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…
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…
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…
After spending three years in the South Pacific, the Philippines and Japan during the Second World War, I returned to the U.S. in 1947 and spent a year in college as a chemistry major.That summer, I g…
A first phase of exploration will begin at the Jojoba gold project in northern Mexico.The 1,120-ha property is held by Aquiline Resources (AQI-V), though Hecla Mining (HL-N) has an option to buy a 60%…
Aluminium: LME settlements US$1,611 per tonne, alloy $1,480 per tonne (April 29/97).Antimony: Composite free market, US$2,310 per tonne (April 29/97).Bismuth: Composite free market US$3.10 per lb. (Ap…
Joint-venture partners Freewest Resources Canada (FWR-T) and Greater Lenora Resources (GEN-T) have drilled three holes on their Bylund gold property, 55 km west of Thunder Bay, Ont.Drill results are: …
I have always been a sucker for fairy tales, perhaps because I’m a kid at heart and have always wished they were true.The rags-to-riches story of Bre-X Minerals, the small Canadian company that suppos…
Redaurum (RRK-T) has augmented its Colorado holdings by acquiring the Maxwell kimberlite pipe property.The property, which had belonged to a private Colorado company, is 2 km west of Redaurum’s produc…
Market-watchers are bracing themselves for a rough ride as Bre-X Minerals (BXM-T) and Freeport McMoRan Copper & Gold (FCX-N) await interim results of Strathcona Mineral Services’ technical audit on th…
ExchgValue($000s)HighLowCloseChangeBarrick GoldT2…
Whether in steady orbit around the earth or on a long journey to a distant planet, satellites and the success of their missions depend on gold.Handheld Global Positioning Satellite (GPS) units are bei…
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