Orezone drills Intidougou
A third phase of definition drilling is under way at Orezone Resources’ (ORZ-M) Intidougou gold property in southwestern Burkina Faso.The property is part of a portfolio acquired from Geomaque Explora…
News
Goldcorp defines new shoots at Red Lake mine property
Exploration at the Red Lake mine of Goldcorp (G-T has defined several pipe-shaped structures in known high-grade zones and may have identified new mineralization near the mine’s western boundary.Thirt…
Teck begins drilling Redstar massive sulphide prospect
Teck (TEL-T) has begun a 4,000-ft. drilling program on the Redstar property, 35 km south of Princeton in southwestern British Columbia.The major can earn up to a 70% interest in the property from Reds…
Francisco aims drills at Sauzal property
Junior Francisco Gold (FGX-V) has set up two diamond drill rigs at its Sauzal gold project in the northern Mexican state of Chihuahua.The $2-million program is expected to consist of 20 holes. During …
DIAMOND PAGE — Caledonia gains ground in Congo
Caledonia Mining (CAL-T) has signed a deal with the government of the Democratic Republic of Congo to acquire a 13,740 sq.-km concession area near the town of Kananga, in Kasai province.Caledonia is n…
STOCK MARKETS — Bumpy ride for golds as TSE moves higher — No end in sight to gold-price agony; index loses another 6%
The Toronto Stock Exchange made strong gains during the report period Dec.3-9, led by the banks and media stocks. The TSE 300 index composite index closed at 6,766.99 on Dec. 9, adding 99.53 points, o…
BHP keeps 70% stake in Argentine project — Northern Orion wowed by prefeasibility study for Agua Rica deposit
BHP Copper has rejected an offer by Northern Orion Explorations (NNO-T) to buy an additional 40% interest in the Agua Rica project in northwestern Argentina.The offer, details of which were unavailabl…
DIAMOND PAGE — SouthernEra expands in South Africa
SouthernEra Resources (SUF-T) has acquired the mineral rights to the Frankryk and Schietfontein farms at its Klipspringer project in South Africa.The two farms contain most of the delineated strike tr…
MOST ACTIVE ISSUES (December 15, 1997)
ExchgVolume(000’s)CloseWestmin ResT153335.80Donner MnrlsV…
DIAMOND PAGE — Canabrava defines diamond indicator halos
Canabrava Diamond (CNB-V) has defined three halos of kimberlite indicator minerals at its 100% owned Whitefish Lake project, near Wawa, Ont.Indicator minerals including pyrope garnet, fresh olivine an…
LME WAREHOUSE LEVELS (December 15, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.9/97 (change from previous week in brackets):MetalStock(tonnes)Change…
BREN-MAR RES.
Wolf Wiese appointed director and CEO.