Lime Acres, South Africa — The miner’s instinct to get an obstacle out of the way with a drill and a few sticks of powder is usually a reliable one.But what do you do with an obstacle that is made of…
A syndicate of investment dealers, led by Bunting Warburg, has agreed to purchase 4.75 million shares of Sutton Resources (STT-V) at $10.65 per share, for gross proceeds of $50.6 million.The underwrit…
The Musselwhite mine of Placer Dome and TVX Gold is situated on traditional lands of North Caribou Lake First Nations in a remote area of northern Ontario. Negotiation of the Musselwhite agreement beg…
Trivalence Mining (TMI-T) has completed a second sale of diamonds from its Aredor diamond mining concession, 700 km east of Conakry, Guinea.The company received a tender price of US$1.36 million for 2…
Kit Resources (KIT-T) has received a new resource estimate for its George Lake gold project near Bathurst Inlet, N.W.T.California-based engineering group Mineral Resources Development (MRDI) has pegge…
The Toronto Stock Exchange 300 composite index hit record numbers once again, ending the report period of March 25-31 at 7,551.23, for a gain of 7.27 points from the previous week.The week was stimula…
ExchgVolume($000s)Close.ZSBarrick GoldT1210930.70Placer Dome…
A joint-venture agreement has set the stage for three junior companies to explore a combined land package in Leclaire Twp., about 50 km northwest of Wawa, Ont.Challenger Minerals (CGJ-V) has agreed to…
Vancouver-based junior Blue Desert Mining (BDE-A) continues to outline a copper deposit at its Enero property in central Chile, 150 km north of Santiago.Geophysical work on the newly discovered Mulas …
The use of silver by the photographic industry increased nearly 3% to 232.7 million oz. worldwide in 1997.The increased use of silver by the industry in 1997 evolved primarily from increased demand fo…
A new technique used to determine the age of sedimentary rocks could refine the geological time scale and provide new insight into global sea-level variations, according to a recent study.A team of re…
Aluminium: LME settlements US$1,432, alloy US$1,275 per tonne (Mar. 24/98).Antimony: Representative mid-market US$1,600 per tonne (Mar. 24/98).Bismuth: Representative mid-market US$4.05 per lb. (Mar. …
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