Index (March 02, 1998)
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News
Companies (March 02, 1998)
Ascot ResourcesAur ResourcesBattle Mountain GoldCamecoCrystallex InternationalDakota MiningEcho Bay MinesEllesmere MineralsGetchell GoldGitennes ResourcesGoldcorpHigh River Gold MinesHomestake MiningI…
Nora buys ground in Chile
Nora Exploration (NXI-M) has acquired four claims prospective for gold-copper mineralization in northern Chile.In return, Nora will pay US$85,000 in cash and issue 25,000 shares to the private vendor….
Battle Mountain cuts costs to battle lower gold prices
Battle Mountain Gold (BMG-N) has lowered production costs, but still took a loss in the fourth quarter and its fiscal year.The company reported a net loss of US$20.6 million (or 9cents per share) duri…
Gitennes advances Virgen exploration
An exploratory tunneling program on the southern end of the Rio Suro gold zone at the Virgen property in north-central Peru is now complete.Gitennes Resources (GIT-T) is using the tunnel to develop a …
Aur drops Patagonia
After spending $1.5 million on exploration, Aur Resources (AUR-T) has decided to drop its option to earn an interest in the Patagonia property from Southern Rio Resources (SNZ-V).Southern Rio intends …
PEOPLE — PANDORA
John Campbell elected director.
PEOPLE — MARCHMONT
Nick Clarke appointed COO.
Alcan to build huge smelter in Quebec — Costs pegged at US$1.6 billion
Montreal-based Alcan Aluminium will construct a 375,000-tonne aluminum smelter in Alma, Que.The facility will replace the Isle-Maligne smelter, also in Alma, which has an annual production capacity of…
PEOPLE — GOLDMAX
Warwick Grigor elected director.
PEOPLE — CONS. VENTUREX (February 23, 1998)
Clarence Williams Cole elected director.
DIAMOND PAGE — Rupert sizes up South African pipe
The third hole of a delineation drilling program on the past-producing Crown kimberlite pipe in South Africa has intersected more than 467 metres of potentially higher-grade, hypabyssal-phase kimberli…