PEOPLE — GOLDCORP (October 20, 1997)
Rolando Francisco appointed president and COO
1997
PEOPLE — BANFF RES
David Constable appointed vp of investor relations.
High Sense buys Aerodat
Toronto-based airborne geophysical surveyor High Sense Geophysics (HSG) has acquired Aerodat, a subsidiary of Bell Earth Sciences (BES).BES will be required to buy all shares issued by HSG in exchange…
DIAMOND NEWS ROUNDUP — Mining halted at UR’s Mbala
Mining operations have been suspended at the Mbala alluvial diamond project in the Central African Republic.According to operator United Reef (URP-T), the mine is closed pending a review of the result…
DIAMOND NEWS ROUNCUP — Botswana eyes Angolan ground
An agreement between an national firm and Botswana Diamondfields (BWD-V) sets the stage for that company to secure rights to a large diamond concession in the Lunda Norte region of Angola.The concessi…
High River Gold moves to feasibility stage in southern Siberia
Siberia is not the easiest place to build and operate a mine, but Toronto-based High River Gold (HRG-T) is seeking to become a major player in that region’s gold industry.A partner in the Russian comp…
Producer and Dealer Prices (October 20, 1997)
Aluminium: LME settlements US$1,633 per tonne(Oct. 14/97).Antimony: Composite free market, US$1,935 per tonne (Oct. 14/97).Bismuth: Composite free market US$3.40 per lb. (Sept. 30/97).Cadmium: Composi…
GREATEST VALUE TRADED, Oct. 8-14
ExchgValue ($000s)HighLowCloseChangeBarrick GoldT…
Metal Prices — Daily Metal Prices (October 20, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateOct. 14Oct. 13Oct. 10Oct. 9Oc…
TORONTO STOCK EXCHANGE (October 20, 1997)
1997Oct.14Oct.13Oct.10Oct.9Oct.8HighLowComposite…
STOCK MARKET — TSE hits another record high as gold majors rally — Precious and base metal prices remain lacklustre
The Toronto Stock Exchange continued to perform at an impressive pace during the report period of Oct. 8 to Oct. 14, with the TSE 300 composite index closing at 7168.77, a drop of 41.16 points, or 0.6…
GOLD FUNDS (October 20, 1997)
Gold Funds as of October 9, 1997BGRCentralNet Value$18.38$5.98Price$13.65…