1997


Drilling yields gold values at Virgen deposit

Although diamond drilling at the Virgen gold property in north-central Peru has been hampered by bad ground conditions, preliminary results from the first five holes of a 13-hole program are comparabl…


EDITORIAL PAGE — Tackling corruption

Doing business in foreign countries has placed some North American mining companies face-to-face with the problem of how to secure promising projects without taking part in the corrupt business practi…


Placer writes off Marcopper stake

Placer Dome (PDG-T) has divested itself of its interest in Marcopper Mining of the Philippines, following a tailings spill in 1996 that forced the Vancouver company to take a US$43-million charge agai…


High-grade skarn identified at Pajaritos

General Minerals (GNM-T) has intercepted high-grade copper-gold values at its Pajaritos property in Chile.The company recently drilled eight holes, each of which intercepted anomalous values. The high…





TSE SHORTS (March 31, 1997)

Short positions outstanding at March 15, 1997Larger individual positions included: Barrick Gold 11,043,672, down 561,749; Agnico-Eagle 224,166; AJ Perron Gold 376,400; Antares Mining & Exploration 215…





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