Boreal explores Nevada gold property
Quebec-based Boreal Exploration (BOR-M) has signed an agreement with a private company to acquire the Gold Hill gold property in northern Nye Cty., Nev.The 1,200-ha property was the site of small-scal…
News
FACTS ‘N’ FIGURES — Use of photographic silver rises
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…
New dating technique may revise geologic scale — Age test developed by U of T researchers expected to have practical applications
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…
PRODUCER AND DEALER PRICES (March 30, 1998)
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. …
STOCK MARKETS — Rising precious metal prices pull up major gold stocks — Crystallex shares dive on Venezuelan congressman’s remarks
The Toronto Stock Exchange 300 composite index ended the report period of Mar. 18-24 at a record high of 7,551.23, up 110.86 points, or 1.5%, over its March 17 showing.The Canadian dollar fell 13 basi…
Index (March 23, 1998)
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NEWS IN BRIEF (March 23, 1998)
Jersey Goldfields (JRG-V) has changed its name to Jersey Petroleum (JPI-V)
Convention expands despite industry slump — PDAC honors Rebagliati and Keevil at awards ceremony
While the delegates at the 66th annual Prospectors and Developers Association of Canada (PDAC) convention walked with less of a swagger and spoke with less bravado than in 1997, they nonetheless showe…
CORRECTION (March 23, 1998)
Drilling by Battle Mountain Gold (BMG-N) at the El Cairo property in Mexico’s Durango state returned 613 ft. of 0.016 oz. gold and 640 ft. of 0.021 oz. gold. A story in our March 9-16, 1998 issue cont…
PEOPLE – TOTEM
Robert Woodfill, Joseph Montgomery elected directors.
PEOPLE — TKO RES. (March 23, 1998)
Robert Burton appointed president and director. Saverio Loria, Rashid Aziz elected directors.
PEOPLE — PATRICIA GOLD
James Franklin appointed director.