PEOPLE — IMP
Alexander Cox appointed president and chief executive officer; and Paul Schiller appointed chairman.
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PEOPLE — MOUNTAIN LAKE
J. Ritchie appointed director.
COMMENTARY — Reserve and resource estimation, Part 1
In the wake of the Bre-X Minerals affair (as well as similar events in the past), it is more important than ever that investors ask certain questions of mining promoters and companies.Two of the main …
Results add lustre to BHP gold project
Four gold prospects in the Hope Bay volcanic belt of the Northwest Territories could amount to “a potentially minable resource” for Australian major Broken Hill Proprietary (BHP-N).BHP made the announ…
Etruscan reports new discovery at Tiawa
Etruscan Enterprises (EET-T) has discovered a new source of gold mineralization on the Tiawa concession in Niger, West Africa.The junior discovered the Boulon Djounga West zone while trenching a coinc…
Prime to explore Kenrich’s Corey claims
The success of the Eskay Creek gold-silver mine, north of Stewart, B.C., has prompted operator Prime Resources Group (PRU-T) to option a nearby property considered to have potential to host similar de…
Producer and Dealer Prices (July 07, 1997)
Aluminium: LME settlements US$1,575 per tonne, alloy $1,416 per tonne (July 1/97).Antimony: Composite free market, US$2,050 per tonne (July 1/97).Bismuth: Composite free market US$3.90 per lb. (June 2…
SPOT PRICES (July 07, 1997)
Wednesday, July 2, 1997Price (US)Week’s ChangeGold*$331.45- $7.25Silver*$ 4.65…
Drill results reported from Banyumas
Partners Mango Resources (MRH-V) and Hyder Gold (HGI-V) have released results from a diamond drill program at the Banyumas property in central Java, Indonesia.Comprising 29,620 ha, the property lies 3…
Toronto Stock Exchange Indices (July 07, 1997)
1997July 1June 30June 27June 26June 25HighLowComp…
Timmins-Area gold resources grow — Geophysical results keep St Andrew hopeful at Hislop
Exploration crews are out in force along the Destor-Porcupine Break, near Timmins, Ont., pleasing the blackflies and the gold bugs in equal measure.* Pentland Firth Ventures (PFO-T) has a new resource…
LME Warehouse Levels (July 07, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 30/97 (change from previous week in brackets):Aluminium670850(-12425)Copper128325(+6075)Lead116500(+550)Nickel52284(-2…