METAL PRICES — Daily Metal Prices (September 08, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateSept. 2Sept. 1Aug. 29Aug. 28A…
News
SPOT PRICES (September 08, 1997)
Wednesday, September 3, 1997Price (US)Week’s ChangeGold*$322.00- $3.30Silver*$ 4.6…
DIAMOND PAGE — SouthernEra orders DMS plant
SouthernEra Resources (SUF-T) has placed an order for a modular dense media separation (DMS) plant, which will be commissioned early next year at its Klipspringer diamond project in South Africa.The p…
EDITORIAL — Business, labor have bridges to build — Forging alliances
Glen Clark, premier of British Columbia, has realized something that completely escaped his predecessor, Michael Harcourt — namely that labor and business can work together to fight policies that wil…
DIAMOND PAGE — Redaurum settles Kelsey Lake dispute
A property ownership dispute between Redaurum (RRK-T) and a railway company has been settled.The agreement-in-principle is intended to settle the claim made by Union Pacific relating to ownership of m…
BOOK REVIEW — Atlas offers aid for young core logger
.BReviewed By James WhyteAtlas of AlterationBy Anne Thompson and John Thompson, editors$55Special Publication No. 6 of the Mineral Deposits Division,Geological Association of CanadaIt is a time-honore…
DIAMOND PAGE — Pure Gold, Cayo plan merger
Two substantial landholders in the Alberta diamond play, Pure Gold Resources (PUG-T) and Cayo Resources (CAYO-C), have agreed to pool their interests.The proposed merger calls for Pure Gold shareholde…
TSE INDICES (September 08, 1997)
1997Sept 2Sept 1Aug 29Aug 28Aug 27HighLowComposit…
Drilling tests for nickel in Yukon
A 20-hole drill program comprising 2,500 ft. will test a deposit of nickel mineralization for potential minable thicknesses at the Taiga project, 95 km northeast of Dawson City, Y.T.The project consis…
Kinross Gold takes writedown — US$24-m charge wipes out operating profit
An after-shock from the Macassa rock burst in April has registered on the books at Kinross Gold (K-T).Although production has resumed on the upper levels of the mine, situated east of Kirkland Lake, O…
Noble Peak finds new zones
Noble Peak Resources (NPK-A) has discovered two new zones of gold mineralization during a drill program that tested an area north of and below the Worcester gold mine in South Africa’s Barberton green…
MOST ACTIVE ISSUES (September 08, 1997)
ExchgVol(000s)CloseDenison MinesT70540.34CrystallexT…