SPOT PRICES (November 03, 1997)
Wednesday, October 29, 1997Price (US)Week’s ChangeGold*$313.70- $9.00Silver*$ 4.79…
News
TORONTO STOCK EXCHANGE INDICES (November 03, 1997)
1997Oct.28Oct. 27Oct. 24Oct. 23Oct. 22HighLowComp…
TSE SHORTS POSITIONS (November 03, 1997)
Short positions outstanding at October 15, 1997Larger individual positions include: Barrick Gold 10,920,447, up 55,992; Beau Canada Exploration 1,000, down 186,219; Bema Gold 4,695,448, down 60,400; C…
Troymin reports Yukon find
Troymin Resources (TYR-M) has encountered significant values of gold, silver and base metals at its joint-ventured Prospector Mountain property, 240 km northwest of Whitehorse, Y.T.The Calgary-based c…
Echo Bay says no-no to Kingking
Echo Bay Mines (ECO-T) has decided to not proceed with the acquisition of a 75% interest in the Kingking copper-gold porphyry deposit in the Philippines from Benguet (BE-N).Echo Bay and its 25% partne…
Seahawk in Brazil
Seahawk Minerals (SKM-V) has signed agreements with two Brazilian companies to acquire two gold properties in the South American country.The first property consists of three concessions — Lavras, Pal…
Normandy profit jumps
Australian-based major Normandy Mining saw its net profit jump by more than half this past quarter.In the three months ended Sept. 30, Normandy recorded a consolidated net profit of US$32.1 million (u…
MacDonald launches golden takeover
MacDonald Mines (MMP.A-A) has signed an agreement with Mill City Gold Mining (MIV-V) to acquire the latter’s 46.5% controlling interest in Golden Hill Mining (GHMC-C).For each share owned by Mill City…
Companies (November 03, 1997)
INDEXAgnico Eagle MinesAlmaden ResourcesArizona Star ResourceArmada GoldAsarcoAtna ResourcesAurizon MinesBarrick GoldBema GoldBenguetBHP CopperBlackstone ResourcesCambiorCamecoCanadian M…
Meetings (November 03, 1997)
MEETINGSNov. 3, Red Fox Nov. 7, New Goldcore Nov. 7, Newfields Nov. 7, Slocan Rambler Nov. 9, Sirios Nov. 10, Conquistador Nov. 10, Continental Precious Nov. 12, Argentina Gold Nov. 12, Coleville Nov….
Kit drills gold target at George Lake property
Assays from summer drilling at the George Lake gold project of Kit Resources (KIT-T) in the Northwest Territories show some strong grades.Assays from drilling on the Goose Lake prospect included: 4.25…
DIAMOND NEWS ROUNDUP — Project targets anomalies
A joint venture consisting of Canadian Mountain Minerals (CYM-A), Dia Met Minerals (DMM-T) and Australian-based Quadrant Resources has detected more than 100 circular magnetic anomalies on diamond cla…