Canadian Mountain, Goldtex encouraged in Yemen
Partners Canadian Mountain Minerals (CYM-A) and Goldtex Resources (GXR-A) have identified a high-grade gold target at their base and precious metals project in Yemen.The companies collected more than …
News
MOST ACTIVE ISSUES, Sept. 17-23
ExchgVol(000s)CloseAmericn GemT128490.11Inco LtdT…
LME WAREHOUSE LEVELS (September 29, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept.23/97 (change from previous week in brackets):MetalStock(tonnes)Change…
Newmont hits new zone at True North
Newmont Gold (NGC-N) and La Teko Resources (LAO-V) have intersected gold mineralization in a new zone discovered at the True North deposit, near Fairbanks, Alaska.The structure, known as the Merlyn zo…
Western mining firms secure licences for Russian gold ground
Exploration licences for gold properties in the Magadan region of northeastern Russia have been granted to nine companies, including Broken Hill Proprietary of Australia and Omolon Gold.BHP acquired t…
ODDS ‘N’ SODS — Times are still a changing
So many changes were occurring during the portion of the 20th century I was fortunate enough to have traversed, it might have been deemed a second Industrial Revolution.Certainly, the work I was invol…
EDITORIAL — Innu demand ‘unrealistic’ — Miners have rights too
If Toyota or General Motors announced plans to build a huge manufacturing plant anywhere in North America, people would jump up and down with joy at the prospect of decent jobs and spinoff benefits fo…
GLOBAL SEARCH FOR GOLD — Drilling extends strike at Taylor
Six more drill holes at the Taylor Twp. property of St Andrew Goldfields (SAS-T), about 50 km east of Timmins, Ont., have extended the strike length of the West Porphyry zone both east and west.Two ho…
GLOBAL SEARCH FOR GOLD — Exploration heats up in Barry-Urban area
The gold potential of Quebec’s Barry and Urban twps. has prompted several juniors to acquire additional ground in the region.Among them are Moss Resources (MRS-T) and Greenshield Resources (GSR-M), wh…
TVI skims hot grades from Philippine surface
TVI Pacific (TVI-T) has received encouraging results from early exploration at its Buenavista gold project on the Philippine island of Luzon.Since acquiring the 2,473-ha property in July, TVI has cond…
GREATEST VALUE TRADED, Sept. 17-23
ExchgValue($000s)HighLowCloseChangeInco LtdT26916…
SPOT PRICES (September 29, 1997)
Wednesday, September 24, 1997Price(US)Week’sChangeGold*$322.00+ $2.05Silver*$ 4.72…