SPOT PRICES (July 13, 1998)
Wednesday July 8, 1998Price (US)Week’s ChangeGold*$294.35- $1.40Silver*$ 5.33…
Articles by Northern Miner Staff
Three killed in copter crash
Three people, including High River Gold Mines director Colin Chapman, were killed July 1 when a helicopter caught fire and crashed in southern Siberia.The other 13 passengers were injured, including H…
OBITUARY — Colin Chapman
High River Gold Mines director Colin Chapman has died. He was 55.Chapman was born in Birmingham, England. He earned a B.Sc. in mineral processing from the Royal School of Mines in London in 1965, havi…
GREATEST VALUE TRADED (July 13, 1998)
ExchgVal($000s)HighLowCloseChangeInco LtdT60192…
MINING MARKETS & INVESTMENT NEWS – QUERY — A thriftier Cypango still chasing kimberlites in NWT
I am seeking information on a Northwest Territories diamond exploration company called Cypango Ventures. The company holds a large land position neighboring Dia Met Minerals’ diamond discovery. I am f…
ASIA — Java takes bath in Mongolia
Production at the Gazar placer operation of Java Gold (JVAG-C) in Mongolia got off to a rocky start in 1997, with just 457 oz. gold being produced from the start of operations in June to the end of th…
Avalon continues to reel in Big Whopper
With the benefits of newly exposed outcrop and a clearer geological understanding, Avalon Ventures (AVL-V) is preparing to carry out a bulk-sampling program and a third phase of drilling at its Separa…
Greystar makes progress at Angostura
High in the majestic Andes of northern Colombia, Greystar Resources (GSL-T) is preparing to launch an independent prefeasibility study on an epithermal gold-silver deposit considered amenable to open-…
Amblin intersects deep zone
Drilling by Amblin Resources (AX-A) at the Lyndhurst property, 25 km north of Rouyn-Noranda, Que., has intersected massive sulphide mineralization at a vertical depth of 970 metres.The mineralized zon…
Quebec diamond plant opens
First Canadian Diamond Cutting Works, billed as Canada’s first fully integrated diamond cutting and polishing factory, has opened in Montreal.First Canadian has recruited experienced diamond cutters f…
MINING MARKETS & INVESTMENT NEWS — INSIDER TRADING — Kettle River insiders increase holdings
According to reports by the Ontario Securities Commission (OSC), four insiders of Kettle River Resources (KRR-T) bought shares and were granted options of that company in June and May.Ellen Clements, …
METAL PRICES (July 13, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices in US$ per tonne)DateJuly 7July 6July 3July 2…