ODDS ‘N’ SODS — Sticks and stones
I have read of the passing of Dr. Harry Warren, my professor of mineralogy and mentor in both geochemistry and grass hockey.Dr. Warren was the equal of Jack Magel, the pilot who logged many trips flyi…
News
Inuit push for infrastructure in Nunavut — Mining symposium aims to ease concerns about regulatory hurdles
Cambridge Bay, N.W.T. — While the new territory of Nunavut (pronounced noon-a-vut) will not gain official status until April 1999, Inuit organizations are already launching programs to attract mining…
AfriOre busy in Botswana
A series of writedowns on exploration properties pushed AfriOre (AFO-V) into the red in the past fiscal year.The company’s loss for the 12 months ended Nov. 30, 1997, amounted to $7.3 million (or 46ce…
GREATEST VALUE TRADED, April 8-14
ExchgVol(000’s)HighLowCloseChangeBarrick GoldT122…
Cons. Nevada hits high grade
Drilling by Consolidated Nevada Goldfields (KNV-T) has intercepted high-grade gold values at the Nixon Fork gold mine, near McGrath, Alaska.Beneath the C-3300 level, four holes encountered narrow inte…
Rondal signs up for survey
An induced polarization survey is set to begin on a 25,000-acre land package under option to Rondal Gold (RGD-A) in Mexico’s Zacatecas state.Rondal has the right to acquire 49% of the shares of a priv…
COMMENTARY — Showcasing mining’s diversity
The author is program director for Mining Works for Canada (formerly Keep Mining in Canada), a grassroots campaign designed to increase awareness of the importance of mining in this country.As we have…
NovaGold goes solo at Murray Brook
NovaGold Resources (NRI-T) has signed a new agreement with privately owned Sheridan Platinum Group to acquire a 100% interest in the Murray Brook polymetallic property in northern New Brunswick.An ear…
MINING MARKETS AND INVESTMENT NEWS — U.S. markets — Dow climbs through 9,100
The Dow Jones Industrial average ended the April 8-14 report period on a high note, closing above the 9,100 mark for the first time. The average was up 153.70 points, or 1.7%, for the week.On the New …
Kit devalues George Lake
Junior Kit Resources (KIT-T) plunged deeper into the red in 1997.The Alberta-based company reported a loss of $23.7 million (or 76cents per share) for the twelve months ended Dec. 31. This compares wi…
Companies (April 20, 1998)
Almaden ResourcesAmax GoldAnzex ResourcesArchangel DiamondAshton Mining of CanadaAsia Pacific ResourcesAvminBarrick GoldBattle Mountain GoldBema GoldBHP MineralsInternationalBirim GoldfieldsBlack Hawk…
PEOPLE — MINERA SIERRA MADRE
Peter Holmes appointed chairman and CEO. Arturo Bonillas Zepeda appointed president.