METAL PRICES — Daily Metal Prices (August 10, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices in US$ per tonne)DateAug. 4Aug. 3July 31July 30…
Articles by Northern Miner Staff
Sunnyside up for Altius
Easter is nine months away, but Altius Minerals (ALS-S) is busy hunting for eggs in its home province of Newfoundland.On the Paradise Lake property in Botwood Basin, the junior has identified what it …
Mustang discovers PGEs at East Bull Lake property
Toronto-based Mustang Gold (MUST-C) has uncovered showings of platinum group elements at its East Bull Lake property, 80 km west of Sudbury, Ont.Preliminary geochemical sampling returned up to 1.58 gr…
Millstream completes drilling
Toronto-based Millstream Mines (MLSM-C) has received final results from diamond drilling at its Potter base metal property near Matheson, Ont.In total, 10 deep holes tested for depth and strike extens…
LME WAREHOUSE LEVELS (August 03, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at July 13/98 (change from July 6 in brackets):MetalStocks(tonnes)Change…
MINING MARKETS & INVESTMENT NEWS — Suspensions abound on TSE, VSE
The British Columbia Securities Commission has issued cease trade orders against four companies that failed to abide by the regulator’s stricter disclosure requirements.Vetta Ventures, Rorex Explorati…
Drilling expands Grayd’s Dry Creek deposit
At its Dry Creek polymetallic property in Alaska, Grayd Resource (GYD-V) has outlined a continuous zone of mineralization over a strike length of 230 metres and to a vertical depth of 140 metres.The s…
Quarterly results keep Eldorado in black
Determined to produce 200,000 oz. gold by the end of the year, Eldorado Gold (ELD-V) has continued to slash cash costs and increase quarterly output.The company reduced total cash costs to US$260 per …
Primary base metal output up as gold, silver slide
Candian production of primary copper and nickel, zinc and iron ore rose between May 1997 and May 1998, offsetting drops in the production of refined copper, lead, gold, silver, asbestos and potash.The…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Persistence pays off for Aber: diamond analyst
Being second in the great Canadian diamond race has certain advantages, says David James, mining analyst for Canaccord Capital. In a research report on Aber Resources (ABZ-T), James notes that the com…
NEWS IN BRIEF (August 03, 1998)
Legion Resources (LGN-V) has changed its name to Earl Resources (ERL-V) on a 1-new-for-2-old-share basis.
Index (August 03, 1998)
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