A 3,000-Metre drill program by BHP Minerals is testing the Gope diamond project in Botswana, reports junior partner AfriOre (AFO-V).The program is testing targets identified during a recent geophysica…
Infill drilling by LionOre Mining International (LIM-T) returned one of the best nickel sulphide intersections achieved to date at the Maggie Hays deposit in Western Australia.Diamond drilling returne…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJune 24June 23June 20June 19J…
1997June 24June 23June 20June 19June 18HighLowCom…
and Grayd Res. manage to buck downward trend among mining stocksThe Vancouver Stock Exchange composite index was down 46.5 points, or 5.06%, at 872.09 over the report period ended June 24. The mining …
The Toronto Stock Exchange’s TSE 300 composite index fell 41.38 points to 6,490.96 between June 18 and 24, with transportation stocks and conglomerates showing strength, and the resource sectors — fo…
Ashanti Goldfields (ASL-N) intends to spend US$28 million on exploration in Africa during 1997.The company’s managing director, Peter Cowley, says two-Thirds of the funding will be directed towards ex…
Gold Funds as of June 19, 1997BGRCentralNet Value$20.02$5.87Price$15.15$5…
Wednesday, June 25, 1997Price(US)Week’s ChangeGold*$338.70- $3.35Silver*$ 4.77…
With its principal shaft now complete from surface to the main haulage level, Rea Gold (REO-T) has finished about 95% of the construction at its Bissett gold mine in eastern Manitoba.The former gold p…
Canadian gold producer Agnico-Eagle Mines (AGE-T) reported a net loss of $800,000 for the first quarter ended March 31, down from net income of $1.8 million a year earlier.The company attributed the l…
Further metallurgical studies have reinforced the favorable results of earlier tests performed on mineralization at the Nico polymetallic prospect, 170 km northwest of Yellowknife, N.W.T.Samples that …
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