Gold output rises for Glamis
In the first quarter, operations at the Rand and Picacho mines in California enabled Glamis Gold (GLG-T) to boost gold production by 34% over levels achieved in the same period of 1996.The company cra…
News
PEOPLE — ZEN INT’L
Randall Yip appointed vice-president of finance.
PEOPLE — TULLAREE (May 26, 1997)
Joseph VanBastelaar appointed chairman and chief executive officer; Judith Robinson appointed director.
PEOPLE — TEXAS T (May 26, 1997)
W. Cooper appointed vice-president of corporate finance.
PEOPLE — TERYL RES.
Renlu Wang appointed vice-president of mining prospects for Asia.
PEOPLE — TAKURA
Michael Woods appointed director.
NEWS BRIEF (May 26, 1997)
American Wollastonite Mining (AMW-V) has changed its name to Previa Resources (PIA-V) on a 1-New-for-6.7-old-share basis.
Exall takes writedown
Management of Exall Resources (EXL-T) is taking a $7-Million writedown of two non-performing assets; the Mazaruni alluvial diamond project in Brazil and the Santo Tomas copper-gold project in Mexico.E…
B.C. mining shrouded in uncertainty: study
British Columbia’s mining industry had another profitable year in 1996, though its future may be in jeopardy, according to a study by Price Waterhouse.While the industry recorded a profit for the thir…
TORONTO STOCK EXCHANGE INDICES (May 26, 1997)
1997May 20May 19May 16May 15May 14HighLowComposit…
Flooding hampers development at Caribou
An inflow of water has temporarily halted development work at the Caribou polymetallic mine in New Brunswick.Breakwater Resources (BWR-T) reports that water entered the former producer from a nearby o…
METAL PRICES — Daily Metal Prices (May 26, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateMay 20May 19May 16May 15May 1…