Bolivar gives green light to Tomi gold project
Toronto-based Bolivar Goldfields (BVG-T) has retained the services of an independent financial company to raise funds for the development of its Tomi gold deposit in Venezuela’s Callao district.A feas…
News
PEOPLE — COROMANDEL (February 10, 1997)
Lawrence Roulston appointed vice-president of finance and administration.
PEOPLE — CONSIL
Ralph Noyes elected president; Cheryl Maher appointed vice-president of finance and controller.
Third of workforce laid off at Detour Lake
Placer Dome (PDG-T) has laid off almost a third of the workforce at its Detour Lake gold mine in northeastern Ontario.The layoffs — part of a plan to reduce production costs — will affect 103 of 347…
Abacus tallies resource at Niblack project
Abacus Minerals (AMC-V) has calculated a drill-indicated resource for the Lookout zone of its Niblack volcanogenic massive sulphide project in southeastern Alaska.The resource stands at 1.8 million to…
GUEST COLUMN — Placer gold mining thrives
America has a lot of flakes, especially of the gold variety. The country also holds its share of gold nuggets and dust, and, each year, prospectors and miners search for these forms of the yellow meta…
Drilling program enhances Zappa’s Plata property in Ecuador
Drilling has enabled Zappa Resources (ZPA-V) to extend the favorable massive sulphide lens at the Ecuadorean concession known as La Plata, where Cambior (CBJ-T) is carrying out an exploration program….
PEOPLE — BLUE RIBBON (February 10, 1997)
Gordon Keevil and Doug Williamson appointed directors.
PEOPLE — BARRICK
John Carrington appointed president, director and chief operating officer.
PEOPLE — ABER
Eira Thomas appointed vice-president of exploration; Alan Bayless appointed vice-president of investor relations.
LME WAREHOUSE LEVELS (February 10, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Feb.3/97 (change from previous week in brackets):Aluminium938,475(-18,250)Copper200,500(+34,850)Lead111,425(-2,300)Nickel47,…
THE DIAMOND PAGE — Sable kimberlite pipe replaces Leslie at diamond project in N.W.T.
At the NWT Diamonds project near Lac de Gras, the richer Sable pipe has replaced the Leslie pipe as a target of mining.A 1,096-tonne sample from the Sable pipe returned 1,070.3 carats, for a grade of …