PEOPLE — BOOKER GOLD (June 09, 1997)
William Deeks appointed director.
News
PEOPLE — BEHRE DOLBEAR (CANADA)
Derek Rance appointed president and chief executive officer.
Lyon Lake drills Costa Rican play
Lyon Lake Mines (LLL-M) has wrapped up a 5,000-Metre reverse-circulation drill program on its Beta Vargas gold property, 150 km northwest of San Jose, Costa Rica.The program consisted of two phases. T…
STOCK MARKETS — Resources drop on TSE as election pushes dollar higher — Base metals, golds off in quiet market, platinum group metals show strength
Merchandising, communications and consumer products showed strength on the Toronto Stock Exchange, though the resource industries were all lower during the report period ended June 3. The TSE 300 comp…
DIAMOND PAGE — Cypango Ventures recovers Yamba Lake diamonds
A series of sample batches from the newly discovered T-10 kimberlite in the central portion of the Yamba Lake property in the Northwest Territories yielded six macrodiamonds (exceeding 0.5 mm in at le…
Afema production cramps — Eden Roc’s first-quarter results
Citing weak gold prices and lower gold production at the Afema heap-leach gold mine in Ivory Coast, Toronto-based Eden Roc Mineral (EDN-T) reports a $1.7-Million loss (or 3.6 cents per share) for the …
MOST ACTIVE ISSUES, May 28-June 3
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EDITORIAL AND OPINION — The best defence is a strong offence — Teflon `victims’
After the Bre-X Minerals salting scandal was exposed, mining professionals worried aloud that they might be tarred with the same brush and that investors, once-burned, would be twice shy of all compan…
Redaurum, Auridiam settle dispute
Having settled a legal dispute, partners Redaurum (RRK-T) and Auridiam Consolidated plan to increase production at their River Ranch diamond mine in Zimbabwe.In order to settle a dispute related to th…
LETTER TO THE EDITOR — Streamlining works for industry
I feel I must respond to the article “Ontario’s regulatory process a source of frustration for miners,” (T.N.M., May 12/97).The source for this excerpted material was a report entitled “The Economic a…
DIAMOND NEWS ROUNDUP — Tandem finds rubies
Further analyses by Lakefield Research has confirmed the presence of rubies in a kimberlite pipe discovered by Tandem Resources (TDM-T) in Guibord Twp.in northern Ontario.The company previously report…
Refugio mine adds fuel to Bema’s quarter
Operations at its 50%-owned Refugio gold mine in central Chile contributed to first-quarter earnings of US$198,000 for Bema Gold (BGO-T), compared with US$514,000 for the same period in 1996.Refugio p…