Kinross cuts gold on Hoyle property
In the Timmins camp of Ontario, drilling carried out by Kinross Gold (K-TSE) on the Hoyle property has determined that previously drilled gold mineralization has continuity at depth.The property is he…
News
GREATEST VALUE TRADED, Feb. 5-11
ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…
Toronto Stock Exchange Indices (February 17, 1997)
1997Feb 11Feb 10Feb 7Feb 6Feb 5HighLowComposite”3…
Spot prices at a glance (February 17, 1997)
Wednesday, February 12, 1997Price (US)Week’s ChangeGold*$336.90- $6.25Silver*$ 4.8…
OBITUARY — Lomer D’Aigle
Lomer D’Aigle, who discovered several significant orebodies in Canada’s Far North, has died. He was 76.A native of Toronto, Mr. D’Aigle graduated from McGill University in 1950 with a degree in geolog…
Azimut options Abitibi properties
Quebec-based Azimut Exploration (AZM-M) will spend at least $200,000 in 1997 to test two newly optioned properties in the province’s Abitibi greenstone belt.The junior can earn a 50% interest in the F…
THE DIAMOND PAGE — SouthernEra finds more fissures at Klipspringer
SouthernEra Resources (SUF-T) has discovered three new kimberlite occurrences at its Klipspringer project in South Africa.A kimberlite fissure with an estimated width of 1.5 metres was encountered in …
Mines in the making — Placer inks deal for Las Cristinas
Construction will begin on the Venezuelan gold mine known as Las Cristinas, following an agreement signed by Placer Dome (PDG-T) and state-owned Corporacion Venezolana de Guayana.The agreement was sig…
STOCK MARKETS — Composite and resource indices flatten VSE
The Vancouver Stock Exchange composite index lost 4.5 points over the report period ended Feb. 11, to close at 1,213.71, while the resource index dropped 11 points to finish at 2,262.15.The combined v…
Etruscan outlines gold zones at Kossa permit in Niger
Based on preliminary results of a geophysical program, Etruscan Enterprises (EET-V) has identified two major zones of interest on the Kossa permit in Niger’s Liptako gold district.The junior holds an …
Mines in the making — Homestake building Ruby Hill
A new heap-leach gold mine under construction in central Nevada is expected to become the lowest-cost producer of Homestake Mining (HM-N).When it is up and running later this year, the Ruby Hill mine …
Commentary — Following the leaders
Jon Baird is managing director of the Canadian Association of Mining Equipment & Services for Export and chairman of the co-ordinating committee of Keep Mining In Canada, a grassroots campaign designe…