GOLD FUNDS (October 06, 1997)
Gold Funds as of September 25, 1997BGRCentralNet Value$18.10$5.69Price$13.85…
Articles by Northern Miner Staff
MOST ACTIVE ISSUES, Sept. 24-30
ExchgVol(000’s)CloseCartaway ResA162050.31Barrick GoldT…
Pacific Rim now has more to explore in southern Mexico
By acquiring two new concessions, Miranda Industries (MAD-V) has tripled to 300 ha its land position in the Leticia area of Mexico’s Guerrero state.The Josse and Josse II concessions will become part …
St Andrew encouraged by Taylor drilling
Drill results from the Taylor gold property near Timmins, Ont., are keeping St Andrew Goldfields (SAS-T) in a hopeful frame of mind.The latest results are from five holes drilled in the West Porphyry …
Western Pacific eyes Chilean properties
Western Pacific Mining Exploration (WPC-M) has signed an agreement to earn interests in a small polymetallic producer and two former producers near Vallenar, in central Chile.The agreement, which is s…
NEWS IN BRIEF (September 29, 1997)
BORON CHEMICALS INTERNATIONAL(BHI-V) has changed its name to Atacama Minerals (AAM-V).
GLOBAL SEARCH FOR GOLD — Rio Tinto’s gold output on the rise
With interests in several mines around the world, Rio Tinto (RTP-N) produced more than 1 million oz. gold during the first half of 1997, up 15% from the comparable period in 1996.The company says its …
GLOBAL SEARCH FOR GOLD — Golden Knight tests projects in West Africa
The gold potential of West Africa continues to lure Golden Knight Resources (GKR-T), a Vancouver-based company with interests in 14 projects in Ghana and Burkina Faso.The company released results from…
GLOBAL SEARCH FOR GOLD — Abcourt plays waiting game in northwestern Quebec
Junior Abcourt Mines (ABI.B-M) is an example of a domestic mining company that is ready to bounce back into the production mode whenever gold or silver prices return to their former highs.The company’…
GLOBAL SEARCH FOR GOLD — Ashanti arranges funds for Bibiani mine
A US$60-million financing will provide funds for Ashanti Goldfields (AHD.U-T) to develop the Bibiani gold project in western Ghana.The open-pit mine is expected to produce 170,000 oz. gold per year at…
GLOBAL SEARCH FOR GOLD — Goldcorp bids for rest of Wilanour
Having previously failed to gain a stake in Wilanour Resources’ (WLR-T) holdings near Red Lake, Ont., Goldcorp (G.A-T) has launched a takeover bid for the junior company.Goldcorp has offered $1.40 for…
GLOBAL SEARCH FOR GOLD — Viceroy explores Yukon mine property
With the Brewery Creek gold mine up and running, operator Viceroy Resource (VOY-T) is turning its attention to exploring the potential of the surrounding mine property in Canada’s Yukon Territory.The …