PEOPLE — CHANDELEUR BAY (June 30, 1997)
William McKee appointed president and director; Michael Skopos, Ronald Howard, William Moss, Daniel Koyich, Wayne Stromme and G. March appointed directors.
1997
Uzbekistani gov’t sells huge stake in Almalyk — Increased production and leaner operations are expected
The government of Uzbekistan plans to sell a 40% stake in the Almalyk mining and metallurgical plant, one of the largest copper producers of the former U.S.S.R.The plant produced 100,000 tonnes of cop…
PEOPLE — BRANDON (June 30, 1997)
Enrique Miranda-Paz appointed director.
PEOPLE — ABADDON
David Duval appointed director.
Canyon Resources recognized for mine site reclamation work
The U.S. government has awarded Canyon Resources the Health and Land award for its reclamation efforts at the Kendall open-pit gold mine site in central Montana.The work resulted in the reintroduction…
Inco to sell alloys division in deal worth over US$400 million
In a US$410-Million deal with Blackstone Capital, a merchant banking firm based in New York City, Inco will sell off its alloys division.The nickel giant intends to sell Inco Alloys International (IAI…
World demand for gold higher than in past years — Developing markets account for much of rise
Gold demand for the first three months of the year was 17% higher than in the same period in 1996, according to a survey conducted by the World Gold Council.The record figures were bolstered by demand…
DIAMOND PAGE — SouthernEra analyzes Klipspringer blow — Marsfontein deal with Randgold
revisedA pipe-like enlargement, or blow, along the Sugarbird fissure, which forms part of the Klipspringer project in South Africa’s Northern Transvaal province, is estimated to contain 90,000 tonnes …
Tenke holds significant potential
Five of seven holes drilled at the Tenke Fungurume copper-Cobalt project in the Democratic Republic of Congo confirm the property’s potential for additional copper-Cobalt mineralization, Tenke Mining …
Catalina begins drilling at Pilar
A 1,700-Metre program of reverse-Circulation drilling has begun on Santa Catalina Mining’s (SLM-V) 2,372-ha Pilar project in northwestern Mexico.Situated in Sonora state, the project comprises four go…
BASE METALS — Search continues for more Labrador nickel — Teck, Falco join thinning field of juniors
Although the rumble of helicopters and diamond drills will once again be heard over Voisey’s Bay, Labrador, the ranks of junior companies exploring in the region are thinning.Only a handful of compani…
BASE METALS — Exploration proves up VMS potential of Finlayson Lake camp — Juniors flock to southeastern Yukon
The potential of the Finlayson Lake area in the southeastern Yukon to host volcanogenic massive sulphide deposits was first demonstrated by two discoveries: the ABM deposit, outlined in 1994 by Cominc…