ASIAN EXPLORATION — Freeport fights suit
Freeport McMoRan Copper & Gold (FCX-N) will file motions in U.S. courts that seek to dismiss a US$6-billion lawsuit over alleged human rights abuses near the Grasberg gold mine in Irian Jaya, Indonesi…
Articles by Northern Miner Staff
STOCK MARKETS — Western markets soured by reports of tampering — Diamond hunters, golds stumble; mixed bag for foreign-oriented juniors
Western markets continued to take it on the chin over the report period ended May 20 as reports of sample salting and tampering caused investors to back away from junior gold exploration stocks (see p…
PEOPLE — STELLAR METALS
Darrell Brookstein appointed director.
SPOT PRICES (May 26, 1997)
Wednesday, May 21, 1997Price (US)Week’s ChangeGold*$342.25- $6.75Silver*$ 4.67…
Central Asia proves up Raigorodok resource — Exploration program attempts to define open-pit resource
With seven more holes drilled at the Raigorodok North gold deposit in northern Kazakstan, Central Asia Goldfields (CGZ-M) is nearing completion of a program aimed at confirming and proving up a resour…
Suspension hangs over Cons. Silver Tusk
Trading in Consolidated Silver Tusk Mines (CKS-V) remains halted, more than two months after shares were initially suspended.Trading was stopped after the company issued new, less-impressive assays on…
PEOPLE — SPUR VENTURES (May 26, 1997)
Ernest Cheung appointed director.
PEOPLE — SPIRE VENTURES (May 26, 1997)
George Gorzynski appointed director.
PEOPLE — SIERRA NEVADA
John Paterson and W. Zinn appointed directors.
PEOPLE — SEAHAWK
Bernard Poznanski appointed director.
PEOPLE — REDEX GOLD
Charles Bruce appointed chairman and Lawrence Page appointed president.
AMF, Gecamines continue partnership
The presence of Laurent Kabila’s forces has brought stability to this mineral-rich portion of Central Africa. It also has brought hope that better days are ahead for an economically devastated nation …