Low gold prices closed the Magino mine, 40 km northeast of Wawa, in 1992, and now Golden Goose Resources (GGR-T) is hoping that some new geological thinking may warrant a reopening.Golden Goose, which…
Back in the 1950s, when we were kids in the northern Ontario mining town of Chaput Hughes, near Kirkland Lake, we spent more time roaming the local woods than we spent at home.We could be found either…
Diamond producer Trivalence Mining (TMI-V) recently completed its third gem sale of 1997, in Conakry, Guinea.A parcel containing 3,034 carats of rough diamonds was sold for US$1.7 million at the avera…
ExchgVol(000s)CloseBarrick GoldT517830.95Inmet MiningT…
Wednesday, July 30, 1997Price (US)Week’s ChangeGold*$326.40+ $2.05Silver*$ 4.36…
1997July 29July 28July 25July 24July 23HighLowCom…
Under a Canadian court action, the sale of Glimmer Resources (GME-V) may proceed.The General Division of the Ontario Court ruled that the right of first refusal in the Glimmer mine joint-Venture agree…
The Vancouver Stock Exchange composite index closed up six points at 809.45 over the report period ended July 29, for a 0.7% gain. The mining index followed suit, rising 6.09 points, or 0.8%, to finis…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJuly 29July 28July 25July 24J…
Although the nickel values remain uneconomic, NDT Ventures (NDE-V) is encouraged by the latest drill data from its projects in Labrador.On Project 11-3, a joint venture with Essex Resource (ESX-V), ho…
With three new mines in operation, quarterly gold production for Amax Gold (AU-N) has reached record levels.The three mines — Fort Knox in Alaska, Kubaka in eastern Russia and Refugio in Chile — con…
Geomaque Explorations (GEO-T) has extended the San Juan zone as a result of drilling carried out on the Vueltas del Rio gold project in northwestern Honduras.Drilling began in February in the eastern …
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