Olympus Pacific Minerals (OYM-V) has inked a deal with Indochina Goldfields (ING-T) to defer, for 12 months, $541,000 of a $641,000 payment due Sept. 11. The payment relates to Olympus Pacific’s acqui…
Two spectrometers are being used to assess drill results from the Black Lake-Newnham Lake uranium project in Saskatchewan’s Athabasca basin.The project, part of a joint venture between JNR Resources (…
A drill program to test for buried mineralization at the Taparko property in northeastern Burkina Faso has paid off for High River Gold (HRG-T).Thick lateritic cover had previously prevented explorati…
Major companies rarely bother exploring properties unless they see potential for mineral deposits big enough, or rich enough, to make an important contribution to their bottom line. That, in a nutshel…
AJ Perron and Arimetco International have both been de-listed. Is there any hope for either of them?.SFred Carach,.SMiami, Fla.Arimetco International (ARX-T) was de-listed by the Toronto Stock Exchang…
Junior Fort Knox Gold Resources (FNX-T) will get a helping hand from its major shareholder, Inco (N-T), in its quest for Labrador properties prospective for Voisey’s Bay-type nickel-copper-cobalt depo…
ExchgVol(000s)HighLowCloseChangeBarrick GoldT1020…
Wednesday June 24, 1998Price (US)Week’s ChangeGold*$293.90+ $5.50Silver*$ 5.34…
The Toronto Stock Exchange enjoyed a broad trading range during the June 17-23 report period, with the TSE 300 composite index dropping marginally to 7,175.23 points. Both mining sub-groups fell more …
Short positions outstanding at June 15, 1998Larger individual positions include: Abacan Resource 363,104, up 88,485; Abitibi-Consolidated 959,027, up 591,100; Ashton Mining of Canada 117,746; Asia Pac…
American brokerage houses Lehman Brothers and Goldman Sachs have reached an agreement with the new government of Indonesia to assist in the partial privatization of 12 state-controlled companies.The g…
Golden Star Resources (GSR-X) has agreed to accept shares from Guyanor Ressources (GRL.B-T) as repayment of debt.The transaction increases to 71% Golden Star’s stake in the French exploration company….
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