PEOPLE — CONS. SILVER TUSK (May 12, 1997)
Alan Smith appointed director.
News
STOCK MARKETS — TSE 300 composite claws back above 6,000 mark — Bre-X blackens eyes of jungle explorers; Inco, Rio hitched to nickel’s rise
Not since the report period of March 19 has the Toronto Stock Exchange 300 composite index risen above the 6,000 mark.It returned to that peak during the report period ended May 6, rising 226.4 points…
Sahelian acquires Poura
Toronto-based Sahelian Goldfields (SHGI-C) has acquired the Poura mine, a former gold producer in Burkina Faso, West Africa.In addition to the mine, which has produced more than 600,000 oz. gold from …
Mongolia Gold trenches at Bumbat-West
After delays caused by permitting- and equipment-related problems, Mongolia Gold Resources (MGR-V) is proceeding with a trenching program on a newly discovered geochemical gold anomaly at its 49%-owne…
LETTER TO THE EDITOR — Tory education cuts undermine industry’s future
The so-called “attack” on the deficit by the Progressive Conservative government of Ontario is really an attack on the Ontario education system.The $800 million that has been extracted from public edu…
RTZ-CRA options Yanacocha
In northern Peru, RTZ-CRA (RTZ-N) and Solitario Resources (SLR-T) have struck a deal whereby each company will explore a property held by the other.RTZ-CRA can earn a 60% interest in Solitario’s 155,0…
DIAMOND PAGE — Chivor produces more gems
Toronto-based Chivor Emerald (CHIV.U-C) has produced an additional 1,100 carats of emeralds from its Oriente mine in the Chivor district of Colombia.The emeralds are being mined from a vein system 15 …
LETTER TO THE EDITOR — Miner avoids sensationalism
I would like to echo the comments made by Jean-Pierre Thomassin in his recent letter to the editor (T.N.M., April 21/97). The Northern Miner’s coverage of the Bre-X Minerals saga has been absolutely t…
DIAMOND PAGE — TNK drills kimberlites at Gope
Toronto-based TNK Resources (TNKR-C) has drilled into two kimberlite pipes on its wholly owned Gope prospect in the Kaapvaal craton of central Botswana.The company drilled two holes, spaced 50 metres …
Energold forms JV with Treminco
Treminco Resources (TMO-T) is the latest in a growing number of companies that have entered into joint ventures in the Dominican Republic with Vancouver-based Energold Mining (EGD-V).Treminco intends …
LME WHSE LEVELS (May 12, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 5/97 (change from previous week in brackets):Aluminium792,625(-9,475)Copper148,925(+7,850)Lead113,950(-550)Nickel50,316…
LETTERS TO THE EDITOR — Head in the sand
I have been a subscriber to The Northern Miner for about four years and I am appalled at the pathetic reporting on International Precious Metals (T.N.M., April 28/97).It is obvious that The Miner has …