartened that its exploration projects in Botswana have come to the attention of the world’s largest diamond producer.The company has signed three joint-ventur…
DIAMOND PAGE — Mineral rights snag plagues SouthernEra
A group of heirs of the original owners of the minerals rights for part of the Klipspringer diamond project in South Africa has begun a legal battle with SouthernEra Resources (SUF-T) and Randgold ove…
MOST ACTIVE ISSUES, Jan. 21-27
ExchgVolume(000’s)CloseBarrick GoldT1103329.10Placer DomeT…
SPOT PRICES (February 02, 1998)
Wednesday, January 28, 1998Price (US)Week’s ChangeGold*$298.25+ $6.35Silver*$ 6.02…