Barrick to buy Gold Bar in Nevada
Barrick Gold (ABX-N) is hoping to gain a foothold in Nevada’s Battle Mountain trend by purchasing the Gold Bar property from Atlas (AZ-N).The major can acquire more than 90% of the property with an op…
News
Rio Algom aims for top producer status
Lower copper prices over the past year may have contributed to a sluggish year for Rio Algom (ROM-T), but Chairman Gordon Gray is confident the company will eventually become Canada’s premier copper p…
LETTER TO THE EDITOR — Truth or consequences — Enough is enough.
Our group has been in the business of evaluating, exploring and developing gold deposits for many years. Our audits of these deposits, for our benefit and for that of others, have yielded some absolut…
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…
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
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