News


NovaGold hits hot holes at Murray Brook property

Dartmouth, N.S.-based NovaGold Resources (NRI-T) is encouraged by diamond drill results from its Murray Brook polymetallic property, 37 miles west of Bathurst, N.B.The recently completed program, whic…



OPINION — Low copper prices settle in

While mine closures have had the impact of reducing copper concentrate availability, the volume of production will be overwhelming in the second half of 1998 and throughout 1999. To have visible impac…




Barrick reports strong quarter

Major leaguer Barrick Gold (ABX-T) increased its fourth-quarter earnings by boosting production and lowering cash costs.In the three months ended Dec. 31, 1997, Barrick earned US$75 million, compared …


Canarc takes shine to Mexican prospect

Junior Canarc Resource (CCM-T) has acquired a polymetallic prospect on 19,600 ha of ground in the bourgeoning El Salvador area play in central Mexico.The property, known as Lobo 3, lies 20 km northeas…


IG expands in Myanmar

Indochina Goldfields (ING-T) has boosted minable reserves and production estimates at its Monywa copper project in the north-central plains of Myanmar.The project, which is jointly owned by IG and the…


Gold, zinc zones extended at Lew

Partners Thunderwood Resources (THS-T) and Consolidated Abitibi Resources (CAQ-M) have discovered more high-grade gold and zinc mineralization in drill core from their Lew property in northwestern Man…


Breakwater boasts robust earnings in latest quarter

An increase in revenue at the Nanisivik mine and higher throughput at the Mochito mine in Honduras are two factors which contributed to hefty profits for Breakwater Resources (BWR-T) in 1997.The base …


Meetings (March 16, 1998)

Mar. 16, Anglo-AndeanMar. 16, Channel ResourcesMar. 16, Int’l VestorMar. 16, ToscanaMar. 17, Eldon ResourcesMar. 17, ESM ResourcesMar. 17, GreenshieldMar. 17, Manson CreekMar. 19, GWR ResourcesMar. 19…


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