PEOPLE — JOPEC RES. (November 04, 1996)
Robert Rosner appointed president and chief executive officer.
News
THE DIAMOND PAGE — Gerle pulls stones from Doyle Lake
At the Doyle Lake project in the Northwest Territories, Gerle Gold (GGL-V) has recovered 67 microdiamonds.The announcement follows preliminary analysis of a composite 125.2-kg kimberlite sample taken …
CIM talks focus on El Abra, nickel
The El Abra copper project in northern Chile will be in the spotlight at a special presentation of the Canadian Institute of Mining, Metallurgy & Petroleum (CIM).Robin Hickson, president of Cyprus Ama…
STOCK MARKET — Base metals rise as golds struggle
With the exception of the gold stocks, the Toronto Stock Exchange advanced over the report period Oct. 23-29 with most sectors showing strength. The TSE 300 composite index finished the period 32.09 p…
Spot prices at a glance (November 04, 1996)
Wednesday, October 30, 1996Price (US)Week’s ChangeGold*$380.30- $3.65Silver*$ 4.83…
NEWS IN BRIEF (November 04, 1996)
McNickel (MCNC-C) has changed its name to Sahelian Goldfields (SHGI-C) on a 1-new-for-8-old-share basis.
Santa Fe gets nod to expand Lone Tree
The U.S. Bureau of Land Management has approved the proposed expansion of the Lone Tree gold mine southwest of Winnemucca, Nev.Santa Fe Pacific Gold (GLD-N) may now extend the mine’s main pit into Sec…
Golden Bear tests Indonesian prospect
Junior Golden Bear Minerals (GB-V) is encouraged by results from an 8-hole drill program on the Beruang Mas South project in southern Sumatra, Indonesia.In addition, a closely spaced geophysical progr…
Queenstake entices Aussie to Peru
Australian-listed Newcrest Resources has signed a joint-venture agreement with Queenstake Resources (QTR-T) for 12 properties in central Peru.The 19,600-ha land package, wholly owned by Queenstake, is…
Centurion strikes gold in eastern Utah
Salt Lake City-based Centurion Mines (CTMC-Q) has cut significant gold and silver mineralization in sedimentary rocks at its Kings Canyon property in east-central Utah,Drill hole 10 encountered minera…
Testing boosts resource at Pirquitas deposit
Sunshine Mining & Refining (SSC-N) has received encouraging results from preliminary metallurgical testing at its Pirquitas silver-tin deposit in Argentina.Early results indicate that silver recoverie…
INSIDER TRADING — Bre-X Minerals insiders cash in stock options
Directors and senior officers of Bre-X Minerals (BXM-T) were among the mining executives who reported trades to the Ontario Securities Commission during the past month.Vice-president T.S. McAnulty sol…