PEOPLE — BLUE RIBBON (November 24, 1997)
Douglas Williamson appointed president and CEO.
News
PEOPLE – AGARWAL
Leon Frank Anderson appointed president and director.
DIAMOND PAGE — Spider hits lamproitic rocks near diamond find St. Genevieve Group stablemates Spider Resources (SPQ-A) and KWG Resources (kwg-t) have begun drilling for diamonds in south-central Brazil.
The first drill hole Spider drilled in the Contendas structure on KWG’s Paraniaba project hit 29 metres of what Spider has interpreted to be epiclastic crater-facies sediments in a large lamproitic cr…
STOCK MARKET — Western base metal issues take a beating — Winter blahs come early for composite, mining indices
The Vancouver Stock Exchange composite index stumbled again over the report period ended Nov. 18, dropping 57.24 points, or 7.6%, to close at 694.22. The mining index wasn’t any better off as it slid …
DIAMOND PAGE — Klipdam boosts profit for Sonora
Toronto-based Sonora Diamond (SON-T) saw losses turn to profits this past quarter, as the Klipdam mine ramped up to full production levels.The quarter ended Sept. 30 was the first in which Klipdam, wh…
GOLD FUNDS (November 24, 1997)
Gold Funds as of November 13, 1997 BGRCentralNet Value$16.20$5.73Price$11.95…
GREATEST VALUE TARDED, Nov. 12-18
ExchgValue(000’s)HighLowCloseChange.ZSBarrick GoldT…
MOST ACTIVE ISSUES, Nov. 12-18
ExchgVol(000’s)Close.ZSCobre MngT115845.10Noranda IncT…
Cornucopia suspends mining at Mineral Ridge
Gold mining at Mineral Ridge in Nevada, which got under way less than a year ago, has been temporarily halted by owner Cornucopia Resources (CNP-T).Cornucopia says it is closing the mine for three mon…
TSE Short Positions (November 24, 1997)
Short positions outstanding at October 31, 1997Larger individual positions include: Advanced Material Resources 1,000, down 102,200; Barrick Gold 11,342,879, up 422,432; Bema Gold 261,836, down 4,433,…
LME WAREHOUSE LEVELS (November 24, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov.17/97 (change from previous week in brackets):MetalStock(tonnes)Change…
SPOT PRICES (November 24, 1997)
Wednesday, November 19, 1997Price (US)Week’s ChangeGold*$306.40- $3.70Silver*$ 5.1…