1997


International Pursuit joins White Knight in Nevada

International Pursuit (ipj-t) has signed an agreement-in-principle to acquire interests in two Nevada gold properties of White Knight Resources (wkr-v).White Knight, which holds properties in Nevada’s…


Nugget Pond startup strengthens Richmont

The start of production at the Nugget Pond mine, near Baie Verte, Nfld., enabled Richmont Mines (ric-t) to boost its operating cash flow tenfold in the second quarter, compared with 1996 levels. Also,…


Restructuring fills Minorca’s coffers

A stock restructuring program has given Minorca Resources (mar-t) an influx of $67 million for potential project development.Eleven million special warrants were issued on March 13, and holders of 10….


PRODUCER AND DEALER PRICES (August 18, 1997)

Aluminium: LME settlements US$1,721 per tonne, alloy $1,500 per tonne (Aug.12/97).Antimony: Composite free market, US$1,910 per tonne (Aug. 11/97).Bismuth: Composite free market US$3.65 per lb. (Aug. …


Royalty sisters report mixed quarter

Rescheduling of operations at Barrick Gold’s (abx-t) Goldstrike project in Nevada has boosted first-quarter earnings for Euro-Nevada Mining (an-t), while impeding those of sister company Franco-Nevada…


Eden Roc Minerals turns around in latest quarter

Improvements in operations and higher production at the Afema heap-leach gold mine in Ivory Coast gave rise to a strong second quarter for Eden Roc Minerals (edn-t).For the three months ended June 30,…


Greenstone teams with Independence

Toronto-based Greenstone Reources (gre-t) has entered into an agreement with Independence Resources (idn-v) to acquire and develop gold projects in Mexico.Greenstone will acquire 1 million units of In…



COMMENTARY — Communication is key

The author is a senior geologist at Watts Griffis & McOuat and has written the following article at the request of Keep Mining in Canada, a grassroots campaign designed to increase awareness of the im…


NAR plans work in Zimbabwe

Over the next few years, NAR Resources (nrl-m) plans to spend US$2 million exploring greenstone belts considered prospective for volcanogenic massive sulphide deposits in Zimbabwe.The land package was…


DIAMOND PAGE — Cypango arranges placement

Cypango Ventures (cav-v) has arranged a brokered private placement of up to 5 million special warrants at a price of 40 cents per warrant.Each special warrant will be exchangeable into one common shar…


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