First half disappoints Triton
In spite of higher production and lower cash costs at its gold mine in Nicaragua, Triton Mining (TTM-T) tabled a lacklustre balance sheet for the first half of 1997.The El Limon mine yielded 22,301 oz…
News
Sampling of C12 kimberlite — yields macros and micros at Commonwealth
vancouverAnalysis of 257.5 kg of core from the C12 kimberlite pipe, situated on the Commonwealth claim block in the Lac de Gras region of the Northwest Territories, has yielded 30 macrodiamonds and 44…
STOCK MARKETS — Western markets remain static as summer draws to close — Mountain Province and Glenmore among few issues showing life signs
Western markets remained quiet over the report period ended Aug. 26. The Vancouver Stock Exchange composite index finished the period unchanged at 833.6, while the mining index edged up 2.95 points, o…
Mar-West, Curion expand Honduran deposit
An oxidized gold resource in excess of 20 million tonnes grading 1.3 grams gold per tonne has been established at the San Martin concession in central Honduras.The announcement follows a first phase o…
METAL PRICES — Daily Metal Prices (September 01, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateAug. 26Aug.25Aug. 22Aug. 21Au…
Donner drills — South Voisey’s Bay project
Diamond drilling is under way at the South Voisey’s Bay project of Donner Resources (drz-v).The 8,000-metre program is being managed by Teck (tek-t), which can earn a half interest in the project. The…
MOST ACTIVE ISSUES, August 20-26
ExchgVol(000s) CloseChangePan Amern ResM56800.25Denison Mines…
SPOT PRICES (September 01, 1997)
Wednesday, August 27, 1997Price (US)Week’s ChangeGold*$325.30+ $3.30Silver*$ 4.66…
TORONTO STOCK EXCHANGE INDICES (September 01, 1997)
1997Aug 26Aug 25Aug 22Aug 21Aug 20HighLowComposite”300″6697.916732.916709.786732.976773.136964.085657.96Metals & Minrls5100.355168.555115.825146.505194.905891.754927.03Integrated …
Drills turn at Lew property
A 6-hole drill program totalling 2,000 metres is under way at the Lew volcanogenic copper-zinc property, 20 km east-northeast of Flin Flon, Man.Partners Thunderwood Resources (THS-T) and Consolidated …
Voisey’s Bay work halted
A permitting delay threatens to push back the production date for the Voisey’s Bay nickel-copper-cobalt project beyond the current projection of late 1999.A Newfoundland Court of Appeal injunction has…
Falconbridge, workers reach contract deal
Falconbridge has come to a new contract agreement with 1,400 striking production and maintenance workers at its mining and smelting operation in Sudbury, Ont.Employees had been on strike since Aug. 1,…