PEOPLE — CONS. FIRSTFUND
John Reynolds appointed director and elected chairman.
News
Essex drilling expands Bolivian deposit
Diamond drilling by Essex Resource (ESX-V) has expanded a volcanogenic massive sulphide (VMS) deposit at the Miguela concession in western Bolivia.The company has confirmed that mineralization in the …
PEOPLE — CHANDELEUR BAY (June 30, 1997)
William McKee appointed president and director; Michael Skopos, Ronald Howard, William Moss, Daniel Koyich, Wayne Stromme and G. March appointed directors.
Uzbekistani gov’t sells huge stake in Almalyk — Increased production and leaner operations are expected
The government of Uzbekistan plans to sell a 40% stake in the Almalyk mining and metallurgical plant, one of the largest copper producers of the former U.S.S.R.The plant produced 100,000 tonnes of cop…
PEOPLE — BRANDON (June 30, 1997)
Enrique Miranda-Paz appointed director.
PEOPLE — ABADDON
David Duval appointed director.
Canyon Resources recognized for mine site reclamation work
The U.S. government has awarded Canyon Resources the Health and Land award for its reclamation efforts at the Kendall open-pit gold mine site in central Montana.The work resulted in the reintroduction…
Inco to sell alloys division in deal worth over US$400 million
In a US$410-Million deal with Blackstone Capital, a merchant banking firm based in New York City, Inco will sell off its alloys division.The nickel giant intends to sell Inco Alloys International (IAI…
World demand for gold higher than in past years — Developing markets account for much of rise
Gold demand for the first three months of the year was 17% higher than in the same period in 1996, according to a survey conducted by the World Gold Council.The record figures were bolstered by demand…
DIAMOND PAGE — SouthernEra analyzes Klipspringer blow — Marsfontein deal with Randgold
revisedA pipe-like enlargement, or blow, along the Sugarbird fissure, which forms part of the Klipspringer project in South Africa’s Northern Transvaal province, is estimated to contain 90,000 tonnes …
Producer and Dealer Prices (June 23, 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…
COMMENTARY — Quality control, part 2
The best geological standards are property-specific, meaning they contain the same geological matrix as the samples being routinely analyzed.Standards are prepared by collecting material representativ…