GEOLOGY 101 — Paleoplacer gold deposits, Pt. 2
.BDerek WiltonPaleoplacer gold and uranium deposits are generally mined as underground operations, as the hard-rock host material is usually deep beneath the earth’s surface.The gold mines in South Af…
News
LME WAREHOUSE LEVELS (January 19, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.13/98 (change from Jan. 6 in brackets):MetalStocks(tonnes)Change…
GOLD FUNDS (January 19, 1998)
Gold Funds as of January 8, 1998BGRCentralNet Value$14.47$6.10Price$10.50…
COMMENTARY — Frustrating year for BC miners
.BGary LivingstoneFrom a mining perspective, the year past in British Columbia can be best described as “disappointing.” Although 1997 began with strong metals prices and the opening of two new mines,…
PEOPLE — WAR EAGLE (January 19, 1998)
David B. Hackman appointed director.
PEOPLE — STERLING PACIFIC (January 19, 1998)
Douglas A. Blackman appointed corporate secretary.
PEOPLE — OLIVER GOLD (January 19, 1998)
Patrick Downey elected director.
PEOPLE — GOLDEN STAR (January 19, 1998)
Pierre Gousseland elected chairman.
SPOT PRICES (January 19, 1998)
Wednesday, January 14, 1998Price (US)Week’s ChangeGold*$285.90+ $3.80Silver*$ 5.70…
Teuton and Minvita acquire Mexican ground
Sister companies Teuton Resources (TUO-V) and Minvita Enterprises (MVE-V) have staked concessions covering 119,000 ha in Mexico’s Zacatecas state.The staking was prompted by the recent massive sulphid…
Millstream cuts copper and zinc
Toronto-based junior Millstream Mines (MLSM-C) has intersected several copper-zinc sulphide zones 100 metres below the lowest producing level at its Potter property in Munro Twp., 80 km east of Timmin…
DIAMOND PAGE — Drilling to begin at Tandem’s ruby-diamond project
An 11,000-ft. diamond-drilling program is set to begin at Tandem Resources’ (TDM-T) unusual ruby-diamond discovery in Guibord Twp., situated east of Matheson, Ont.On the G-1 discovery pipe, a 20-ton s…