Monarch calculates Mexican gold-silver resource
Preliminary resource figures are adding momentum to the Saladillo gold-silver concession in Durango, Mexico.Monarch Resources (MRE-T) estimates the San Sebastian prospect contains 1.6 million tonnes g…
1997
Foreign projects featured in Cordilleran Roundup
A mood of cautious optimism prevailed at the 14th Annual Cordilleran Geology and Exploration Roundup. Delegates expressed enthusiasm over the current bull market for junior resource stocks, but their …
Asia Minerals eyes Philippine gold targets
Vancouver-based Asia Minerals (AMP-A) has signed a letter-of-intent agreement to explore the Aurora property on the island of Luzon in the Philippines.The 88,000-ha land package, which covers seven ex…
Pierina adds ounces for Barrick
Ongoing drilling at two South American projects has increased the gold reserves of Barrick Gold (ABX-T) to more than 50 million oz.The gold giant recently announced that its gold inventory rose to 51 …
Mineral Resources withdraws bid for Anvil Range Mining
Outgunned by Cominco (CLT-T), Mineral Resources (MIC-T) has abandoned its takeover bid for Anvil Range Mining (ARO-T).Mineral Resources found it was unable to win support for its bid from Anvil Range’…
Dia Met project subject of CIM lunch
The NWT diamond project of Dia Met Minerals and BHP Minerals will be discussed at the next meeting of the Canadian Institute of Mining, Metallurgy & Petroleum, to be held Thursday, Feb. 20 at 12 noon …
PEOPLE — DRAGOON
Cynthia Avelino, Walter Clemens, William Daly, Harry Hopmeyer, Michael Magrum and John Milligan appointed directors.
Spokane hosts technological conference
The Society for Mining, Metallurgy Exploration (SME) and the American Institute of Mining Engineers (AIME) will co-host the Northwest Metals and Minerals Conference, to be held April 23-25 at the West…
PEOPLE — COLUMBIA GOLD
Peter Grandich appointed vice-president of corporate strategy.
PEOPLE — CANARC (February 10, 1997)
Pierre Masse appointed vice-president of finance and chief financial officer.
Higher gold yield offsets slip in copper and nickel
Canadian production rates of gold, refined lead, refined zinc, salt and potash increased in November 1996 over levels recorded a year earlier.However, output of silver, copper, nickel, primary lead, p…
GOLD FUNDS (February 10, 1997)
Gold Funds as of January 30, 1997BGRCentralTNet Value$21.80$5.89Price$17.85$5.450Discount18.14%7.5%Value$162,026,000$98,641,185…