Correction (January 13, 1997)
Miranda Mining is not yet listed on any stock exchange. Miranda Industries trades in Vancouver under the ticker symbol MAD. Incorrect information appeared in our issue of Dec. 30, 1996.
News
PEOPLE — TENAJON (January 13, 1997)
D.B. McLeod appointed president and chief executive officer; and Donald McLeod appointed chairman.
PEOPLE — THOR EXPL. (January 13, 1997)
Nizar Bharmal appointed director.
PEOPLE — STRATHMORE (January 13, 1997)
Ray Larson appointed director and Dev Randhawa appointed vice-president of finance.
PEOPLE — SRR MERCANTILE (January 13, 1997)
Michael Ross, Ryan Hanson, Souhail Abi Farrage and Glen Macdonald appointed directors.
PEOPLE — SPUR VENTURES (January 13, 1997)
George Plewes appointed director.
Gold Funds (January 13, 1997)
Gold Funds as of January 2, 1997BGRCentralNet Value$22.29$6.13Price$16.20…
Wollastonite demand at record levels
The production of wollastonite has doubled over the past decade, and demand is likely to grow, according to a report released by a London-based firm of mineral market analysts.Roskill Information Serv…
THE DIAMOND PAGE — AfriOre uncovers pipes on Botswanan property
Toronto-based AfriOre (AFO-V) has uncovered three large kimberlite pipes at its 57%-owned Kokong West property in Botswana.The discovery was made while the junior was drill-testing geophysical targets…
THE DIAMOND PAGE — Shore and Rio drill kimberlites at Fort la Corne
At the Fort la Corne property in Saskatchewan, five holes drilled to test geophysical targets have intersected kimberlite.Partners Shore Gold (SGF-A) and Rio Nevada Mines (RN-A) report that caustic-fu…
Gold price continues to tumble
Gold prices dropped to 3-year lows in early January, hitting a London spot price of US$356.60 per oz. on Jan. 8, down $12.80 from Dec. 27, 1996.The tumble comes after spot prices peaked above US$400 p…
LETTER TO THE EDITOR — Interference by Indonesian gov’t reminiscent of NEP
A paragraph in your editorial on Bre-X Resources, Barrick Gold and the Indonesian government, entitled “Hardball or spitball?’ (T.N.M., Dec. 9/96), represents an unbelievable zenith of naivete on your…