Juniors exploring prospects in James Bay
Activity is heating up in the James Bay area, where several juniors recently launched exploration programs.Virginia Gold Mines (VIA-M) and its partners have begun drill programs at several projects ne…
News
MINING MARKETS & INVESTMENT NEWS — NEWS ROUNDUP — Fortune sells Ontex shares
In order to focus on core projects, Fortune Minerals (ft-t) plans to sell 5.7 million shares of Ontex Resources (ONT-A) at 60 cents per share for proceeds of $3.4 million.The company has already secur…
MOST ACTIVE ISSUES, SEPT. 15-21
ExchgVol(000s)HighLowCloseChangePlacer DomeT13084…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Big golds recover ground in weak market
The Toronto Stock Exchange slid badly over the trading period Sept. 15-21, with the TSE 300 composite index falling 220.22 points (3.1% of value) to close at 6,917.87 on Sept. 21. The base metal stock…
Valdez finds gold in Chihuahua
Junior Valdez Gold (VAZ-A) has found low-grade gold mineralization on its Gaby property in Chihuahua state, Mexico.Anomalous gold values were found in soil samples from the Los Jarros prospect, which …
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Valerie among juniors to shine on VSE
The Vancouver Stock Exchange composite index edged up 0.73 of a point, or 0.2%, to close at 406.79 for the report period ended Sept. 21. The mining index tumbled 3.63 points, or 1.3%, to finish the we…
EDITORIAL & OPINION — COMMENTARY — Ontario mining in the veins
“There is no failure except in no longer trying.” — Elbert HubbardQuotations such as the one above are lived out daily in the mining business. If the town of Kirkland Lake had given up hope, it could…
DIAMONDS — Stockdale, Caldera find microdiamonds at Tabletop, Gunanya — Partners ready to drill following clearance
Early soil sampling at the Tabletop and Gunanya properties in the Pilbara region of Western Australia has yielded three microdiamonds.Stockdale Prospecting, the Australian exploration unit of De Beers…
Year of the accountant — The numbers game
We called it the year of the gilded reptile, and for good reason. We still shudder looking back at 1997, the annus horribilus that brought us the Busang salting scandal and assorted lesser scandals. R…
Standard Bank sponsors mining conference in Iran
The Standard Bank of London, England, is sponsoring the first Internationl Mines and Metals Investment Forum. The event, scheduled for Oct. 19-20, will be held in Tehran, Iran.The event, being organiz…
GOLD FUNDS (September 27, 1999)
Gold Funds as of September 16, 1999BGRCentralNet Value$13.135.37Price$8.95…
New zone found near Caber, Caber North
Drilling has intersected a narrow zone of zinc-copper-silver massive sulphide mineralization in an untested area between the Caber and Caber North deposits near Matagami, Que.Noranda (NOR-T) can earn …