Correction (May 12, 1997)
The Koma Bangou gold property of Etruscan Enterprises (EET-V) is in Niger — not Mali, as reported in our March 17 issue.
News
PEOPLE — NEBEX (May 12, 1997)
Eugene Setka appointed director and elected chairman.
PEOPLE — METALLICA (May 12, 1997)
Brad Blacketor appointed chief financial officer.
PEOPLE — IVANHOE CAPITAL
Jonathan Challis appointed senior vice-president.
PEOPLE — CURION VENTURE
Bruno Mosimann appointed vice-president.
PEOPLE — CONS. SILVER TUSK (May 12, 1997)
Alan Smith appointed director.
LME WHSE LEVELS (May 12, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 5/97 (change from previous week in brackets):Aluminium792,625(-9,475)Copper148,925(+7,850)Lead113,950(-550)Nickel50,316…
GOLD FUNDS (May 12, 1997)
Gold Funds as of May 1, 1997BGRCentralNet Value$20.87$5.83Price$15.50$5.7…
Falsification and misrepresentation taint Bre-X
The only gold at the Busang property in Kalimantan, Indonesia, was the gold someone put there.With that conclusion, a technical audit on the exploration program at Busang administered the coup de grce…
PEOPLE — BROOKS
Michael Heenan appointed director.
Excellon drills in Mexico
A 2,000-Metre program of reverse-circulation drilling is under way at the Centauro property in Mexico’s Chihuahua state.Operator Excellon Resources (EXN-V) can earn a 65% interest in the concession fr…
Junior options Soquem ground
Privately held McKenzie Bay Resources, based in Brighton, Mich., has reached an option agreement with Quebec government-owned Soquem to develop the eastern portion of the Dor Lake vanadium and titaniu…