Princeton postpones rollback, suffers loss
Poor market conditions have forced Princeton Mining (PMC-T) to postpone a planned 5-for-1 share rollback.The transaction had been approved previously, but, because of the battering many mining stocks …
News
LETTER TO THE EDITOR — Ontario committed to regulatory reform
I am writing in response to the commentary on the Ontario regulatory process (T.N.M, May 12/97).I was quite disappointed to see such a portrayal of Ontario’s regulatory system in your publication. The…
PEOPLE — BOOKER GOLD (June 09, 1997)
William Deeks appointed director.
DIAMOND PAGE — Ashton focuses on Roundrock play
Ashton Mining of Canada (ACA-T) will examine new indicator mineral targets on the Roundrock property in the Northwest Territories.Drilling last summer resulted in the discovery of the Aquila diamondif…
PEOPLE — BEHRE DOLBEAR (CANADA)
Derek Rance appointed president and chief executive officer.
Metal Prices — Daily Metal Prices (June 09, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJune 3June 2May 30May 29May 2…
Tan Range eyes Wyldsdale prospect
Vancouver-based Tan Range Exploration (TNX-A) plans to purchase the Wyldsdale gold prospect in southern Africa from JCI of South Africa.The prospect occupies a portion of a 100-sq.-km prospecting lice…
St Andrew extends zone
Continued drilling by St Andrew Goldfields (SAS-T) at its Taylor gold mine in the Matheson area of northeastern Ontario is confirming and extending the West Porphyry zone a further 120 metres westward…
Nord launches exploration in Swayze greenstone belt
Though best known for its mineral projects in Australia and Southeast Asia, Nord Pacific (NORPY-Q) plans to spend up to $4.8 million exploring an advanced gold project in Ontario’s Swayze greenstone b…
Serengeti pens Anglo agreement
Serengeti Diamonds (SGD-V) has signed a joint-Venture deal with South African mining giant Anglo American.The agreement will see Anglo bear all costs up to a feasibility study on Serengeti’s Tanzanian…
Ursa Major explores Nirinsk
Junior Ursa Major International (URS-T) has completed a due diligence review of its 60%-owned Nirinsk licence, situated 210 km northeast of Karaganda in central Kazakstan.The 68-sq.-km licence contain…
Rio Narcea expands mineralization in Spain
Rio Narcea Gold Mines (RNG-T) has announced promising results from drilling programs in Spain.Stepout drilling at the gold-silver-copper project known as El Valle is delineating a major extension to t…