Minco expands presence in China
Minco Mining & Minerals (MMM-V) will earn an undisclosed interest in the Gala gold mine in central China.The mine, which has been in production since 1993, is about 15 km from the city of Ganzi in Sic…
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Falconbridge gains foothold in Zambian copper belt
A consortium consisting of Falconbridge (FL-T) and South African giants Gencor and Anglo American has gained the exclusive right to conduct a feasibility study on the Konkola copper project in north-c…
Sahelian to gain stake in Poura
A share transaction valued at $3 million will allow Sahelian Goldfields (SHGI-C) to acquire rights to the Poura gold mine in Burkina Faso, West Africa.The Toronto-based junior plans to acquire a 90% i…
Saskatchewan potash sector performs strongly in ’96
Sales of potash from Saskatchewan in 1996 broke the 7-million-tonne mark for the third straight year, according to that province’s Department of Energy and Mines.Last year, potash sales reached 7.04 m…
Chinese government hosts international mining exhibition
China will attempt to attract foreign investment to its mining sector by hosting an international mining exposition.The event, to be held April 23-25 in Shenzhen near Hong Kong, comes on the heels of …
STOCK MARKETS — TSE slips as golds slide
The Toronto Stock Exchange suffered a modest loss of 18.49 points, or 0.3%, over the report period ended Feb. 11, to close at 6,126.92.Trading volumes soared Feb. 5 when 130 million shares crossed the…
GREATEST VALUE TRADED, Feb. 5-11
ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…
Toronto Stock Exchange Indices (February 17, 1997)
1997Feb 11Feb 10Feb 7Feb 6Feb 5HighLowComposite”3…
Spot prices at a glance (February 17, 1997)
Wednesday, February 12, 1997Price (US)Week’s ChangeGold*$336.90- $6.25Silver*$ 4.8…
Azimut options Abitibi properties
Quebec-based Azimut Exploration (AZM-M) will spend at least $200,000 in 1997 to test two newly optioned properties in the province’s Abitibi greenstone belt.The junior can earn a 50% interest in the F…
Etruscan outlines gold zones at Kossa permit in Niger
Based on preliminary results of a geophysical program, Etruscan Enterprises (EET-V) has identified two major zones of interest on the Kossa permit in Niger’s Liptako gold district.The junior holds an …
STOCK MARKETS — Composite and resource indices flatten VSE
The Vancouver Stock Exchange composite index lost 4.5 points over the report period ended Feb. 11, to close at 1,213.71, while the resource index dropped 11 points to finish at 2,262.15.The combined v…