Mt. Polley mine enters commercial production
Though not yet completely commissioned, the Mt. Polley mine near Williams Lake, B.C., has officially opened.Imperial Metals (IPM-T) is operating the project, in which it owns a 55% interest. The remai…
News
TSE SHORT POSITIONS (September 22, 1997)
Short positions outstanding at August 31, 1997Larger individual positions include: Armada Gold 114,900, up 114,900; Aur Resources 331,050, up 330,250; Barrick Gold 10,977,077, up 256,010; Bema Gold 4,…
METAL PRICES — Daily Metal Prices (September 22, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateSept 16Sept 15Sept 12Sept 11S…
Monarch sells Venezuelan interests to Bolivar
Choosing to concentrate on its Mexican projects, Monarch Resources (MRE-T) has reached an agreement to sell its Venezuelan properties to Bolivar Goldfields (BVG-T).Bolivar will take over the mine know…
Pangea uncovers gold mineralization in Tanzania
Partners Pangea Goldfields (PGD-T) and Explorations Minires du Nord (MDN-M) have discovered significant gold mineralization on the Kanegele block in the Lake Victoria Goldfields district of Tanzania.A…
NEWS IN BRIEF (September 15, 1997)
Takura Minerals (TKM-V) has changed its name to Consolidated African Mining (AFC-V) on a 1-new-for-2-old-share basis.
PEOPLE — FORAN
David Mason appointed director.
PEOPLE — ELECTRA ENERGY (September 15, 1997)
Paul Watson appointed president and director.
PEOPLE — DIANOR
Philippe Giaro appointed VP of exploration.
GOLD FUNDS as of September 4, 1997
Gold FundsBGRCentralNet Value$18.27$5.64Price$14.30$5.650…
MINERAL EXPLORATION — Minco explores Tian Shan properties in western China
Minco Mining & Metals (MMM-V) has been using a combination of hi-tech remote sensing and old-fashioned prospecting in its summer grassroots exploration program on its Tian Shan properties in northwest…
PEOPLE — CONT’L COPPER (September 15, 1997)
M. Schorn appointed director.