LME WAREHOUSE LEVELS (June 08, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 1/98 (change from May 22 in brackets):MetalStocks(tonnes)Change…
Articles by Northern Miner Staff
METAL FUTURES (June 08, 1998)
Settlement prices for London Metal Exchange spot metal and three-month contracts, June 2/98 (US$ per tonne):MetalsCash Price3 Month Price…
METAL PRICES — Daily Metal Prices (June 08, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateJune 2June 1May 29May 28May 27…
Rio Narcea makes discovery
Rio Narcea Gold Mines (RNG-T) reports that ongoing exploration of its large land package in the Austurias region of northern Spain has unearthed gold mineralization believed to have similarities to th…
Corona, Teck plan work program
The receipt of necessary permits has enabled Corona Gold (CRG-T) to begin a $2.5-million underground work program at its Thunder Lake West gold deposit, near Dryden in northwestern Ontario.First on th…
NEWS IN BRIEF (June 08, 1998)
George Resource (GGP-V) has changed its name to Rocca Resources (RRL-V) on a 1-new-for-10-old-share basis.
Index (June 08, 1998)
CareersClassifiedDiamond PageDrillersEditorialFacts ‘n’ FiguresGeology 101Insider TradingInvestment CommentaryMergers & AcquisitionsMetal PricesMining Markets and Investment NewsProfessional Directory…
Minorco, Triarx expand in PNG
Resource giant Minorco (MNRC-Q) and junior Triarx Gold (TXTX-C) have expanded their joint gold-copper exploration program in Papua New Guinea.The original joint-venture agreement, announced in July 19…
Greenstone moves into black in first quarter
Greenstone Resources (GRE-T) is continuing its drive towards opening four mines in Central America in just three years. And, having nearly doubled its mining revenues over the past year, the company m…
Ag Armeno takes up option on Batu Hijau
In an agreement with Indonesian industrialist Jusuf Merukh, Ag Armeno Mines & Minerals (AGM-V) has taken an option to buy an 18% interest in the Batu Hijau gold deposit on Sumbawa Island in Indonesia….
Borneo Gold begins drilling at Bunut
Toronto-based Borneo Gold (BNO-V) has begun an initial 5,500-metre diamond drilling program at its Bunut gold project in West Kalimantan, Indonesia.The company holds a 90% interest in a seventh genera…
Oroperu looks to enhance Nueva Condor
Oroperu Resources (OROP-C) has reported encouraging operating results from its recently acquired Nueva Condor polymetallic mine, near Lima, Peru.The operation entered production in early 1998 and earn…