A drop in both head grade and realized gold prices pushed Aurizon Mines (ARZ-T) into the red for fiscal 1997, despite the company’s record gold production of 39,668 oz.For the year ended Dec. 31, 1997…
Reward Mining (REW-V) has changed its name to Riverdance Resources (RVD-V).
Short positions outstanding at March 31, 1998Larger individual positions include:Abitibi-Consolidated 737,173, down 1,036,079; Barrick Gold 14,765,318, up 565,339; Battle Mountain Canada 2,446,763, up…
Wednesday, April 8, 1998Price (US)Week’s ChangeGold*$309.75+ $8.15Silver*$ 6.46…
Settlement prices for London Metal Exchange three-month contracts and spot metal, Apr. 7/98 (US$ per tonne):MetalCash Price3-Month Price…
Valerie Gold Resources (VLG-V) reports that recent drilling on a promising soil geochemical gold-silver anomaly at the Mamatla concession in south-central Mexico returned anomalous mineralization.Unde…
Low gold prices have forced Canyon Resources (CAU-X) to seek a joint-venture partner for the McDonald gold project in Montana, says President Richard De Voto.After gaining sole ownership of the projec…
As part of its preproduction phase, ECU Gold Mining (ECU-M) has begun processing ore at its Velardena gold and silver mine in Mexico.The mill is treating an average of 380 tons per day by direct cyani…
Santa Fe Canadian Mining, a subsidiary of Newmont Gold (NGC-N) has climbed back aboard the Springpole gold project of Gold Canyon Resources (GCU-V) after having dropped its original option in 1996.San…
Faced with an influx of runoff water from the surface, the Kidd mining division of Falconbridge (FL-T) has shut down operations below the 2,800-ft.level of the mine complex near Timmins, Ont.The shutd…
Aber ResourcesAfcan MiningAlto MineralsAmblin ResourcesAMT Intern’l MiningAnglo AmericanApex Silver MinesArmada GoldAteba MinesBanro ResourcesBarrick GoldBattle Mountain GoldBlack Hawk MiningBlue Dese…
The Vancouver Stock Exchange composite index gained 14.83 points, or 2.4%, to close at 626.95 over the report period ended March 31. The mining index also closed on a positive note, adding 5.98 points…
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