NEVADA — Adamas acquires Hercules gold property
Vancouver-based newcomer Adamas Resources (AMS-V) has picked up the Hydra-Hercules gold project.Situated southeast of Reno, in the Como mining district of the Pine Nut mountain range, the property com…
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NEVADA — Jerritt Canyon mine to benefit from new gold discoveries
Two discoveries and new production from the Dash open pit have invigorated operations at the 15-year-old Jerritt Canyon gold mine, near Elko.Independence Mining, a subsidiary of Luxembourg-based Minor…
NEVADA — Rochester remains constant for Coeur — First-quarter earnings down for U.S. producer
Production at the Rochester mine of Coeur d’Alene Mines (CDE-N) held steady during the first quarter of 1997, with 15,823 oz. gold and 1.5 million oz.silver.The latest figures are similar to those rec…
NEVADA — Brex continues Nevada exploration
Though primarily focused on exploring the gold and diamond potential of Guyana, Exploration Brex (BX-M) is continuing to explore its 50%-owned Section 12 gold property in Nevada’s Carlin trend.The pro…
NEVADA — NEWS IN BRIEF (June 02, 1997)
International R.S.V. Resource (IRS-V) has changed its name to Harambee Mining (HAB-V) on a 1-New-for-5-old-share basis.
NEVADA — Gold dominates in Nevada
Nevada mines churned out 7.1 million oz. gold last year, making it the first state to produce more than 7 million oz. of the yellow metal in the history of the United States.The state produced 6.8 mil…
STOCK MARKETS — VSE, Alberta slide as western markets continue slump — Diamond explorers add lustre to otherwise sluggish week
Both western markets slipped over the report period ended May 27, with the Vancouver Stock Exchange losing 17.63 points to close at 1,000.59 and the Alberta Stock Exchange down 33.34 points to finish …
Greatest Value Traded, May 21-27
ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…
Placer’s drills hit more Samira gold
Assay results from the Samira deposit in Niger continue to impress, with wide intersections exhibiting significant grades.To date, Placer Dome (PDG-T) has completed 55 diamond drill holes and has prov…
Gold Funds (June 02, 1997)
Gold Funds as of May 22, 1997BGRCentralNet Value$21.05$5.80Price$15.75$5.
Securities regulators pursue Naxos
Alberta securities regulators have filed a notice of hearing against Naxos Resources and company insiders Jimmy John, Ian Gordon, Carl Campbell, Sidney Kemp, Antony Moilliet and Frederick Arkoosh Jr.T…
NEVADA — Mineral Ridge poised to enter production
Cornucopia Resources (CNP-T) will soon pour the first gold from its wholly owned Mineral Ridge mine, near the town of Silver Peak in Esmeralda Cty.The 2,685-Acre property comprises 173 claims and incl…