SPOT PRICES (October 19, 1998)
Wednesday October 14, 1998Price (US)Week’s ChangeGold*$296.60-$2.25Silver*$ 4.80…
Articles by Northern Miner Staff
TSE Short Positions (October 19, 1998)
Short positions outstanding at September 30, 1998Larger individual positions include:Abitibi-Consolidated 981,044, down 1,098,263; Alcan Aluminium 1,303,666, up 258,567; Anderson Exploration 136,411; …
PRODUCER & DEALER PRICES (October 19, 1998)
Aluminium: LME settlements US$1,324.50, alloy US$1,126 per tonne (Oct. 13/98).Antimony: Representative mid-market US$1,340 per tonne (Oct. 13/98).Bismuth: Representative mid-market US$3.25 per lb. (Oc…
Pangea, Sundust find new zone at Victoria property
Scout drilling at the Victoria gold property in west-central Peru has identified a gold-bearing structure for partners Pangea Goldfields (PGD-T) and Sundust Resources (SUN-M).Hole 77 intersected 2.3 m…
INDUSTRIAL MINERALS — Nitrogen price hurts Potash Corp.
Potash Corp. of Saskatchewan (POT-T) has issued an announcement that weak prices for nitrogen will cut into its third-quarter earnings.The company said that earnings per share for the quarter should b…
INDUSTRIAL MINERALS — Atacama nears production on Chilean evaporites
Atacama Minerals (AAM-V) is gearing up to become a producer of industrial mineral products in Latin America.The company’s wholly owned Aguas Blancas project comprises 22,000 ha in Chile’s Atacama Dese…
INDUSTRIAL MINERALS — Asia Pacific takes steps to advance Thai potash project
As a result of a successful financing deal and promising joint venture negotiations, construction of a mine at the Udon Thani potash project of Asia Pacific Resources (APG-T) in Thailand could begin e…
Falco tallies damage in DR
Falconbridge (FL-T) says it expects to lose 10,000 tonnes of nickel in ferronickel production at its Dominican Republic operations.The figure combines lost production during a 10-day shutdown caused b…
Canadian firms buy Australian explorer
Consortium of three juniors takes up 80% interest in Kinver Four Canadian companies have banded together to buy a majority interest in Australian firm Kinver Mining.The conglomerate — including Elles…
INDUSTRIAL MINERALS — Non-metallics making money coast to coast
Northern Miner StaffOften overshadowed by metals and hydrocarbons, the industrial minerals sector was a $3-billion business in 1997, providing about 15% of the value of Canada’s mineral production. Ad…
Aurizon sets production records
Thanks to improved operations at its half-owned Sleeping Giant and Beaufor gold mines in Quebec’s Abitibi region, Aurizon Mines (ARZ-T) has posted record gold production for the first three quarters o…
Careers (October 19, 1998)
Svedala Industries Canada Inc.