GREATEST VALUE TRADED, Dec. 15-19
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News
Gold Reserve granted hard-rock rights at Las Brisas
With the publication of a special issue of the Official Gazette, the government of Venezuela has granted Gold Reserve (GLR-T) title to the hard-rock rights at Las Brisas, a copper-gold deposit in the …
Western markets — Cross Lake generates excitement from Timmins drill results
Over the shortened report period ended Dec. 18, the Vancouver Stock Exchange composite index gained 11.26 points, or 1.9%, to close at 595.45.The mining index was also up, rising 13.14 points, or 2.7%…
Hillsborough boosts production at Quinsam coal operation
Higher production and lower costs at the Quinsam coal mine enabled Hillsborough Resources (HLB-T) to report net income of $1.2 million for the first nine months of 1997.The company reported net income…
Apex sees silver lining
An initial public offering of US$55 million will be used by Denver-based Apex Silver Mines (SIL-X) for the development of its silver projects.The company recently completed the offering, based on five…
Intrepid, Focal divide land holdings in Central America
An agreement between Intrepid Minerals (iau-a) and Focal Resources (fcj-v) will see the two companies split their joint-ventured properties in Central America, with Focal concentrating its efforts in …
ODDS ‘N’ SODS — Walking the dog
Among the most comical of all dogs is the low-slung, sad-eyed basset hound. They tend to be stubborn, almost untrainable, but are among the most lovable of a creatures.Little known by most people is t…
Echo Bay signs deal with Falcon
A land package situated in the heart of Ontario’s Timmins mining camp has caught the eye of Denver-based Echo Bay Mines (ECO-T).The senior gold producer recently signed an option agreement allowing it…
Redfern awaits mine approval
Management of Redfern Resources (RFR-T) expects a project approval certificate to be issued early next year for its Tulsequah Chief massive sulphide project in northwestern British Columbia.The compan…
Production at Kumtor outpaces expectations of Cameco, government
Output at the Kumtor gold mine in Kyrgyzstan topped 13.2 tonnes of gold as of November 1997, and is on target to produce 14.5 tonnes for its first 13 months of operation.Production at the mine, which …
Kit, Inmet extend agreement
Kit Resources (KIT-T) and Inmet Mining (IMN-T) have extended the deadline for a letter-of-intent agreement that will see the former purchase the latter’s Izok Lake polymetallic property in the Bathurs…
Arian boosts Julietta stake
The slump in gold prices is not curtailing the efforts of Arian Resources (ARA.U-T) to arrange production financing for the Julietta gold-silver project in the Madagan region of the Russian Far East.H…