World gold production is expected to increase by an average of 1% per year over the next four years, reaching 83.5 million oz. in 2001.This modest projected growth rate is in sharp contrast to that of…
Lucero Resource (LCR-V) has suspended drilling on the ITS property in north-central Alberta after failing to encounter kimberlite in the first six holes drilled to test five geophysical targets.All th…
Elaine McCombe, wife of mining engineer Robert McCombe, has died.She is survived by children Ann, Linda, Heather and Roberta, as well as eight grandchildren.
The Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum will host its annual boat cruise and Monte Carlo night on August 19.Boarding of The Northern Spirit at the docks at the…
Buenos Aires-based junior Plata Mining (PMT-A) has signed an agreement with Chilean firm Exploracion y Desarrollo Minero (Explodesa) to form a joint venture for the exploration and development of Plat…
Canadian production of copper, primary nickel and refined zinc rose between March 1997 and March 1998. However, output of commodities such as gold, silver, refined nickel, lead and primary zinc declin…
Former executives of Redell Mining (REDC-V) are in a British Columbia courtroom facing one count of fraud and 19 counts of misrepresentation under the province’s Securities Act relating to the company…
For Russians, whose government is desperately propping up the ruble, gold may soon have the same meaning as hard currency.Russian banks plan to boost sales of the yellow metal to members of the public…
Tuesday June 30, 1998Price (US)Week’s ChangeGold*$295.75+ $1.85Silver*$ 5.36…
Spokane, Wash.-based Minera Andes (MAI-A) has announced plans to drill the Arroyo Verde gold-silver prospect in eastern Chubut province, Argentina, in late July.Arroyo Verde is a joint venture with Pe…
Partners Intrepid Minerals (IAU-A) and High River Gold Mines (HRG-T) have uncovered silver mineralization at their El Zapote property in western El Salvador.Six trenches dug in the Cerro Colorado III …
Gold Funds as of June 25, 1998BGRCentralNet Value$13.65$5.93Price$10.05$5…
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