PEOPLE — ALDA INDUSTRIES
Stewart Jackson appointed president and director; Kelvin Dushnisky appointed director.
News
LETTER TO THE EDITOR — Streamlining works for industry
I feel I must respond to the article “Ontario’s regulatory process a source of frustration for miners,” (T.N.M., May 12/97).The source for this excerpted material was a report entitled “The Economic a…
DIAMOND NEWS ROUNDUP — Tandem finds rubies
Further analyses by Lakefield Research has confirmed the presence of rubies in a kimberlite pipe discovered by Tandem Resources (TDM-T) in Guibord Twp.in northern Ontario.The company previously report…
Refugio mine adds fuel to Bema’s quarter
Operations at its 50%-owned Refugio gold mine in central Chile contributed to first-quarter earnings of US$198,000 for Bema Gold (BGO-T), compared with US$514,000 for the same period in 1996.Refugio p…
Drilling outlines gold zone at Asuadai
A 19-hole drill program at the Asuadai prospect in Ghana has outlined potentially economic mineralization for joint-Venture partners Golden Knight Resources (GKR-T) and Leo Shield Exploration.The 1,51…
Toronto Stock Exchange Indices (June 09, 1997)
1997June 3June 2May 30May 29May 28HighLowComposit…
Silver Standard hits high grade in Bolivia
A 40-hole drill program at El Asiento, a silver-gold property in southwestern Bolivia, has returned positive results for Silver Standard (SSO-V).The 4,219-Metre program was drilled to test targets in …
GAC returns to place of birth for golden jubilee celebration
The Geological Association of Canada (GAC) recently convened here to celebrate its golden anniversary at a special annual meeting.The meeting was held jointly with the Mineralogical Association of Can…
DIAMOND NEWS ROUNDUP — Lytton reports JD/OD results
Partners Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A) have reported results from a mini-bulk sample conducted on the JD/OD-3 pipe.The pipe is situated under a small lake within the jointly…
Gold Funds (June 09, 1997)
Gold Funds as of May 29, 1997BGRCentralNet Value$21.05$5.88Price$15.85$5.
SPOT PRICES (June 09, 1997)
Wednesday, June 4, 1997Price(US)Week’s ChangeGold*$342.40- $2.30Silver*$ 4.73…
Producer and Dealer Prices (June 09, 1997)
Aluminium: LME settlements US$1,561 per tonne, alloy $1,452 per tonne (June 3/97).Antimony: Composite free market, US$2,200 per tonne (June 3/97).Bismuth: Composite free market US$3.50 per lb. (June 2…