GREATEST VALUE TRADED, may 13-19
ExchgVolume(000’s)HighLowCloseChangeBarrick GoldT…
Articles by Northern Miner Staff
SPOT PRICES (May 25, 1998)
Wednesday, May 20, 199Price (US)Week’s ChangeGold*$298.10+ $2.50Silver*$ 5.21…
MOST ACTIVE ISSUES, May 13-19
ExchgVolume(000’s)CloseBarrick GoldT515930.75Cypress Mnrls…
LME Warehouse Levels (May 25, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 11/98 (change from May 1 in brackets):MetalStock(tonnes)ChangeAluminium536700(-59225)Copper272150(-10650)Lead107325(+97…
Mar-West weighs scoping study for San Martin
A $2-million exploration and development program is well under way on the San Martin hot spring deposit in Honduras, Mar-West Resources (MSR-V) reports.The program, designed to advance San Martin to t…
Despite year-end loss, Cambiex remains active
Cambiex Exploration (CBX-T) incurred a loss in 1997 as a result of the devaluation of one project and the abandonment of several others.On its home turf of Quebec, Cambiex and its affiliate, Cambior (…
Stratabound drilling expands Mexican polymetallic property
Drilling at the Sierra Azul lead-zinc-silver property in Mexico’s Coahuila state has extended mineralization down dip from the past-producing Santa Genoveva mine.Owner Stratabound Minerals (SB-A) repo…
METAL PRICES -Daily Metal Prices
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMay 12May 11May 8May 7May 6…
Anglo options Barrick’s African properties
In a move its chairman described as “pulling in our horns,” Barrick Gold (ABX-T) has dealt options on its West and Central African gold projects to South African-based mining house Anglo American.The …
La Manchuria assays lower than anticipated
Assay results from the last five holes drilled on the Manchuria gold-silver property in Argentina did not match results from hole LM-2, Abacus Minerals (AMC-V) has reported.Hole LM-3 intersected 24.1 …
World Wide launches Kazakstan lawsuit
As threatened last fall, Toronto-based World Wide Minerals (WWS-T) and Denver-based uranium trader Nuclear Fuel Resources have initiated legal action against the Republic of Kazakstan in the United St…
Drills turn at Hackett River
Drilling is under way at the Hackett River base metal project near Bathurst Inlet, N.W.T., reports Etruscan Resources (EET-T).The 7,500-metre program, scheduled for completion by the end of August, wi…