Sulliden explores near Nugget Pond
Sulliden Exploration (SUE-M) has begun the second phase of exploration at its Red Cliff Pond-Long Pond project on Newfoundland’s Baie Verte Peninsula.The project area is adjacent to the recently opene…
Articles by Northern Miner Staff
INSIDER TRADING — Sutton insiders find spring a good time to sell
Senior officers of Sutton Resources (STT-V) were active in the market in March and April of 1997, according to the Ontario Securities Commission.James Sinclair, director, exercised 130,000 options at …
Legislation aids mining ventures
Mongolia’s resource sector is expected to benefit from a series of amendments to the country’s investment laws.The legislation was enacted following an international investors conference sponsored joi…
PEOPLE — EMPEROR GOLD (July 14, 1997)
James Askew appointed president and chief executive officer.
GREATEST VALUE TRADED (July 14, 1997)
ExchgValue($000s)HighLowCloseChangeBarrick GoldT2…
DIAMOND NEWS ROUNDUP — United Reef plans to market more diamonds
In June, a newly commissioned recovery plant at the MBala project in the Central African Republic enabled United Reef (URP-T) to recover 486.48 carats of diamonds from the processing of 7,907 tonnes o…
SPOT PRICES (July 14, 1997)
Wednesday, July 9, 1997Price (US)Week’s ChangeGold*$315.75- $15.70Silver*$ 4.28…
MOST ACTIVE ISSUES, JUNE 25-JULY 1
ExchgVol(000s)CloseBarrick GoldT497930.05Placer DomeT…
Gold Funds (July 07, 1997)
Gold Funds as of June 26, 1997BGRCentralNet Value$19.49$5.83Price$15.15$5…
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…
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…
Toronto Stock Exchange Indices (July 07, 1997)
1997July 1June 30June 27June 26June 25HighLowComp…