Failure by mining companies to understand the differences between anglophone and francophone legal systems in Africa countries can prove costly, according to a study by Price Waterhouse.African countr…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJuly 8July 7July 4July 3July…
Joint-Venture partners Diavik Diamond Mines and Aber Resources (ABZ-T) have released preliminary results from a program that involved the drilling of 11 large-diameter holes at their Diavik diamond pr…
Anvil Range Mining (ARO-T) has entered into an agreement that paves the way for a stripping program at its Grum deposit in the Yukon.The company has reached an agreement-in-principle for a $15-Million…
ExchgVol(000s)ClosePlacer DomeT1301920.10Barrick GoldT…
A unit of Iscor, a major South African steel and mining company, plans to acquire 2.4 million shares of Omax Resources (OXR-V).The purchase is part of Iscor’s strategy to grow by taking on internation…
1997July 8July 7July 4July 3July 2HighLowComposit…
Short positions outstanding at June 30, 1997Larger individual positions included: Abacan Resources 139,603, down 128,097; Antares Mining & Expl 158,400; Ariel Resources 67,170, up 67, 170; Asia Pacifi…
Calgary-based Troymin Resources (TYR-M) has initiated a sizable drill program at the Hawk Ridge copper-Nickel project in northern Quebec.The company has budgeted $1.5 million for 3,500 metres of drill…
The latest round of drilling by Laramide Resources (LAM-T) is testing a newly discovered zone at the Cerro Colorado gold project in Mexico’s Sonora state.Six of nine recent holes intersected mineraliz…
Following a winter season marked by corporate change, the Illinois Creek gold mine in west-Central Alaska has poured its first gold bar. The mine, situated 325 miles northwest of Anchorage, experience…
Sulliden Exploration (SUE-M) has begun the second phase of exploration at its Red Cliff Pond-Long Pond project on Newfoundland’s Baie Verte Peninsula.The project area is adjacent to the recently opene…
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