KWG confirms gold at Morne Bossa prospect
Drilling by Montreal-based KWG Resources (kwg-t) at its Morne Bossa prospect, south of Cap Haitien in northern Haiti, continues to return encouraging gold values.Recent highlights include: 37.5 metres…
News
Delgratia resumes trading after assaying controversy
Las Vegas, Nev. — Shares of Delgratia Mining (delgf-q) have resumed trading after a 3-week halt related to controversy over assay results from the company’s Josh property, some 40 miles south of here…
Spot Prices (April 28, 1997)
Wednesday, April 23, 1997Price (US)Week’s ChangeGold*$340.70- $0.75Silver*$ 4.72…
Greatest Value Traded, April 16-22
ExchgValue ($000s)HighLowCloseChangeBarrick GoldT…
Correction (April 28, 1997)
At the Camsell Lake diamond project in the Northwest Territories, Winspear Resources (wsp-v) recovered several pyropes and a single coarse chromite grain from the core surface of the kimberlite inters…
Bre-X release adds fuel to rumor mill
Rumors, of course, fly better in a vacuum.Shares of Bre-X Minerals (bxm-t) took a wild ride on April 23, as rumors about the company’s Busang gold project in Kalimantan, Indonesia, proliferated thanks…
Quantum eyes Zambian mines
The government of Zambia has offered First Quantum Minerals (fm-v) a seat at the negotiation table in talks related to the sale of state-owned mines and processing facilities.The Zambian Privatization…
Eastmain Res. to explore greenstone belt in Quebec
Toronto-based Eastmain Resources (er-t) is gearing up to explore 65,000 ha of the Eastmain greenstone belt, which is situated 800 km northwest of Montreal, Que.At the Lac Hudson gold prospect, Eastmai…
ODDS ‘N’ SODS — A guilty conscience
.BBOB SINKSONWorking as an expatriate mine manager in South America, I learned that the margin between waking and dreaming can be very thin.One Sunday afternoon, I was sitting in my undershorts, dripp…
EXCHANGE RATES (Bank of Canada noon rate)
DateApr. 22Apr. 21Apr. 18Apr. 17Apr. 16U.S. Dollar1.39551.3976…
Mongolia Gold adds ground
Mongolia Gold Resources (mgr-v) has added to its holdings in Mongolia by acquiring an 80% interest in two exploration licences.The properties, which, combined, cover 5,000 sq. km of ground in the cent…
TVX Gold calculates new resource in Greece
Drilling has enabled TVX Gold (tvx-t) to calculate resource figures for its Skouries copper-gold project in northern Greece.Last year, the company sank 23 diamond drill holes in a program exceeding 15…