PEOPLE — INT’L CONQUEST
Dilip Deshpande appointed director.
News
PEOPLE — GREYSTAR RES.
Paul Stein appointed director.
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 …
PEOPLE — GUARDIAN ENTERPRISES
Eckhardt Koppen appointed director.
DIAMOND NEWS ROUNDUP — Spider, KWG busy in Brazil
Joint-Venture partners KWG Resources (KWG-T) and Spider Resources (SPQ-A) have recovered lamproite indicator minerals from five samples taken from the Contendas structure in central Brazil.The samples…
PEOPLE — FIRST QUANTUM (June 09, 1997)
Martin Rowley appointed director.
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…
MOST ACTIVE ISSUES, May 28-June 3
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NEVADA — Rayrock explores mine properties
Nevada gold operations have long been a production cornerstone for Rayrock Yellowknife Resources (RAY-T). But with some of those mines running out of ore, the company is planning to step up the pace o…
The amended Mining Law
There has been talk of mining law reform in virtually every U.S. Congress since 1866. The battle over the Mining Law of 1872 in the current Congress is being led by California Democratic Representativ…