PEOPLE — ABER
Eira Thomas appointed vice-president of exploration; Alan Bayless appointed vice-president of investor relations.
News
LME WAREHOUSE LEVELS (February 10, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Feb.3/97 (change from previous week in brackets):Aluminium938,475(-18,250)Copper200,500(+34,850)Lead111,425(-2,300)Nickel47,…
PEOPLE — DRAGOON
Cynthia Avelino, Walter Clemens, William Daly, Harry Hopmeyer, Michael Magrum and John Milligan appointed directors.
PEOPLE — COLUMBIA GOLD
Peter Grandich appointed vice-president of corporate strategy.
PEOPLE — CANARC (February 10, 1997)
Pierre Masse appointed vice-president of finance and chief financial officer.
GOLD FUNDS (February 10, 1997)
Gold Funds as of January 30, 1997BGRCentralTNet Value$21.80$5.89Price$17.85$5.450Discount18.14%7.5%Value$162,026,000$98,641,185…
MOST ACTIVE ISSUES, Jan. 29-Feb. 4
ExchgVol(000s)ClosePure Gld ResT545980.42Placer DomeT…
TORONTO STOCK EXCHANGE INDICES (February 10, 1997)
1997Feb 4Feb 3Jan 31Jan 30Jan 29HighLowComposite”…
Union Pacific lays claim to diamond mine
Diamond miner Redaurum (RRK-T) says it intends to “strenuously defend” title to its Kelsey Lake mine, 45 miles west of Fort Collins, Colo., near the Wyoming border.The company’s rights to the new diam…
Kennecott drilling at Candle Lake property
Drilling at the Candle Lake property near Prince Albert, Sask., is under way in an effort aimed at collecting 45 tonnes of kimberlite.The project is a joint venture involving War Eagle Mining (WEM-V),…
PRODUCER PRICES (February 10, 1997)
ALUMINIUM: LME settlements US$1,594 per tonne, alloy $1,507 per tonne (Feb.4/97).ANTIMONY: Composite free market, US$2,400 per tonne (Feb. 4/97).BISMUTH: Composite free market US$3.15 per lb. (Feb. 4/…
Oro Belle explores gold potential of Flechas property in Argentina
Exploration by Oro Belle Resources (ORS-V) is proving up the potential of the Flechas gold property in Argentina.Samples from 11 trenches assayed up to 7 grams per tonne, which is consistant with surf…