News

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.10/97 (change from previous week in brackets):Aluminium877,675(-4,775)Copper205,525(-9,275)Lead109,075(+1,050)Nickel45,8…

Pangea Goldfields is listed on the Toronto Stock Exchange under the ticker symbol PGD. Incorrect information appeared in our issue of March 10, 1997.

Toronto-based Geomaque Explorations (GEO-T) will raise $14 million, most of which will be used to acquire interests in Latin American projects.The company sold 4 million special warrants at $3.50 each…

Gold Funds as of March 6, 1997BGRCentralNet Value$23.11$6.15Price$18.25$5…

Mar-West Resources (MSR-V) has agreed to a brokered private placement of 1.5 million special warrants at $2 each for proceeds of $3 million.Proceeds will be used to acquire and explore projects in El …

Drilling is under way at the Hartbeestlaagte 146 (H-146) and Zwartrand 145 (Z-145) diamond concessions in the Northwest Tansvaal province of South Africa.The concessions, which comprise 83 sq. km, are…

The feasibility study for the NWT Diamonds project, near Lac de Gras in the Northwest Territories, proposes the development of five kimberlite pipes over 17 years. However, given the discovery of addi…

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By 1909, the northeastern Ontario town of Cobalt boasted a rag-tag downtown consisting of tailors, dressmakers, haberdashers and ice cream makers. The merchants, like the miners themselves, came from …

ALUMINIUM: LME settlements US$1,646 per tonne, alloy $1,528 per tonne (Mar. 12/97).ANTIMONY: Composite free market, US$2,235 per tonne (Mar. 11/97).BISMUTH: Composite free market US$3.15 per lb. (Mar….

Odin Mining & Exploration (ODN-V) has received promising assays from the first three holes drilled at its Marcia gold property in southwestern Ecuador.Hole 2 intersected 29.92 metres from surface, gra…

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