METAL PRICES — Daily Metal Prices (October 06, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateSept. 30Sept. 29Sept. 26Sept. 25…
1997
SPOT PRICES (October 06, 1997)
Wednesday, October 1, 1997Price (US)Week’s Change.ZSGold*$336.80+ $14.80Silver*$5.
Sutton to speed up Bulyanhulu
A special warrant financing has raised $30.7 million in gross proceeds for Sutton Resources (STT-V).About 2.4 million special warrants at $12.80 each were issued to a number of institutions. Each spec…
Abacus explores u.g. potential at Niblack
Abacus Minerals (AMS-V) is investigating the feasibility of underground exploration at the Niblack volcanogenic massive sulphide project in southeastern Alaska.The junior recently released assay resul…
Back Lake sample yields more diamonds
Further sampling near the Yuri kimberlite discovery at the Back Lake project in the Northwest Territories has returned five macrodiamonds (measuring greater than 0.55 mm in one dimension) and two micr…
PEOPLE – MONARCH
Lester Knight appointed vp of finance.
PEOPLE – MOLYCOR
David Madill elected director and John Fisher appointed CEO.
Tan Range cuts gold in central Tanzania
Tan Range Exploration (TNX-A) has hit long gold intersections at its Itetemia property in central Tanzania.An 8-hole, diamond-drill program tested a 200-metre section of the stratabound Golden Horsesh…
Great Central considers options Down Under
An attempt by Great Central Mines (GTCMY-Q) to shore up holdings in the Yandal and Wiluna mineral belts of Western Australia is faltering as the closing date for the proposed transaction approaches.In…
GLOBAL SEARCH FOR DIAMONDS — DiamondWorks markets Angolan diamonds
Diamonds from Angola are reputed to be among the most beautiful and valuable in the world. The African nation is the fourth-largest producer of diamonds and ranks second in terms of value per carat, f…
PEOPLE – NICKELODEON
Terry Tucker appointed president and CEO.
PEOPLE -MADISON
Catherine McLeod-Seltzer and James Stewart elected directors.