Armada eyes gold in Chita
Armada Gold (AAU-T) has signed a protocol with the regional administration of Chita Oblast, Russia, addressing the future development of its Baley gold project.The agreement covers various tax issues …
News
Teck accelerates exploration in northeastern Mexico
Here in the southeastern state of Oaxaca, Teck (TEK-T) is carrying out early-stage exploration on the Lachatao gold property, with trenching and drilling endeavoring to outline what the company hopes …
Sadiola Hill mine makes golden progress — Iamgold sets stage for foreign juniors in West Africa
Any time you dig a big hole in the ground, you get a surprise or two. All any operator can do is try to be ready for them.Fortunately for the partners in the Sadiola Hill project in western Mali, the …
NEVADA — Nevada gold operations foundation of Barrick empire — Goldstrike to mine 2 million annually into next century
The Busang project in Kalimantan may have had more allure and sizzle for a time, but the Goldstrike property in Nevada’s Carlin trend was never in danger of losing its place as the production cornerst…
NEVADA — NEWS IN BRIEF (June 02, 1997)
International R.S.V. Resource (IRS-V) has changed its name to Harambee Mining (HAB-V) on a 1-New-for-5-old-share basis.
Party leaders, McLellan speak out on mining issues — Land claims, regulatory reform among most pressing concerns
At the beginning of the federal election campaign, The Northern Miner invited all five party leaders to participate in a brief interview about issues concerning the mining industry.Three of the leader…
Gold Funds (June 02, 1997)
Gold Funds as of May 22, 1997BGRCentralNet Value$21.05$5.80Price$15.75$5.
Producer and Dealer Prices (June 02, 1997)
Aluminium: LME settlements US$1,634.5 per tonne, alloy $1,476 per tonne (May 27/97).Antimony: Composite free market, US$2,220 per tonne (May 20/97).Bismuth: Composite free market US$3.30 per lb. (May …
SPOT PRICES (June 02, 1997)
Wednesday, May 28, 1997Price (US)Week’s ChangeGold*$344.70+ $2.45Silver*$ 4.76…
NEVADA — Newmont, Barrick rise to the top
Several North American companies with operations in Nevada are moving ahead of their South African competitors within the top tier of the world’s gold producers.While Anglo American of South Africa is…
NEVADA — Alta prepares to mine Olinghouse and Griffon — Green Hill-Payback pit readied for startup
Henderson-based Alta Gold (ALTA-Q) has increased its land position around its Olinghouse property in northwestern Nevada by more than half.The company staked another 140 mining claims in an area north…
THE DIAMOND PAGE — SouthernEra ties up agreement
Large-diameter drilling is planned by SouthernEra Resources (SUF-T) for the Camafuca-Camazambo pipe, near Calonda, in the Lunda Norte province of Angola.The company recently issued 500,000 of its shar…