First half disappoints Triton
In spite of higher production and lower cash costs at its gold mine in Nicaragua, Triton Mining (TTM-T) tabled a lacklustre balance sheet for the first half of 1997.The El Limon mine yielded 22,301 oz…
News
Sampling of C12 kimberlite — yields macros and micros at Commonwealth
vancouverAnalysis of 257.5 kg of core from the C12 kimberlite pipe, situated on the Commonwealth claim block in the Lac de Gras region of the Northwest Territories, has yielded 30 macrodiamonds and 44…
Minorca to buy chunk of McWatters
Minorca Resources (MAR-T), flush with $67 million in cash once earmarked for its Indonesian projects (including a 60% financing of Askatindo Karya Mineral’s 10% share of the Busang gold bluff), will s…
N.B. conference to focus on environmental practices
A conference focusing on environmental practices at Canadian mining operations will be held at the Hotel Beausejour in Moncton, N.B., from Sept.25 to 26.Entitled “Green Challenges at Mining Sites,” th…
OBITUARY — George Finlay
George “Bill” Finlay, a well-known figure in the mining contracting industry, has died. He was 68.Born in North Cobalt in 1928, Finlay graduated from the Haileybury School of Mines in 1947 and began h…
Franciso expands El Sauzal
Vancouver-based Francisco Gold (FGX-V) has released results from the final holes of a third phase of drilling at El Sauzal, an epithermal gold project in Mexico’s Chihuahua state.Southeast of the West…
MOST ACTIVE ISSUES, August 20-26
ExchgVol(000s) CloseChangePan Amern ResM56800.25Denison Mines…
SPOT PRICES (September 01, 1997)
Wednesday, August 27, 1997Price (US)Week’s ChangeGold*$325.30+ $3.30Silver*$ 4.66…
TORONTO STOCK EXCHANGE INDICES (September 01, 1997)
1997Aug 26Aug 25Aug 22Aug 21Aug 20HighLowComposite”300″6697.916732.916709.786732.976773.136964.085657.96Metals & Minrls5100.355168.555115.825146.505194.905891.754927.03Integrated …
Drills turn at Lew property
A 6-hole drill program totalling 2,000 metres is under way at the Lew volcanogenic copper-zinc property, 20 km east-northeast of Flin Flon, Man.Partners Thunderwood Resources (THS-T) and Consolidated …
Voisey’s Bay work halted
A permitting delay threatens to push back the production date for the Voisey’s Bay nickel-copper-cobalt project beyond the current projection of late 1999.A Newfoundland Court of Appeal injunction has…
Cornucopia eyes Dublin Gulch
The Dublin Gulch gold project in the Yukon Territory has been relatively inactive for years. But Cornucopia Resources (CNP-T) plans to take control of the project from First Dynasty Mines (FDM-T) and …