TORONTO STOCK EXCHANGE INDICES (December 01, 1997)
1997Nov.25Nov.24Nov.21Nov.20Nov.19HighLowComposit…
News
PCS posts strong earnings for third quarter
Potash is a bright star for Potash Corp. of Saskatchewan (POT-T) as sales continue to surpass previous highs. The company posted record earnings of $71.4 million in the third quarter, on net sales of …
EXPLORATION ROUNDUP — Kinross augments reserves in Northern Ontario
Some exploration success was reported by Kinross Gold (K-T) at its various mine sites and mineral projects in North America and abroad.During the third quarter, at the Macassa mine in northern Ontario…
Anglo forms top gold company
For decades, South Africa-based mining house Anglo American has been a huge, complex organization in which dozens of mines were held by dozens of publicly traded operating companies. This is no more.P…
Student research grants available from SEC
The Colorado-based Society of Economic Geologists (SEG) has announced that research grants totalling US$40,000 will be available to students in 1998.The grants will be made available, under three sepa…
Golden Star drills for gold in Guyana
Preliminary drilling at the Eagle Mountain project in central Guyana, 80 km west of the Omai gold mine, is returning significant gold grades for Golden Star Resources (GSR-X).Drilling at the Kilroy zo…
PRODUCER & DEALER PRICES (December 01, 1997)
Aluminium: LME settlements US$1,581.50, alloy US$1,447 per tonne (Nov.25/97).Antimony: Representative mid-market US$1,675 per tonne (Nov. 25/97).Bismuth: Representative mid-market US$3.35 per lb. (Nov…
EXPLORATION ROUNDUP — AMT plans Copper Creek development
San Manuel, Ariz. — AMT International Mining (AAI-T) has fulfilled its obligation to earn a half interest in the Copper Creek project of Broken Hill Proprietary (BHP-N) and is waiting for the Austral…
EXPLORATION ROUNDUP — Virginia sizes up La Grande Sud Drilling under way at two other Quebec properties
Northern Quebec is certainly no stranger to mineral exploration, but, unlike many companies active there, Virginia Gold Mines (VIA-M) has chosen to focus on previously unworked territory.The junior ho…
EXPLORATION ROUNDUP — Another season wraps up at Meliadine West
With $16.2 million having been spent on exploration there to date, the Meliadine West gold project in the Northwest Territories is being advanced from exploration to the prefeasibility stage. The proj…
EXPLORATION ROUNDUP — Noveder hits copper-zinc at Betts Cove
A drill program by Noveder (NED-M) has confirmed the presence of a zone of copper and zinc mineralization at the Betts Cove project on Newfoundland’s Baie Verte Peninsula.The junior has completed seve…
EXPLORATION ROUNDUP — Cyprus benefits from Zambian privatization
Ongoing drilling has enabled Cyprus Amax Minerals (CYM-N) to outline a preliminary resource for the Kansanshi copper deposit in Zambia.The project — the first to have been awarded to a Western mining…