Tons added at Virginiatown
More drilling by Armistice Resources (aci-m) at its Sheldon-Larder property, southwest of Virginiatown, Ont., has confirmed the existence of mineralization similar to the “flow ore” at the nearby Kerr…
News
Silver demand rises in 1996 — Mexico and India chief consumers
For the eighth consecutive year, silver demand has exceeded supply from mine production and scrap, according to a survey released by the Washington, D.C.-based Silver Institute.The increased demand in…
DIAMOND PAGE — Resource modelling augments Diavik mine in Northwest Territories
The Diavik diamond project near Lac de Gras in the Northwest Territories just got a little larger, but by analysis rather than drilling.Ongoing resource modelling work has increased the level of confi…
TSE SHORT POSITIONS (August 11, 1997)
Short positions outstanding at July 15, 1997Larger individual positions included: Barrick Gold 10,938,501, up 810,045; Bema Gold 4,426,645, down 369,241; Campbell Resources 3,470,249, up 883,549; Echo…
STOCK MARKETS — Western markets continue to show signs of life — Junior companies vie for attention of bargain-hunters
A month or so ago, western markets were hit by the double whammy of low gold prices and the post-Bre-X blues. But over our report period ended Aug.5, a pulse and a heartbeat could be heard on both the…
Cumberland ups holding in Meadowbank
Vancouver-based Cumberland Resources (cbd-t) has completed its previously announced acquisition of a further 40% interest in the Meadowbank gold project from Comaplex Minerals (cmf-t) (T.N.M., June 30…
Kasese Cobalt inks loan plan for plant
As the political situation in central Africa continues to stabilize, more Canadian-based mining companies are advancing projects, which is having the effect of rebuilding the region’s mineral industry…
Soup project canned in British Columbia
Based on results from this year’s drilling program, Vital Pacific Resources (vpr-v) has decided not to carry out a second phase of drilling at the Soup gold-copper property in northern British Columbi…
People — TENKE
Rudolf Mueller appointed director.
People — PARAMOUNT VENT.
Adrian Lungan appointed president; Paul Conroy appointed chairman; and Colin Orr Ewing appointed director.
TORONTO STOCK EXCHANGE INDICES (August 11, 1997)
1997Aug 5Aug 4Aug 1July 31July 30HighLowComposite…
People — BLACK HAWK
Ian Shaw appointed vp of finance and chief financial officer.