For the last nine months of 1996, Viceroy Resource (VOY-T) suffered a loss of $39.2 million, or 80 cents per share.The loss stemmed from a $39.6-Million adjustment in the carrying value of the company…
The Toronto Stock Exchange 300 composite index took a nose-dive during the report period ended April 16, dropping 77.46 points (or 1.3%) to 5,743.55.However, a jump of 64.22 points in trading on April…
Caledonia Mining (CAL-T) has optioned half of its wholly owned Kikerk diamond property to Portree.To earn a half interest, Portree has agreed to spend $1 million exploring the property, which is in th…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateApr. 15Apr. 14Apr. 11Apr. 10A…
Your recent editorial, “The Bitter Taste of Humble Pie” (T.N.M., April 14/97), was far more contrite than present circumstances warrant. A bad situation has been made far worse, not by the more constr…
During my 16 years in Timmins, Ont., I seemed to be involved with mine cars on a continual basis.Redesigning the cars at the Paymaster gold mine presented the biggest challenge I faced while working i…
Epithermal gold deposits, which contribute significantly to the world’s gold supply, are an important exploration target which must be evaluated carefully based on the amount of metal they might provi…
Drilling on the Dogpaw Lake property in northwestern Ontario has enabled Houston Lake Mining (HLM-A) to more than double the known strike length of gold mineralization.Houston Lake holds an option to …
Having arranged a multi-Million-dollar loan, Southern Peru Copper (PCU-N) is embarking on a program aimed at expanding and modifying its operations.The first stage in the project calls for expansion o…
The coastal plain of North Carolina is giving up a few of its secrets now that Digger Resources (DIG-V) has begun core drilling at the Copperhead gold project.Since 1996, when drilling began, Digger h…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateApril 8April 7April 4April 3A…
Junior Ecstall Mining (EAM-V) has entered into the Alberta diamond rush by staking 1.4 million acres of prospective ground in the south-Central part of the province.The Vancouver-based company intends…
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