Fortune expands two subzones at Nico property
Fortune Minerals (FORM-C) has released encouraging drill results from its Nico property, 160 km west of Yellowknife, N.W.T.In the latest program, 13 holes were drilled in the cobalt-bismuth-rich and g…
News
Queens offers short course
A short course on mining and exploration, designed for professionals working in the investment industry, will be held from Oct. 4 to 8 at Queens University in Kingston, Ont.The course will be taught b…
Madsen sinks cash into namesake mine
Madsen Gold (MGF-T) has formulated plans to spend $3.5 million on underground exploration and development at the newly reopened Madsen gold mine, near Red Lake, Ont.The mine, which has been producing …
Bema takes gold price on chin
Low gold prices are taking their toll on Bema Gold (BGO-T). Like everyone else in the business, the company witnessed a steady erosion in its share price as the yellow metal proceeded to spiral downwa…
METAL PRICES — Daily Metal Prices (September 22, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateSept 16Sept 15Sept 12Sept 11S…
Monarch sells Venezuelan interests to Bolivar
Choosing to concentrate on its Mexican projects, Monarch Resources (MRE-T) has reached an agreement to sell its Venezuelan properties to Bolivar Goldfields (BVG-T).Bolivar will take over the mine know…
Pangea uncovers gold mineralization in Tanzania
Partners Pangea Goldfields (PGD-T) and Explorations Minires du Nord (MDN-M) have discovered significant gold mineralization on the Kanegele block in the Lake Victoria Goldfields district of Tanzania.A…
MOST ACTIVE ISSUES, Sept. 10-16
ExchgVol(000s)ClosePure Gld ResT206850.31Bema GoldT…
STOCK MARKET — Base metals test new lows on Toronto market — Rising inventories take toll on prices for zinc, copper, nickel and lead
The Toronto Stock Exchange gained slightly over the report period Sept. 10 to 16, with the TSE 300 composite index adding 65.73 points to close at 6,865.25. The broad market gained about 1%, led by th…
TORONTO STOCK EXCHANGE INDICES (September 22, 1997)
-1997-Sept 16Sept 15Sept 12Sept 11Sept 10HighLowC…
GOLD FUNDS (September 22, 1997)
Gold Funds as of September 11, 1997BGRCentralNet Value$18.11$5.69Price$14.15…
Tulsequah Chief undergoes public review — Redfern continues work at Estaao in Portugal
The Tulsequah Chief polymetallic project in northwestern British Columbia has entered the public review process.For the next two months, Redfern Resources (RFR-T) will have its mine proposal examined …