Through a deal with a private owner, Brazilian Resources (BZIN-C) has acquired a majority interest in the producing Santa Maria open-pit, heap-leach gold mine in Brazil.Brazilian recently signed a 3-y…
A joint venture consisting of Canadian Mountain Minerals (CYM-A), Dia Met Minerals (DMM-T) and Australian-based Quadrant Resources has detected more than 100 circular magnetic anomalies on diamond cla…
Fjordland Minerals (FML-V) has raised $500,000 in a private placement of special warrant securities. Most of the proceeds will be used to finance diamond exploration in Greenland.Each special warrant …
Wednesday, October 8, 1997Price (US)Week’s ChangeGold*$331.90- $4.90Silver*$ 5.25…
ExchgVal(000’s)HighLowCloseChangePlacer DomeT1597…
Osito (OSV-V) has changed its name to Sennen Resources (SN-V).
Goldbelt Resources (GDB-V) has delineated four new drill targets on its exploration licences in northeastern Kazakstan.The discoveries, outlined below, resulted from a 47.2-line-km geophysical program…
Drilling by Camnor Resources (CMB-V) will test three gold properties in Nevada.Work is already under way at the Alum and Raven properties. Alum is situated 60 km west of Tonopah, within the Walker Lan…
Additional financing may help the Madsen gold mine in Red Lake, Ont., to reach full production this fall, several months behind schedule.Madsen Gold (MGF-T) has arranged a private offering of 1 millio…
St Andrew Goldfields (SAS-T) is proceeding with a private placement of 1 million flow-through shares priced at $2.65 each.The company will use the proceeds to explore its gold properties near Timmins,…
Great Central Mines (GTCMY-Q) continues to shore up its land hondings in the Yandal mineral belt of Western Australia.The New York City-based company has acquired control of a Western Australia gold p…
A first phase of drilling by Sparton Resources (SPTN-C) has intersected multiple zones of gold mineralization on the Harrower property in Timmins, Ont.The program included 11 drill holes, comprising 2…
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