GREATEST VALUE TRADED, Dec. 15-19
ExchgValue($000s)HighLowCloseChangeBarrick GoldT2…
1997
Gold Reserve granted hard-rock rights at Las Brisas
With the publication of a special issue of the Official Gazette, the government of Venezuela has granted Gold Reserve (GLR-T) title to the hard-rock rights at Las Brisas, a copper-gold deposit in the …
Banro cuts more gold
Banro Resource (BNRS-C) has hit another long gold intersection at its Twangiza gold project in the Democratic Republic of Congo.Hole 3 hit 328 metres (from 126 to 454 metres) grading 1.64 grams gold p…
Western markets — Cross Lake generates excitement from Timmins drill results
Over the shortened report period ended Dec. 18, the Vancouver Stock Exchange composite index gained 11.26 points, or 1.9%, to close at 595.45.The mining index was also up, rising 13.14 points, or 2.7%…
Redfern awaits mine approval
Management of Redfern Resources (RFR-T) expects a project approval certificate to be issued early next year for its Tulsequah Chief massive sulphide project in northwestern British Columbia.The compan…
Blue Emerald explores in Nicaragua
A geochemical sampling program by Blue Emerald Resources (BER-V) has identified two anomalous trends on the Quebrada de Oro project in northern Nicaragua.The trends are believed to host numerous gold …
STOCK MARKETS — Golds bounce back on busy TSE — Base metals also strong as broad market slides
The Toronto Stock Exchange fell slightly during three days of heavy trading over the report period Dec. 17-19, as the gold and base metal issues broke with tradition and actually rose in a declining m…
Production at Kumtor outpaces expectations of Cameco, government
Output at the Kumtor gold mine in Kyrgyzstan topped 13.2 tonnes of gold as of November 1997, and is on target to produce 14.5 tonnes for its first 13 months of operation.Production at the mine, which …
Mixed bag for October mineral production
Canadian production of gold, nickel, refined copper and zinc, and potash rose between October 1996 and October 1997. However, output of silver, primary copper and zinc, asbestos and lead dropped over …
ODDS ‘N’ SODS — Walking the dog
Among the most comical of all dogs is the low-slung, sad-eyed basset hound. They tend to be stubborn, almost untrainable, but are among the most lovable of a creatures.Little known by most people is t…
correction
Fairstar Explorations (FFR-M) plans to carry out a bulk sample in the order of 300-400 tonnes at the Fenelon A gold project in northwestern Quebec. Incorrect information appeared in our Dec. 8-14 issu…
EDITORIAL — Metals demand hangs in balance — Paper Asian tigers
For much of the past decade, the mature economies of Europe and North America have taken a back seat to the outstanding growth performance of the so-called Asian tigers. Yet few perceived the structur…