PEOPLE — EMPEROR GOLD (July 14, 1997)
James Askew appointed president and chief executive officer.
News
GREATEST VALUE TRADED (July 14, 1997)
ExchgValue($000s)HighLowCloseChangeBarrick GoldT2…
Mongolian mining still in infancy
Mongolia is a vast highland country, land-locked between Russia to the north and China to the south. The breakup of the Soviet Union in 1989 ended some 70 years of influence over Mongolia, which has e…
DIAMOND NEWS ROUNDUP — United Reef plans to market more diamonds
In June, a newly commissioned recovery plant at the MBala project in the Central African Republic enabled United Reef (URP-T) to recover 486.48 carats of diamonds from the processing of 7,907 tonnes o…
Mining companies urged to note differences in laws
Failure by mining companies to understand the differences between anglophone and francophone legal systems in Africa countries can prove costly, according to a study by Price Waterhouse.African countr…
SPOT PRICES (July 14, 1997)
Wednesday, July 9, 1997Price (US)Week’s ChangeGold*$315.75- $15.70Silver*$ 4.28…
ODDS’N’SODS — Hanging around
The last nine miles of road that lead to the Bohemia mining district in the Cascade Mountains of south-Central Oregon slither, like a drunken rattlesnake, up and over Champion Crick. (Anyone who calls…
METAL PRICES — Daily Metal Prices (July 14, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJuly 8July 7July 4July 3July…
DIAMOND NEWS ROUNDUP — Diavik JV releases results
Joint-Venture partners Diavik Diamond Mines and Aber Resources (ABZ-T) have released preliminary results from a program that involved the drilling of 11 large-diameter holes at their Diavik diamond pr…
EDITORIAL AND OPINION — Blame peace, balanced budgets and technology — Gold takes major tumble
If the predictions made by the doom-and-gloomers of the 1970s had come true, the world would have run out of natural resources by now, gold prices would be well over $1,000 per oz. and the Aden sister…
Anvil Range to fund stripping
Anvil Range Mining (ARO-T) has entered into an agreement that paves the way for a stripping program at its Grum deposit in the Yukon.The company has reached an agreement-in-principle for a $15-Million…
MOST ACTIVE ISSUES (July 14, 1997)
ExchgVol(000s)ClosePlacer DomeT1301920.10Barrick GoldT…