Jack Geller, acting chairman of the Ontario Securities Commission (OSC), has criticized the media for creating “a feeding frenzy” over Bre-X Minerals and the issue of whether or not there is gold at i…
Shareholders of Chase Resource (GQS-T) and Delta Gold Mining (DTG-V) have approved a merger agreement.Under the proposed amalgamation, Chase shareholders will receive one share of the new company for …
Metal stocks (in tonnes) held in London Metal Exchange warehouses at April 28/97 (change from previous week in brackets):Aluminium802,100(-16,200)Copper141,075(-9,050)Lead114,500(+1,650)Nickel5…
Commercial production at the Rosebud gold-silver mine in northwestern Nevada has begun, two months ahead of schedule and US$3 million under budget.Joint owners Hecla Mining (HL-N) and Santa Fe Pacific…
1997Apr 29Apr 28Apr 25Apr 24Apr 23HighLowComposit…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateApr. 29Apr. 28Apr. 25Apr. 24A…
Battle Mountain Canada (BMC-T) has recovered encouraging gold intersections from the Opon prospect, part of the 230-sq.-km Dunkwa property of Birim Goldfields (BGI-T) in the Ashanti gold belt of Ghana…
Drilling on the Michaud gold property, east of Timmins, Ont., continues to return positive results for partners Moneta Porcupine Mines (me-t) and Barrick Gold (abx-t).Recently, in the central block of…
Rebounding from a 2-week slump, the Toronto Stock Exchange 300 composite index gained a healthy 111.82 points (or 1.9%) over the report period ended April 22 to close at 5,855.37. Due in part to the w…
In light of recent fluctuations in the Canadian financial market, Addwest Minerals (ala-v) has decided to postpone a fund-raising and stock rollback on the Vancouver Stock Exchange.The Denver-based co…
Washington state-based Royal Oak Mines (ryo-t) is headed to Fiji to explore for copper and gold.The mid-tier gold producer struck a deal with Placer Pacific Namosi to acquire the Namosi project, which…
Deep drilling at the Bulyanhulu gold project in northwestern Tanzania has intersected gold mineralization some 300 metres beyond the previously defined depth to nearly 1,100 metres below surface.Sutto…
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