October ended in volatility, as trading activity reached a 7-month high.The Vancouver Stock Exchange composite index closed at 775.11, down 6% from September and down 32% from October 1996. The mining…
Wednesday, November 5, 1997Price (US)Week’s ChangeGold*$314.60+ $0.90Silver*$ 4.85…
The government of China has issued a business licence to the Yingezhuang gold mining company — a 50-50 joint venture between Asia Minerals (AMP-A) and state-owned Zhaoyuan Gold.The licence will enabl…
1997Nov. 4Nov. 3Oct. 31Oct. 30Oct. 29HighLowCompo…
Shareholders of Monarch Resources (MRE-T) have voted against the proposed sale of La Camorra gold mine to Bolivar Goldfields (BVG-T).Monarch backed out of selling the Venezuelan mine when the sharehol…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateNov. 4Nov. 3Oct. 31Oct. 30Oct…
Spokane, Wash.-based junior Minera Andes (MAI-A) has signed a joint-venture agreement with Pegasus Gold (PGU-T) to earn an 80% interest in the Arroyo Verde gold-silver discovery in south-central Argen…
Barrick Gold (ABX-T) has signed an agreement allowing it to explore the deeper potential of Rayrock Yellowknife Resources’ (RAY-T) Dee gold property in Nevada.Barrick will spend at least US$2 million …
Drilling by Eden Roc Minerals (EDN-T) has intersected a new zone of mineralization at the Afema gold mining project in Ivory Coast.Starting at a vertical depth of 430 metres, hole 63 intersected 9.6 m…
Severe winter weather in Chile continued to hamper the performance of the Refugio gold mine into the third quarter.Ownership of the open-pit, heap-leach mine is split equally between Amax Gold (au-n) …
The Ekati diamond mine in Canada’s Northwest Territories is on schedule to begin production in the fall of 1998. In the meantime, partners Dia Met Minerals (DMM-T) and BHP Diamonds plan to bulk-sample…
The fourth sale this year of diamonds from the Aredor concession in Guinea, West Africa, by Trivalence Mining (TMI-V) included one stone that topped 70 carats in size.In total, 4,214.1 carats were sol…
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