Kit quantifies George Lake
Kit Resources (KIT-T) has received a new resource estimate for its George Lake gold project near Bathurst Inlet, N.W.T.California-based engineering group Mineral Resources Development (MRDI) has pegge…
News
STOCK MARKET — TSE soars to record highs while gold and base metals drop — Platinum and palladium bounce back, base metals hold their ground
The Toronto Stock Exchange 300 composite index hit record numbers once again, ending the report period of March 25-31 at 7,551.23, for a gain of 7.27 points from the previous week.The week was stimula…
MOST ACTIVE ISSUES, Mar. 25-31
ExchgVolume($000s)Close.ZSBarrick GoldT1210930.70Placer Dome…
Banro completes initial phase of drilling at Twangiza
Banro Resource (bnrs-c) has completed the first phase of diamond drilling at its Twangiza gold project in the Democratic Republic of Congo’s Kivu province.This phase consisted of 9,251 metres drilled …
SAF on trail of diamonds
Kimberlite indicator minerals have been recovered from at least 30 sites on the Mosomane diamond property in southeastern Botswana.Southern Africa Minerals (SAF-T) reports that several of the sites co…
EDITORIAL — Ottawa and environmentalists at it again — Much ado about (maybe) nothing
First of all, it is not a park, only a park proposal. And it’s not a mine yet either, or even a mineral deposit for that matter. It’s the strongest gravity anomaly in North America, which, if mineral-…
Winspear joins Tyler on Carat project
Winspear Resources (WSP-V) has entered into a joint-venture option agreement with Tyler Resources (TYS-T) to acquire up to a 70% interest in the Carat property, north of the Lac de Gras region in the …
LME Warehouse Levels (April 06, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.31/98 (change from Mar. 24 in brackets):MetalStock(tonnes)Change…
TORONTO STOCK EXCHANGE INDICES (April 06, 1998)
1998Mar. 31Mar. 30Mar. 27Mar. 26Mar. 25HighLowCom…
SPOT PRICES (April 06, 1998)
Wednesday, April 1, 1998Price (US)Week’s ChangeGold*$301.60+ $3.10Silver*$ 6.47…
Royal Oak finds savior
Royal Oak Mines (RYO-T) has obtained US$120 million to help finance the completion of the Kemess gold-copper mine in north-central British Columbia.Toronto-based Trilon Financial came to the rescue, a…
Meetings (April 06, 1998)
April 6, DoublestarApril 6, First GoldApril 6, RankinApril 6, South American Gold & CopperApril 7, DobranaApril 7, HaddingtonApril 7, IrianaApril 7, Pan AfricanApril 8, CartaApril 8, WestallApril 9, B…