and Grayd Res. manage to buck downward trend among mining stocksThe Vancouver Stock Exchange composite index was down 46.5 points, or 5.06%, at 872.09 over the report period ended June 24. The mining …
The Toronto Stock Exchange’s TSE 300 composite index fell 41.38 points to 6,490.96 between June 18 and 24, with transportation stocks and conglomerates showing strength, and the resource sectors — fo…
Ashanti Goldfields (ASL-N) intends to spend US$28 million on exploration in Africa during 1997.The company’s managing director, Peter Cowley, says two-Thirds of the funding will be directed towards ex…
Gold Funds as of June 19, 1997BGRCentralNet Value$20.02$5.87Price$15.15$5…
Wednesday, June 25, 1997Price(US)Week’s ChangeGold*$338.70- $3.35Silver*$ 4.77…
With its principal shaft now complete from surface to the main haulage level, Rea Gold (REO-T) has finished about 95% of the construction at its Bissett gold mine in eastern Manitoba.The former gold p…
A summer exploration program by Vulcan Minerals (VUL-A) will test the potential of the Carbonear base metal property, 80 km west of St. John’s, Nfld.The property covers several large gossan zones and …
Legislation regulating the export and import of rough diamonds in Russia is receiving final approval from President Boris Yeltsin.Once the law is passed, a new trade agreement is expected to be negoti…
Cumberland Resources (CBD-T) has agreed to a deal that will see its interest in the Meadowbank gold property, 70 km north of Baker Lake, N.W.T., increased to 100%.The deal with Comaplex Resources (CMF…
Demand for platinum in 1996 rose by 40,000 oz. to 4.9 million oz., led by increased industrial use and the manufacture of jewelry in the U.S. and China, according to a report published by British-base…
Canadian gold producer Agnico-Eagle Mines (AGE-T) reported a net loss of $800,000 for the first quarter ended March 31, down from net income of $1.8 million a year earlier.The company attributed the l…
Further metallurgical studies have reinforced the favorable results of earlier tests performed on mineralization at the Nico polymetallic prospect, 170 km northwest of Yellowknife, N.W.T.Samples that …
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