Voisey’s Bay project featured at CIM meeting
Although it is situated on the other side of the country, the Voisey’s Bay nickel-copper-cobalt project was among the deposits highlighted at the 99th annual meeting of the Canadian Institute of Minin…
News
LETTER TO THE EDITOR — An easily detectable discrepancy in Indonesia
I have followed with great interest The Northern Miner’s reports of the problems facing Bre-X Minerals over the assay results of samples from the Busang property in Indonesia.It is apparent that initi…
DIAMOND PAGE — Lytton, New Indigo process Jericho sample
About a third of a 15,000-tonne underground bulk sample of the land-based JD/OD-1 pipe at the Jericho project in the Northwest Territories has been processed.Partners Lytton Minerals (LTL-T) and New I…
SPOT PRICES (May 05, 1997)
Wednesday, April 30, 1997Price (US)Week’s ChangeGold*$340.45- $0.25Silver*$ 4.66…
GOLD FUNDS (May 05, 1997)
Gold Funds as of April 24, 1997BGRCentralNet Value$20.93$5.89Price$15.70$…
MacDonald begins drill-testing new zone
A diamond drill program by MacDonald Mines Exploration (MMP.A-A) has started testing the recently discovered Zona Campo Santos showing on the Golden Hill property in Cuba.The prospect lies 1 km northw…
Eden Roc proves up Ivorian gold deposit
Eden Roc Mineral (EDN-T) has released encouraging results from the latest 14 holes drilled on the Afema gold project in southeastern Ivory Coast.The project forms part of the Somiaf joint venture, in …
Chocolate Reef taking shape
A preliminary resource estimate for the Chocolate Reef structure on the Kahama-Buzwagi property in Tanzania indicates a resource in excess of 1 million oz. gold.Pangea Goldfields (PGD-T) reports that …
MOST ACTIVE ISSUES, April 23-29
ExchgVol(000s)CloseeBre-X MnrlsT518783.80Pure Gld ResT…
DIAMOND PAGE — Diamonds uncovered in Alberta kimberlites
Kimberlite bodies discovered in the Buffalo Hills area of north-central Alberta have proved to be diamondiferous.Ashton Mining of Canada (ACA-T) has pulled diamonds from the first three kimberlites te…
STOCK MARKETS — Toronto composite index climbs despite dismal week for golds — Base metals suffer as juniors regain lost ground; Loony down against greenback
Riding on the back of the transportation and environmental sub-group, the Toronto Stock Exchange 300 composite index rose for a second consecutive week to close the report period ended April 29 at 5,9…
TSE SHORT POSITIONS (May 05, 1997)
Short positions outstanding at April 15, 1997Larger individual positions included: Armada Gold 57,500, up 57,500; Barrick Gold 12,023,018, up 287,782; Agnico-Eagle 273,008, down 137,021; AJ Perron Gol…