TORONTO STOCK EXCHANGE INDICES (March 23, 1998)
1998Mar.17Mar.16Mar.13Mar.12Mar.11HighLowComposit…
News
Geomaque keeps up profitability
Geomaque Explorations (GEO-T) held its position as a profitable junior gold producer in 1997, posting earnings of $1.6 million (or 4cents per share).This figure includes a one-time charge of US$698,00…
Menora outlines Peruvian deposit
Results from a reconnaissance field program suggest that the Julcan I property in north-central Peru has potential for hosting an economic gold depost, Menora Resources (MEN-M) reports.Situated 112 km…
MOST ACTIVE ISSUES, Mar. 11-17
ExchgVol(000’s)Close.ZSInco LtdT474227.20TVX Gold IncT…
Northern Orion pours first gold
Northern Orion Explorations (NNO-T) poured its first bar of gold at the newly constructed leach facility at the Mantua mine, 240 km west of Havana, Cuba. The event marks the Vancouver-based junior’s f…
DIAMOND PAGE — Diamond output adds to Trivalence bottom line
Diamond production from the Aredor concession in Guinea provided Vancouver-based Trivalence Mining (TMI-V) with a healthy profit in the fourth quarter of 1997.Revenue from Aredor totalled $7.5 million…
Echo Bay defers payments
Echo Bay Mines (ECO-X) will defer cash payments on US$100 million in capital securities.The second semiannual payment on the securities, which were issued in March of last year, is due in October and …
U.S. government investigates American Gem claims
The U.S. Department of Justice is investigating the alleged submission of certain fraudulent mining claims in west-central Montana involving American Gem (GEM-T), its former chairman, Gregory Dahl, an…
GREATEST VALUE TRADED (March 23, 1998)
ExchgVol(000’s)HighLowCloseChangeInco LtdT125095…
Venezuelan congressman challenges Crystallex — Congressional committee offers papers to OSC
Calling the court actions launched by Crystallex International (KRY-T) “judicial privateering,” a Venezuelan congressman told an investment conference here that the company’s claims to legal title to …
Etruscan, Placer Dome hit more gold mineralization at Samira
Results from seven deep holes drilled at the Samira gold project in southwestern Niger have enabled partners Etruscan Resources (EET-T) and Placer Dome (PDG-T) to confirm the deposit’s continuity at d…
Arcon takes shine to Princess
By signing a letter of intent, Princess Resources (PRL-V) has enabled Dublin-based Arcon International Resources to gain a toehold entry into its exploration projects in China and Africa.Arcon will su…