PEOPLE — Adamos
Michael Dearden appointed director.
News
Lyon Lake finances Cerro Crucitas
Junior Lyon Lake Mines (LLL-V) has raised $1.3 million through a private placement of 4.2 million units priced at 32 cents each.A unit consists of one share and a half non-transferable share purchase …
EDITORIAL & OPINION — NEW HORIZONS — A computer chip for what ails you
Scientists at the Massachusetts Institute of Technology have developed a microchip that can store and release drugs inside the body. The device relies on a gold cap that dissolves when a small current…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — UK gold sales scuttle month-long rally
Britain’s central bankers added to gold’s woes during the May 5-11 report period by announcing that they would sell 125 tonnes (4 million oz.) of the country’s 715-tonne gold stockpile during fiscal 1…
GREATEST VALUE TRADED, May 5-11, 1999
ExchgVal($000s)HighLowCloseChangeBarrick GoldT516…
Winspear spins off exploration assets
Shareholders of Winspear Resources (WSP-V) have overwhelmingly approved plans to spin off all of the company’s early-stage exploration assets into a new company called Diamondex Resources. Winspear wi…
Index (May 17, 1999)
CareersClassifiedDiamond PageDividendsDrillersEditorialInsider TradingLetter to the EditorMarket PlaceMetal PricesNew HorizonsOdds’n’SodsPeopleProfessional DirectoyQueryStock MarketSub…
LETTER TO THE EDITOR — Ontario, how does your garden grow?
Election time is when promises are a dime a dozen and politicians dangle the proverbial carrot to attract as many voters as they can on the promise of a free snack. Prior to nibbling, one should look …
LME WHSE LEVELS (May 17, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 11/99 (change from May 4 in brackets):MetalStocks(tonnes)Change…
GOLD FUNDS (May 17, 1999)
Gold Funds as of May 6, 1999BGRCentralNet Value$15.185.81Price$10.10$5.50…
SPOT PRICES (May 17, 1999)
Precious MetalsPrice (US)ChangeGold$278.00-$7.50Silver$ 5.40+$0.10…
Gammon takes bulk sample
With results in hand from a bulk-sampling program, Gammon Lake Resources (GAML-C) is gearing up for a 1,000-metre drilling program at its Brenda mine property in Mexico’s Chihuahua state.Earlier this …