Richmond Hill, Ont.-based Dynatec has been awarded a US$9.5-million contract from North American Salt.The contract covers the sinking of a 1,600-ft., concrete-lined production shaft at Cote Blanche Is…
Despite low prices for both uranium and gold, Cameco (CCO-T) posted solid earnings for the first quarter.Net earnings for the 3-month period ended March 31 increased to $18 million (or 31cents per sha…
Zappa Resources (ZPA-V) is set to deal its interest in the Gaby gold deposit in southern Ecuador to Ecuadorian Minerals (EMC-T).In a deal valued at US$1.6 million, Ecuadorian would take sole interest …
Among the companies recently listed for trading on the Vancouver Stock Exchange is Orko Gold (OK-V), a junior with property holdings in British Columbia.The company’s chief asset is the 1,175-ha Bonap…
Wheaton River Minerals (WRM-T) is making a name for itself by acquiring underdeveloped gold properties and breathing new life into them through canny management and the introduction of low-cost heap-l…
Wednesday, May 6, 1998Price (US)Week’s ChangeGold*$303.50- $4.05Silver*$ 6.08…
Yukon Spirit Mines (YSM-V) has changed its name to GaineyResources (GRD-V) on a 1-new-for-7.4-old-share basis.
Deloitte and Touche, the accounting firm acting as bankruptcy trustee for Bre-X Minerals, has obtained a court order freezing the Bahamian assets of former Bre-X chairman David Walsh.The injunction, g…
1998May 5May 4May 1Apr. 30Apr. 29HighLowComposite…
Cimarron Minerals (CIU-V) has arranged a brokered private placement of 2 million special warrants at 32cents each, for gross proceeds of $640,000.Each special warrant is exchangeable for one share and…
Junior Treminco Resources (TMO-T) has signed a letter-of-intent with two subsidiaries of Newmont Gold (NGC-N) to acquire the Elkhorn gold project in Montana.Treminco must issue 550,000 shares and pay …
Australia’s Newcrest Mining is acquiring a controlling stake in the Canada Onda gold property in central Argentina from Solitario Resources (SLR-T).The Aussie miner can earn up to a 60% interest in th…
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