News

Dorothy McCrea, a Sancta Barbara Award winner, has died. She was 91.Born Dorothy Dowsett in 1905 near the Witwatersrand gold mine in South Africa, she emigrated to Timmins, Ont., with her family in 19…

Junior Rux Resources (RUXR-C) has formed a 50-50 joint venture with the government of Uzbekistan to participate in two precious metal projects in that country’s Tashkent region.One of these, the Kayra…

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.17/97 (change from previous week in brackets):Aluminium891,825(+14,150)Copper197,450(-8,075)Lead108,225(-850)Nickel46,54…

Drill results from the Rainy River property in northwestern Ontario point to improved gold grades.Nuinsco Resources (NWI-T) reports that hole 6, drilled diagonally into the No. 17 zone, intercepted 37…

Gold Funds as of March 13, 1997BGRCentralNet Value$23.34$6.15Price$17.90$…

New Claymore Resources (NCS-V) has increased to 6 million acres its land position in the Buffalo Hills-Peace River area of north-central Alberta.The area has heated up since Ashton Mining of Canada (A…

ExchgValue($000s)HighLowCloseChangeInco LtdT11370…

Wednesday, March 19, 1997Price (US)Week’s ChangeGold*$348.95- $4.20Silver*$ 5.17…

Pacific Rim Mining (PFG-V) will use proceeds from a $12.7-million equity financing to accelerate exploration of its Cerro Blanco and La Colorada properties in northwestern Argentina and fund future ac…

Diamond drilling at the Taylor gold property in the Matheson area of northeastern Ontario has returned high-grade gold values for St Andrew Goldfields (SAS-T).The company is concentrating its efforts …

The Vancouver Stock Exchange composite index rose 15.77 points, or 1.18%, over the report period ended March 11, closing at 1347.18. The resource index rose was up just a notch, adding 4.6 points, or …

Same show, new roof.The 65th annual convention of the Prospectors & Developers Association of Canada (PDAC) had a new home, the Metropolitan Toronto Convention Centre, and a new, roomier feel, while s…