Two new gold zones with impressive grades were identified by Xemac Resources (XEM-M) during a fall drill program at its Lac Barry project in Quebec.To date, 16 shallow diamond drill holes have tested …
-1998-Jan. 13Jan. 12Jan. 9Jan. 8Jan. 7HighLowComp…
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateJan. 13Jan. 12Jan. 9Jan. 8Jan.
ExchgVol(000s)CloseWestmin ResT77035.40Barrick GoldT…
Echo Bay Mines (ECO-T) has uncovered significant zones of gold mineralization during a 23-hole drill program at the Zopilote property in Honduras.Echo Bay is earning a 60% interest in the property fro…
Two recent holes drilled by Guyana Goldfields (GGFI-C) have intersected gold at the Peters mine property, a former producer situated in Guyana.From surface, hole 18 returned 122 metres grading 1.41 gr…
Thomas C. Patton appointed president and COO. Dale Corman appointed chairman and CEO.
The weak Asian economy and low gold prices have led management of Mazarin (MAZ-T) to withdraw from gold exploration in order to refocus on the company’s industrial mineral operations in Quebec.Two yea…
World Wide Minerals (WWS-T) has transferred all of its gold assets to a newly created subsidiary, Libra Gold.The shares of Libra Gold will be distributed to World Wide shareholders on a pro rata basis…
The Toronto Stock Exchange composite index fell back 326.67 points during the period Jan. 7-13, closing at 6,329.59. The decline, which included a whopping 220-point drop on Jan. 9, was blamed on furt…
Short positions outstanding at December 31, 1997Larger individual positions include:Abitibi-Cons 135,553, down 606,285; Aurado Exploration 204,500, up 190,000; Barrick Gold 10,455,660, down 834,852; B…
.BDerek WiltonPaleoplacer gold and uranium deposits are generally mined as underground operations, as the hard-rock host material is usually deep beneath the earth’s surface.The gold mines in South Af…
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