METAL PRICES — Daily Metal Prices (September 29, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateSept. 23Sept. 22Sept. 19Sept. 18…
News
Armistice tests potential of Virginiatown bet
Armistice Resources (ACI-T) continues to explore the potential of its Virginiatown gold property in northeastern Ontario.Drilling this past summer was concentrated at or below the 2,250-ft.level, gene…
Brimstone works to revive Mayflower
The past-producing Mayflower gold-silver mine in southwestern Montana could find itself back in business.Last year, Brimstone Gold (BSC-V) acquired the mine from two privately owned Montana companies….
GLOBAL SEARCH FOR GOLD — Metallica eyes Maria Rosa
A letter agreement sets the stage for Metallica Resources (MR-T) to acquire the assets and property of a small former gold producer in Goias state of central Brazil.The company says the Mara Rosa mine…
GLOBAL SEARCH FOR GOLD — Hyder uncovers gold zone at Kampti
Trenching by Hyder Gold (HGI-V) has uncovered gold mineralization at its Kampti exploration permit in southwestern Burkina Faso.The trenches tested a north-south-trending gold-in-soil anomaly at the n…
Bema arranges US$45-m financing for Refugio
Bema Gold (BGO-T) has arranged a non-recourse project loan for up to US$45 million based on its 50% share of production at the Refugio gold mine in central Chile. The new loan replaces a previously an…
Canadian Mountain, Goldtex encouraged in Yemen
Partners Canadian Mountain Minerals (CYM-A) and Goldtex Resources (GXR-A) have identified a high-grade gold target at their base and precious metals project in Yemen.The companies collected more than …
TVI skims hot grades from Philippine surface
TVI Pacific (TVI-T) has received encouraging results from early exploration at its Buenavista gold project on the Philippine island of Luzon.Since acquiring the 2,473-ha property in July, TVI has cond…
GLOBAL SEARCH FOR GOLD — Gold demand rises as prices languish
Reports released by two prestigious precious metals research goups paint rosy portraits of future gold demand.Both New York City-based CPM Group and London-based Gold Fields Mineral Services refer to …
GLOBAL SEARCH FOR GOLD — KWG augments holdings in Russia
Montreal-based KWG Resources (KWG-T) has acquired a half interest in the Mnogoverchinny (MG) gold mine in far eastern Russia.Situated in the Khabarovsk region, the mine contains proven and probable re…
Getchell boosts resource at Turquoise Ridge
Getchell Gold (GGO-X) has increased by nearly 1 million oz. the resource at its Turquoise Ridge gold deposit in northern Nevada.The boost, which weighs in at 990,000 oz., comes from two new mineralize…
GLOBAL SEARCH FOR GOLD — Output rises as Golden Cross prepares to close
Everyone likes a happy ending, and Coeur d’Alene Mines (CDE-N) is attempting to pen its own as it prepares to cease production at the Golden Cross mine in New Zealand following the operation’s most pr…