PEOPLE — Sand River
George Cavey appointed president and CEO.
News
PEOPLE — Pacific Bay
Guilford Brett appointed president; William Bird appointed vp of exploration.
PEOPLE — Admiral Bay
Thomas Kennedy appointed president and director.
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Metal prices punish producers
The Dow Jones industrial average slid 305.86 points, or 2.8%, during the report period ended May 25, while gold continued eroding and copper resumed its downward trend.Mining issues suffered for the w…
TSE INDICES, May 19 – 25
1999May 25May 24May 21May 20May 19HighLowComposit…
METAL PRICES (May 31, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMay 25May 24May 21May 20…
LME WHSE LEVELS (May 31, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 25/99 (change from May 18 in brackets):MetalStocks(tonnes)Change…
Band-Ore uncovers PGEs
Sampling by Band-Ore Resources (BAN-T) at its recently acquired Nym Lake property has returned respectable platinum and palladium values.Five of six grab samples collected along 200 metres of an intru…
US Congress goes to bat for Crown Jewel
A joint committee of the U.S. House of Representatives and the Senate has overturned a decision by the Departments of the Interior and Agriculture to deny a plan of operations and revoke a record of d…
PRECIOUS METALS — Starfield takes look at Ferguson Lake
Junior Starfield Resources (SRU-A) is preparing to explore its Ferguson Lake platinum-palladium property in the new Canadian territory of Nunavut.Situated 160 km south of Baker Lake, the 23,200-ha pro…
PRECIOUS METALS — Birim continues search for Ghanaian gold
Shallow drilling at the Akrokeri property in Ghana, West Africa, has intersected more near-surface gold mineralization for partners Birim Goldfields (BGI-T) and Australian-based Dominion Mining.The la…
PRECIOUS METALS — OGS discovery sheds light on Stull Lake area
The daily press and the public, who usually yawn through both mining reports and government news releases, pricked up their ears at an announcement that kimberlite indicator minerals had been discover…