Fuelled by strong performances in the gold and base metal markets, the Toronto Stock Exchange 300 composite index gained a hefty 119.28 points, or 1.9%, to finish the report period ended May 13 at 6,2…
1997May 13May 12May 9May 8May 7HighLowComposite”3…
First, the gold project collapsed, then the share price. Now, Bre-X Minerals itself appears to be self-destructing.Following the damaging revelations of a technical audit on its Busang property in Kal…
Having carried out a first phase of exploration on its San Jose de Gracia gold project in western Mexico, Golden Hemlock Resources (GHE-V) is preparing to conduct follow-up drilling.The first phase co…
Short positions outstanding at April 30, 1997.Larger individual positions included: Barrick Gold 11,910,540, down 106,478; Antares Mining 207,000, up 71,800; Anvil Range 719,800; Bema Gold 4,373,886, …
Consolidated Texas Northern Minerals (CXH-V) will use the proceeds of an $826,000 financing to explore for diamonds on the MAC claims in the Lac de Gras region of the Northwest Territories.The company…
International Wayside Gold Mines (IWA-V) will buy, from partner Mosquito Consolidated Gold Mines (MSQ-V), the remaining half of the Cariboo Gold Quartz property that it does not already own.As part of…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateMay 13May 12May 9May 8May 7…
Phelps Dodge (PD-N) will reopen the Ajo copper mine in southwestern Arizona.The company plans to spend US$238 million to refurbish the former open-pit operation. Construction is scheduled to begin ear…
Citing low gold prices, Vancouver-based Aurizon Mines (ARZ-T) is delaying the development of Vior Mining Exploration’s (VIO-M) wholly owned Douay-Ouest property.The property is 50 km north of Aurizon’…
In an attempt to increase the resource of the Oculto gold-silver zone, Barrick Gold (ABX-T) has completed an 8,000-Metre drill program on the Diablillos property in the northwestern Argentine province…
Kenrich Mining (KRC-V) is carrying out a $1.6-Million exploration program on the Corey polymetallic property in northern British Columbia.Plans call for an airborne geophysical survey to be flown over…
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