GSN plans Nevada symposium
The Geological Society of Nevada (GSN) will host a symposium in Reno-Sparks, Nev., on May 15-18, 2000.Topics scheduled for discussion include: the geology of Nevada in the context of the Great Basin a…
News
STOCK MARKET — TSE continues to break records, while gold has its day — Juniors feed off higher prices for the yellow metal
The Toronto Stock Exchange 300 index broke another record, ending the report period of April 1-7 at 7579.70, for a gain of 28.56 points, or 0.4%, over the previous period.The market was stimulated par…
EDITORIAL — Consider independent legal opinions — Legal minefields
Stock exchanges and securities regulators ask exploration companies to submit independent geological reports at certain junctures, which begs the question: should an independent legal opinion be requi…
TSE INDICES (April 13, 1998)
1998Apr. 7Apr. 6Apr. 3Apr. 2Apr. 1HighLowComposit…
Mining boon to Saskatchewan
Saskatchewan’s economy will continue to grow in 1998, thanks largely to its energy and mining sectors, according to Scotiabank’s latest economic report.”The increasing diversification away from agricu…
MOST ACTIVE ISSUES, April 1-7
ExchgVol(000s)CloseBarrick GoldT1515232.00Kinross GldT…
Mining associations to converge on Montreal for joint conference
Four associations are joining forces to stage a major mining show in Montreal next month.Montreal ’98, a conference of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), the Council of …
Aurizon suffers loss despite record gold production — Closing date extended on Casa Berardi
A drop in both head grade and realized gold prices pushed Aurizon Mines (ARZ-T) into the red for fiscal 1997, despite the company’s record gold production of 39,668 oz.For the year ended Dec. 31, 1997…
TSE Short Positions (April 13, 1998)
Short positions outstanding at March 31, 1998Larger individual positions include:Abitibi-Consolidated 737,173, down 1,036,079; Barrick Gold 14,765,318, up 565,339; Battle Mountain Canada 2,446,763, up…
SPOT PRICES (April 13, 1998)
Wednesday, April 8, 1998Price (US)Week’s ChangeGold*$309.75+ $8.15Silver*$ 6.46…
Valerie hits anomalous mineralization at Mamatla
Valerie Gold Resources (VLG-V) reports that recent drilling on a promising soil geochemical gold-silver anomaly at the Mamatla concession in south-central Mexico returned anomalous mineralization.Unde…
ECU warms up at Velardena
As part of its preproduction phase, ECU Gold Mining (ECU-M) has begun processing ore at its Velardena gold and silver mine in Mexico.The mill is treating an average of 380 tons per day by direct cyani…