PEOPLE — CHAPLEAU RES.
James Stypula and Allan Rella appointed directors.
1997
PEOPLE — BITTERROOT RES.
Terence Ortslan appointed director.
LME WAREHOUSE LEVELS (August 25, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Aug.18/97 (change from previous week in brackets):MetalStocks(tonnes)Change…
Boliden’s Canadian launch off to strong start — Low operating costs translate into profits
Newly incorporated in Canada, and sporting 11 European mines and two smelters from parent company Trelleborg, Boliden (bol.ir-t) has seen its first-half earnings increase 55%, compared with those repo…
DIAMOND PAGE — Ashton identifies additional kimberlite
Diamond explorer Ashton Mining of Canada (aca-t) has discovered yet another kimberlite at the Buffalo Hills project in northern Alberta, bringing to 16 the number found since January.Newly discovered …
STOCK MARKETS — Vancouver’s mining index heads skyward — Solid drill results from several projects bolster western markets
The Vancouver Stock Exchange composite index gained 9.46 points over the report period ended Aug. 12 to close up 1.1% at 834.3, whereas the mining index finished 13.71 points higher at 753.93, for a g…
TSE INDICES (August 18, 1997)
1997Aug 12Aug 11Aug 8Aug 7Aug 6HighLowComposite30…
Agnico-Eagle reports second-quarter loss
Lower gold prices and production, as well as reduced interest income, led to a loss for Agnico-Eagle Mines (age-t) in the second quarter.The company recorded a net loss of $1.2 million (or 3 cents per…
Asia Minerals discovers high-grade copper-zinc-gold target
A first-phase exploration program by Asia Minerals (amp-a) has resulted in a copper-zinc-gold discovery at the Aurora property in the Sierra Madre mountains of Luzon province, in the Philippines.The c…
International Pursuit joins White Knight in Nevada
International Pursuit (ipj-t) has signed an agreement-in-principle to acquire interests in two Nevada gold properties of White Knight Resources (wkr-v).White Knight, which holds properties in Nevada’s…
Restructuring fills Minorca’s coffers
A stock restructuring program has given Minorca Resources (mar-t) an influx of $67 million for potential project development.Eleven million special warrants were issued on March 13, and holders of 10….
DIAMOND PAGE — Cypango arranges placement
Cypango Ventures (cav-v) has arranged a brokered private placement of up to 5 million special warrants at a price of 40 cents per warrant.Each special warrant will be exchangeable into one common shar…