NEWS IN BRIEF (August 04, 1997)
Mountain View Ventures (MVI-V) has changed its name to Blackrun Ventures (BKV-V) on a 1-New-for-4-old-share basis.
News
Corrections (August 04, 1997)
An article on page 6 of our July 28 issue includes incorrect information regarding the operatorship and funding of the VBE-1 project. The operator of the 1997 exploration program is Columbia Yukon Res…
People — RIO NARCEA
Alberto Lavandeira appointed president and chief operating officer.
People — CRYSTALLEX INT’L
Harry Near appointed director.
People — BHP COPPER
Colin Palethorpe appointed senior vice-president for San Francisco; Roger Higgins appointed senior vice-president for Pacific operations.
Echo Bay takes another loss on chin
Echo Bay Mines (ECO-T) reported a substantial loss for the second quarter of 1997.The Denver-based company lost US$20.7 million during the 3-Month period ended June 30, compared with a loss of US$14.6…
Greatest value traded, July 23-29
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DIAMOND PAGE — Magino envisaged as big low-grade target
Low gold prices closed the Magino mine, 40 km northeast of Wawa, in 1992, and now Golden Goose Resources (GGR-T) is hoping that some new geological thinking may warrant a reopening.Golden Goose, which…
ODDS ‘N’ SODS — That sinking feeling
Back in the 1950s, when we were kids in the northern Ontario mining town of Chaput Hughes, near Kirkland Lake, we spent more time roaming the local woods than we spent at home.We could be found either…
DIAMOND PAGE — Trivalence reports sale of gems
Diamond producer Trivalence Mining (TMI-V) recently completed its third gem sale of 1997, in Conakry, Guinea.A parcel containing 3,034 carats of rough diamonds was sold for US$1.7 million at the avera…
Most active issues, July 23-29
ExchgVol(000s)CloseBarrick GoldT517830.95Inmet MiningT…
Spot Prices (August 04, 1997)
Wednesday, July 30, 1997Price (US)Week’s ChangeGold*$326.40+ $2.05Silver*$ 4.36…