METAL PRICES — Daily Metal Prices (May 19, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateMay 13May 12May 9May 8May 7…
Articles by Northern Miner Staff
Denison records first-quarter profit
Uranium and oil producer Denison Mines (DEN-T) earned $7.6 million (or 2 cents per share) on revenue of $20.4 million for the quarter ended March 1, compared with $3.2 million (1 cents per share) on $…
PEOPLE — PACIFIC RIM (May 19, 1997)
Thomas Shrake appointed chief executive officer.
PEOPLE — ORO BELLE — James Kelly and Michael Halvorson appointed directors.
Inter-Rock boosts reserves at Daisy mine
Successful bio-oxidation testwork on sulphide mineralization at the open-pit Daisy mine in Beatty, Nev., has enabled Toronto-based Inter-Rock Gold (IRO-T) to increase its reserve estimate for the proj…
Fairstar hits gold
Exploration at the Benso concession in Ghana has led to the discovery of a new gold zone, reports Fairstar Explorations (FFR-T).Following completion of an initial, 15-hole diamond drilling program, Fa…
PEOPLE — NEW BULLET
Stewart Behune, James MacIntyre and Jeffrey Lightfoot elected directors.
PEOPLE — MINESTAR
Daniel Lescamela appointed president and chief executive officer; Jon Stewart appointed chief operating officer; and J. McBride appointed director.
Verena Minerals intersects gold in Brazil
Toronto-based Verena Minerals (VMCO-C) has drilled several gold intersections on its Porto Nacional property in central Brazil’s Tocantins state.This first phase of drilling concentrated on areas prev…
PEOPLE — MADISON ENTERPRISES (May 19, 1997)
Catherine McLeod-Seltzer and James Stewart appointed directors.
PEOPLE — IRIANA
Piet Yap, Timothy Yap, Peter Guest, D. Johnson, Anton Bruinier and Ronald Shon elected directors.
LME Warehouse Levels (May 19, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 13/97 (change from previous week in brackets):Aluminium769,425(-23,200)Copper149,300(+375)Lead116,700(+2,750)Nickel50,80…