A plan put forward by Quebec’s ministry of natural resources to revise the provincial mining act is drawing criticism from two of the province’s prospectors associations.Amendments being proposed unde…
The Vancouver Stock Exchange composite index added 2.07 points, or 0.3%, to close at 596.13 over the report period ended Jan 27. The mining index also finished on an up-note, gaining 5.45 points, or 1…
Gold Funds as of January 22, 1998BGRCentralNet Value$14.67$6.21Price$11.40…
Earth Sciences (ESCI-Q) has acquired the right to explore for diamonds in the Gran Sabana, a large treeless expanse in southeastern Venezuela.The vendor, a Venezuelan company known as CODSA 14, contro…
With a membership of more than 6,000 individuals and corporations, the Prospectors & Developers Association of Canada (PDAC) is taking a keen interest in the Ontario task force currently reviewing sta…
Kennecott will earn a 65% interest in up to eight uranium concessions held by JNR Resources (JNN-V) in the Athabasca Basin of northern Saskatchewan.To do so, Kennecott must spend $1.5 million on explo…
The current slump in gold prices is taking its toll on Teddy Bear Valley Mines (TBY-T), the 15.35% owner of the Holloway gold mine in northeastern Ontario.Operated by Battle Mountain Canada (BMC-T), w…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.27/98 (change from Jan. 20 in brackets):MetalStock(tonnes)Change…
Infill drilling at one of the two main zones of the Vueltas del Rio gold project in northwestern Honduras continues to intersect impressive mineralization for property owner Geomaque Explorations (GEO…
Two miners died in a recent rockfall at the Quinsam coal mine, 22 km north of Campbell River, B.C.Hillsborough Resources (HLB-T) reports that three miners were trapped when the tunnel in which they we…
Operator Mispec Resources (MPE-M) has calculated a resource for three closely spaced zones on its Jampang gold property in West Java, Indonesia.The combined resource for the Lipi, Pasir Keusik and Put…
The Hackett River base metal property is about to change hands.NovaGold Resources (NRI-T) has announced plans to acquire Hackett River Resources, which has a 53% interest in the property, situated 400…
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