Arian raises funds for Julietta
A recently announced financing of 6.5 million units at 90cents each will provide Arian Resources (ARA.U-T) with funds with which to continue development of its Julietta gold-silver deposit in the Maga…
News
COMMENTARY — Our day on the Hill
The author is chairman of the Mining Association of Canada. He has written the following at the request of Keep Mining in Canada, an organization formed to increase awareness of the importance of mini…
High River Gold moves to feasibility stage in southern Siberia
Siberia is not the easiest place to build and operate a mine, but Toronto-based High River Gold (HRG-T) is seeking to become a major player in that region’s gold industry.A partner in the Russian comp…
Queenston hits gold
More holes in the Kirkland Lake, Ont., project of Queenston Mining (QMI-T) and Franco-Nevada Mining (FN-T) have intersected gold mineralization along structural extensions of known gold deposits at th…
EDITORIAL — Breaking in a new mines minister — Back to square one
Countless mines ministers, both federal and provincial, have come and gone during the 82-year history of this paper. We’ve had some good ones, some that did a passable job, and others who were plain a…
Teck deals half of Tsacha to Corona
Teck (TEK-T) has signed a deal with Corona Gold (CRG-T) whereby the latter can earn a 50% interest in the 2,100-ha Tsacha gold property in British Columbia.To earn its interest, Corona must spend $500…
Miners abroad advised to expect higher costs
Escalating costs pose a greater threat to the mining industry than do falling metal prices, according to the head of the mining group for Price Waterhouse.In a speech delivered at the accounting firm’…
DIAMOND NEWS ROUNDUP — Messina evaluates Liqhobong
Toronto-based Messina Diamond (msc.u-t) has completed the evaluation of 1,303 carats recovered from its initial bulk sampling of the Satellite pipe at the Liqhobong project in Lesotho, South Africa.Th…
DIAMOND PAGE — Rex tests African project
Producer Rex Diamond (RXD-T) has secured permits to explore two concessions in the northwestern African country of Mauritania.The land package covers 46,700 km in the northwest part of the country, wh…
STOCK MARKET — Junior gold mining stocks help keep western markets afloat — Cross Lake makes splash after Timmins area find; Silverstone, Haddington also
upThe Vancouver Stock Exchange composite index edged up 6.55 points, or 0.8%, over the holiday-shortened report period ended Oct. 14 to close at 838.4. The mining index finished at 748.74, up 6.48 poi…
Producer and Dealer Prices (October 20, 1997)
Aluminium: LME settlements US$1,633 per tonne(Oct. 14/97).Antimony: Composite free market, US$1,935 per tonne (Oct. 14/97).Bismuth: Composite free market US$3.40 per lb. (Sept. 30/97).Cadmium: Composi…
GREATEST VALUE TRADED, Oct. 8-14
ExchgValue ($000s)HighLowCloseChangeBarrick GoldT…