Moscow-based Western Pinnacle Mining (WPN-V) has signed an agreement to evaluate three gold deposits near Chita in eastern Siberia, Russia.Western Pinnacle will set up a 50-50 joint venture with the R…
Partners Rhonda Mining (RDM-A) and Noranda (NOR-T) have received mixed results from drilling at their Esker base-metal project in the Northwest Territories.Results ranged from 0.08% lead and 0.97% zin…
Australian-based Caldera Resources (CDR-M) has dealt an option to earn a 60% interest in its Abminga diamond project, on the northern border of South Australia, to Australian diamond explorer Astro Mi…
Recent surface exploration by Prospectors Alliance (PALL-C) has prompted the company to mobilize a drill rig to a newly staked property in the Savant Lake area of northwestern Ontario.The junior is ex…
Dec. 29, AdobeDec. 29, Conqueror HoldingsDec. 29, Interock GoldDec. 29, Minera RayrockDec. 29, MonarchDec. 29, Rayrock YellowknifeDec. 29, Viking GoldDec. 29, WayburnDec. 30, Amcan MineralsDec. 30, Bl…
Now that Canyon Resources (CAU-X) has 100% control of the McDonald gold property in Montana, it is updating the economics of the project in light of additional data and a lower gold price.The company …
Company officials and visitors examine core from the Glimmer mine.New Year’s Day 1998 will mark the start of official production for the Glimmer mine project in northeastern Ontario.Operator Exall Res…
The board of directors of Barrick Gold (ABX-T) has adopted a shareholder-rights plan designed to make the company more difficult to take over.Barrick will propose the plan — which would remain in eff…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.19/97 (change from Dec. 16 in brackets):MetalStock(tonnes)Change…
A group of institutions have committed to purchase US$45 million of secured notes from Royal Oak Mines (RYO-T), conditional to satisfactory documentation and completion of due diligence.The funds are …
Canadian production of gold, nickel, refined copper and zinc, and potash rose between October 1996 and October 1997. However, output of silver, primary copper and zinc, asbestos and lead dropped over …
They call themselves “miners in Gucci loafers,” — a suitable moniker for Pierre Lassonde and Seymour Schulich, considering that they make up one of Bay Street’s most financially successful gold minin…
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