Gold demand for the first three months of the year was 17% higher than in the same period in 1996, according to a survey conducted by the World Gold Council.The record figures were bolstered by demand…
Rouyn-Noranda, Que.-based Coleraine Mining Resources (CRI-M) has confirmed the presence of two gold-rich zones on the Perron property, 12 km west of Normetal in northwestern Quebec.The first phase of …
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…
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