Highwood plans Thor Lake program
The Thor Lake beryllium deposit, east of Yellowknife, N.W.T., may at last be on its way to development.Highwood Resources (hwd-T) has applied for permits from the territorial government and the Water …
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Gold Funds (July 21, 1997)
Gold Funds as of July 10, 1997BGRCentralNet Value$18.16$5.41Price$14.00$5…
Rio Narcea hits high grade in Spain
Encouraging results from drilling at El Valle, a gold deposit in northern Spain, are reported by Rio Narcea Gold Mines (RNG-T).Hole Val-107, which tested the northern part of the Black Skarn target, e…
Raglan on track for early 1998 startup
Construction and development at the Raglan copper-Nickel mine of Falconbridge in northern Quebec is three months ahead of schedule, albeit slightly over budget.The mine is in the final stages of const…
DIAMOND PAGE — Results positive from Camsell Lake
Encouraged by the number and size of diamonds recovered from a 13-hole drill program at the Camsell Lake project in the Northwest Territories, partners Winspear Resources (WSP-V) and Aber Resources (A…
DIAMOND PAGE — THI, Longreach seek Angolan gems
Toronto-based Trans Hex International (THI-T) and Sydney-based Longreach Gold Oil have agreed to explore and develop the latter’s three diamond concessions in Angola’s Lunda Norte province.Longreach o…
STOCK MARKETS — Golds dive again as TSE sets new record — Broad market index breaks 6,600; gold index tests levels last seen in 1993
The Toronto Stock Exchange moved farther into record territory over the trading period July 9-15, with the TSE 300 composite index closing at record highs on four of the five trading days. The TSE 300…
BOOK REVIEW — Book examines murders at Giant gold mine
.BREVIEWED BY VIVIAN DANIELSONDying for Gold: The True Story of the Giant Mine MurdersBy Lee Selleck and Francis Thompson$28 — Available from Harper Collins PublishersDying for Gold generates more qu…
Samax, Resolute to cut ribbon on Tanzanian gold mine
Having signed a formal agreement with government officials, equal partners Samax Gold (SMX-T) and Resolute Samantha of Australia are proceeding with construction of the Golden Pride open-pit gold mine…
Rio Algom, Inmet expand Antamina deposit
Once again, partners Rio Algom (ROM-T) and Inmet Mining (IMN-T) have boosted the resource estimate of the Antamina copper-zinc deposit in Peru.The total in-pit resource is now pegged at a minimum of 5…
DIAMOND PAGE — Trivalence increases production in Guinea
Junior Trivalence Mining (TMI-V) reports an increase in test-phase diamond production at its Aredor diamond concession in Guinea, West Africa.In June, the company processed 20,203 tonnes of alluvial m…
Partners expand Peruvian gold project
Equal partners Pangea Goldfields (PGD-T) and Sundust Resources (SUN-M) have intersected additional mineralization at the Victoria gold project in Peru.Pangea, which is managing the exploration effort,…