GOLD FUNDS (September 22, 1997)
Gold Funds as of September 11, 1997BGRCentralNet Value$18.11$5.69Price$14.15…
Articles by Northern Miner Staff
SPOT PRICES (September 22, 1997)
Wednesday, September 17, 1997Price (US)Week’s ChangeGold*$319.95- $1.05Silver*$ 4.
LME WAREHOUSE LEVELS (September 22, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept. 16/97 (change from previous week in brackets):MetalStocks (tonnes)Change…
Gowest partners with GeoNova
A gold property in Quebec’s Cavalier Twp. will be jointly explored by Gowest Amalgamated Resources (GWA-A) and GeoNova Explorations (GNE-M).The companies recently formed a joint venture whereby each w…
Drills turning at King Bay property
A drill program is under way at the King Bay gold property, 70 km northeast of Ignace in northwestern Ontario.The program is operated by RedBird Gold (RBD-A-A), which recently made a $50,000 property …
Mazarin seeks gold in Uzbekistan, Peru
Quebec-based Mazarin Mining (MAZ-T) has acquired the right to explore, develop and put into production gold-bearing properties in Peru and Uzbekistan.A letter of understanding allowing Mazarin to acqu…
Cameco experiences mixed second quarter
Despite impressive gains in uranium and gold production, Cameco’s (CCO-T) revenue and net earnings fell significantly during the second quarter.Cameco’s share of uranium production from its four urani…
Frame thwarted at Greenfields
The Victor Smorgon Group has backed the existing directors of Greenfields Coal, an Australian coal company in which Clifford Frame’s Mineral Resources (MIC-T) holds about 15 million shares.The directo…
Sulliden seeking Peruvian gold
Montreal-based Sulliden Exploration (SUE-M) has resumed drilling on the Las Huaquillas property in northern Peru.Sulliden completed the first phase of exploration on thecopper-gold-molybdenum project …
Normandy, Minorco back Indomin’s exploration effort
The Busang gold fraud has made life difficult for junior companies exploring in Indonesia. But persistence might pay off for Indomin Resources (IRL-V), a .TToronto-based junior which recently formed a…
Santa Cruz beefs up Lluvia de Oro mine
Drilling has boosted proven reserves at the Lluvia de Oro gold mine by nearly two-thirds, reports new owner Santa Cruz Gold (SCG-T).A 6,100-metre drill program at the mine, which is situated in Mexico…
NEWS IN BRIEF (September 22, 1997)
Mina Resources (MIA-V) has changed its name to Anaconda Uranium (ANU-V).