There was still no deal at presstime for the enormous Busang gold project in Kalimantan, Indonesia, but talks continued between Bre-X Minerals (BXM-T) and its blind date, Barrick Gold (ABX-T).Meanwhil…
Fresh from negotiating a successful buyout of Arequipa Resources, former president Catherine McLeod-Setlzer has found a new challenge: looking for minerals in China.McLeod-Setlzer was recently appoint…
The Costa Rican government has turned down an environmental impact statement (EIS) from Minera Rayrock (MRN.A-T) regarding the Bellavista gold-silver project.Minera Rayrock is now pursuing an appeal u…
The Toronto Stock Exchange’s TSE 300 composite index at last broke 6,000, but, having vaulted that barrier, it lost momentum and finished the trading period Nov. 27-Dec. 3 at 5,940.73, down 34.83 poin…
The Vancouver Stock Exchange composite index slipped 9.2 points over the report period ended Dec. 3, to close at 1,145.96. The resource index, meanwhile, fell 87.57 points to 2,229.55.Alberta-listed T…
Early results of diamond drilling on the Opoteca concession in central Honduras are providing encouragement to VenCan Gold (VCG-M)Preliminary results were obtained from the first half of an initial 2,…
The value of diamonds from the A-154 South kimberlite pipe at the Diavik project in the Northwest Territories has increased to US$59.30 from US$56.10 per carat.Ownership of the project, near Lac de Gr…
Wednesday, December 3, 1996Price (US)Week’s ChangeGold*$370.40 – $3.55Silver*$ 4.8…
1996Dec 3Dec 2Nov 29Nov 28Nov 27HighLowComposite”…
Montreal-based Franc-Or Resources (FOR-T) has begun drilling at its St.Pierre property in northwestern French Guiana.The 3,000-metre program is testing the downdip extent of the North Body structural …
Drilling by Guyana Goldfields (GGFI-C) is testing the Peters mine gold property, a past producer in Guyana.The initial holes are testing the main shaft area, where previous operators extracted 39,000 …
The Awak Mas gold project in Indonesia is now wholly owned by Australian-based Lone Star Exploration (LSE-V).Previously, the junior held a 45% stake in the property. It will purchase the remainder fro…
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