New discoveries for Inco
An exploration effort aimed at finding new sources of high-grade ore near existing mines in Ontario’s Sudbury camp has produced encouraging results for nickel giant Inco (N-T).Two new discoveries, bot…
News
STOCK MARKET — New Labrador find not enough to buoy western markets — Cross Lake and Ag
Armeno among host of active juniors in resource sectorThe Vancouver Stock Exchange composite index closed down 4.96 points, or 0.6%, at 833.44 over the report period ended Oct. 21. The mining index wa…
PGMs shipped from Hartley mine
Operator BHP Minerals reports that the Hartley platinum mine has made its first shipment of platinum group metals to Great Britain, where they will be refined by Johnson Matthey.The Zimbabwean mine is…
ODDS ‘N’ SODS — What’s in a name?
The names of mines originate from a variety of historical and geographical sources, and have always intrigued me.Most mines assume the name of the claim on which they are situated. For example, the Em…
EDITORIAL — Book refutes one-man salting theory — The Bre-X scam, Part II
With two Bre-X books already in the bookstores, who needs a third? We think Bre-X shareholders do, or we would never have taken on the task of writing a technically oriented account of what went on at…
Juina evaluates Brazilian properties
Newly listed Cetacean Industries (CTAE-O) and wholly owned subsidiary Juina Mining now hold the mineral rights to two diamond properties in Brazil’s Mato Grosso state.The 912 and 1000 properties compr…
Romarco cuts high-grade gold at Belnap
Romarco Minerals (R-T) is reporting more high-grade gold intersections from its Belnap claims at the Midas project in Nevada’s Carlin trend.Recent infill drilling along the Gold Crown vein produced th…
GOLD FUNDS (October 27, 1997)
Gold Funds as of October 16, 1997BGRCentralNet Value$18.43$5.91Price$13.60…
STOCK MARKET — TSE down slightly as golds and base metals edge ahead — Junior issues gain
some vitality in week of light tradingThe Toronto Stock Exchange 300 composite index ended the report period Oct.14-21 at 7137.27, down 31.5 points, or 0.4%. Trading was relatively light, with trading…
PRODUCER & DEALER PRICES (October 27, 1997)
Aluminum: LME settlements US$1,565.5 per tonne, alloy $1,437.5 per tonne (Oct. 22/97).Antimony: Composite free market, US$1,900 per tonne (Oct. 21/97).Bismuth: Composite free market US$3.35 per lb. (O…
Gerle, Monopros come up short at Doyle Lake
A 6-hole drilling program at the Doyle Lake diamond project in the Northwest Territories encountered no kimberlite.Gerle Gold (GGL-V) holds a 40% interest in the project and is the operator.Monopros, …
NEW HORIZONS — Treating burns with silver
Restoration of natural skin function following severe burns has long been a prime concern of military doctors. In severe cases, restoration often requires skin grafts, the success of which is not alwa…