Mining in Canada is important to local communities, particularly those in remote regions. Employment opportunities in the mining industry provide local economies with substantial and often essential e…
Based on preliminary geological modelling of four pipes, the Diavik project in the Lac de Gras area of the Northwest Territories is estimated to contain resources of 36 million tonnes of kimberlite, d…
Several large stones were part of the latest production haul at Hymex Diamond’s (HMD-V) alluvial operations in Guinea, West Africa.For the month of March, the company recovered 5,511 stones weighing a…
In ongoing drilling, Greenshield Resources (GSR-M) has uncovered two gold zones at the Urban property, 185 km northeast of Val d’Or, Que.The junior is earning a half interest in the property from Moss…
To finance its Peruvian projects, Oroperu Resources (OROP-C) has raised $8.7 million in a private placement.The placement, which was brokered by Yorkton Securities, consisted of 4 million special warr…
The cloud of uncertainty looming over Bre-X Minerals continued to rain on most junior mining stocks.Led by the resource sector, the Vancouver Stock Exchange composite index lost 44.85 points, or 3.92%…
Gold Funds as of April 3, 1997BGRCentralNet Value$21.43$6.04Price$16.75$6…
The principals of Bre-X Minerals (BXM-T) lost many millions on paper when the stock crashed on March 27. But not before they made millions exercising lucrative options and selling high.Insider trading…
ExchgVol(000s)CloseBre-X MnrlsT540032.30Bresea ResM…
Two diamond drills are operating in a 37-hole program at junior Adrian Resources’ (ADL-T) Petaquilla property in Panama.Situated 125 km west of Panama City, the property comprises 2,086 sq. km and con…
Swannel Minerals (SNL-V) has changed its name to Globenet Resources (GBR-V) on a 1-new-for-10-old-share basis.
Wednesday, April 9, 1997Price (US)Week’s ChangeGold*$348.00- $2.70Silver*$ 4.77…
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