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…
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Gold Funds (June 02, 1997)
Gold Funds as of May 22, 1997BGRCentralNet Value$21.05$5.80Price$15.75$5.
Greatest Value Traded, May 21-27
ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…
Party leaders, McLellan speak out on mining issues — Land claims, regulatory reform among most pressing concerns
At the beginning of the federal election campaign, The Northern Miner invited all five party leaders to participate in a brief interview about issues concerning the mining industry.Three of the leader…
THE DIAMOND PAGE –Messina launches bulk sampling
A 50,000-Tonne bulk-sampling operation is under way at the Liqhobong diamond project, 110 km northeast of Maseru, Lesotho.Messina Diamond (MSC.U-T) recently completed a first phase of drilling which w…
THE DIAMOND PAGE — United Reef mines in C.A.R.
Operator United Reef (URP-T) reports that mining has started at the MBala site on the Bamingui River diamond property in the Central African Republic.A 30-Tonne-per-hour plant is expected to be operat…
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…
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 — 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 — 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 — 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…
NEVADA — Quest drilling at Nevada’s Jasperoid gold property
Quest International Resources (QIX-T) has begun drilling at its Jasperoid gold project, southeast of Winnemucca.The company is engaged in a 5-To-7-hole, 3,000-ft. program on the 42-Claim property. The…