Bolivar to buy Revemin mill
Bolivar Goldfields (BVG-T) is dropping its lawsuit against Monarch Resources (MRE-T) and buying Monarch’s majority interest in the Revemin processing plant, situated 16 km from Bolivar’s Tomi gold con…
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Breakwater boasts robust earnings in latest quarter
An increase in revenue at the Nanisivik mine and higher throughput at the Mochito mine in Honduras are two factors which contributed to hefty profits for Breakwater Resources (BWR-T) in 1997.The base …
Study has Tenke-Fungurume poised for production
Preliminary results from Tenke Mining’s (TNK-T) final feasibility study of the Tenke-Fungurume project in the Democratic Republic of Congo indicate that it will be among the world’s lowest-cost produc…
EXPLORATION 1998 — Industry mines treasures based on GSC findings
A sizable portion of the research completed by the Geological Survey of Canada (GSC) over the past two years continues to be put to practical use by this country’s mining industry.For example, the Hop…
PEOPLE — GLIMMER RESOURCES
John Lill appointed director.
PEOPLE — AGNICO-EAGLE
Sean Boyd appointed president and CEO.
DIAMOND PAGE — Drilling heats up in Territorial diamond play — Juniors advance exploration projects while Diavik moves to permitting stage
Several diamond exploration programs are in full swing in the Northwest Territories.Monopros, the Canadian subsidiary of De Beers Consolidated Mines (DBRS-Q), has launched a drill program on the AK cl…
EXPLORATION 1998 — Hemisphere to drill Sunrise Lake — Formal agreement with Aber sets stage for work program
Eleven years after discovering a silver-lead-zinc deposit in the Beaulieu River greenstone belt of Canada’s Northwest Territories, partners Hemisphere Development (HSD-V) and Aber Resources (ABZ-T) ha…
GREATEST VALUE TRADED, Feb. 25-Mar. 3
ExchgVol(000s)HighLowCloseChange.ZSBarrick GoldT1…
EXPLORATION 1998 — Mongolia Gold eyes silver mine
Following a review of historical data, Mongolia Gold Resources (MGR-V) plans to explore a newly acquired silver project in the Camsell River district of the Northwest Territories.The Vancouver-based j…
GOLD FUNDS (March 09, 1998)
Gold Funds as of February 26, 1998BGRCentralNet Value$15.27$6.15Price$11.70…
EXPLORATION 1998 — Grayd prepares exploration program on key Alaskan projects
Recent acquisitions by Grayd Resource (GYD-V) have significantly increased its position and exposure in the state of Alaska such that it now holds a portfolio of 19 properties in seven districts.Forme…