Conference focuses on reclamation
A symposium entitled “Reclamation in the Rockies” will be held Sept. 22-25 at the Inn of the South in Cranbrook, B.C.The event is being co-sponsored by the Canadian Land Reclamation Association and th…
News
Mining a boon to Colorado’s coffers
Mining contributed, both directly and indirectly, a total of US$7.6 billion to Colorado’s economy in 1995, according to a recent study.In a report entitled Everything Begins with Mining — Mining and …
DIAMOND PAGE — River Ranch gets financing
A new financing will enable the operators of the River Ranch diamond mine in Zimbabwe to repay some debt.The joint-Venture company, owned equally by Toronto-based Redaurum (RRK-T) and Auridiam Consoli…
Lawyers cast net wider in Bre-X suit
More than 20 Canadian and U.S. law firms, all with pending lawsuits against disgraced Bre-X Minerals, are joining forces on a class action filed in Texas.The suit names all the usual suspects — Bre-X…
Discovery confirmed for Tan Range Exploration
An independent sampling program on the Itetemia property in the Victoria Lake gold district of Tanzania has confirmed that an area exposed by artisanal miners contains a significant gold-bearing zone….
Echo Bay takes another loss on chin
Echo Bay Mines (ECO-T) reported a substantial loss for the second quarter of 1997.The Denver-based company lost US$20.7 million during the 3-Month period ended June 30, compared with a loss of US$14.6…
Greatest value traded, July 23-29
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DIAMOND PAGE — Magino envisaged as big low-grade target
Low gold prices closed the Magino mine, 40 km northeast of Wawa, in 1992, and now Golden Goose Resources (GGR-T) is hoping that some new geological thinking may warrant a reopening.Golden Goose, which…
Gold Funds (August 04, 1997)
Gold Funds as of July 24, 1997BGRCentralNet Value$18.18$5.44Price$13.95$5.450Discount23.26%Premium0.2%Value$135,088,000$98,641,185…
ODDS ‘N’ SODS — That sinking feeling
Back in the 1950s, when we were kids in the northern Ontario mining town of Chaput Hughes, near Kirkland Lake, we spent more time roaming the local woods than we spent at home.We could be found either…
DIAMOND PAGE — Trivalence reports sale of gems
Diamond producer Trivalence Mining (TMI-V) recently completed its third gem sale of 1997, in Conakry, Guinea.A parcel containing 3,034 carats of rough diamonds was sold for US$1.7 million at the avera…
Most active issues, July 23-29
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