PRODUCER AND DEALER PRICES (April 27, 1998)
Aluminium: LME settlements US$1,419, alloy US$1,279 per tonne (Apr. 21/98).Antimony: Representative mid-market US$1,565 per tonne (Apr. 9/98).Bismuth: Representative mid-market US$4.05 per lb. (Apr. 9…
Articles by Northern Miner Staff
MINING MARKETS AND INVESTMENT NEWS — Analyst weighs Tenke’s risk factors in Africa
Without ignoring various financial and political risk factors, the mining division of HSBC James Capel has issued a “buy” recommendation for Tenke Mining (TNK-T), based on the fundamentals of the its …
GREATEST VALUE TRADED, April 8-14
ExchgVol(000’s)HighLowCloseChangeBarrick GoldT122…
Rondal signs up for survey
An induced polarization survey is set to begin on a 25,000-acre land package under option to Rondal Gold (RGD-A) in Mexico’s Zacatecas state.Rondal has the right to acquire 49% of the shares of a priv…
NovaGold goes solo at Murray Brook
NovaGold Resources (NRI-T) has signed a new agreement with privately owned Sheridan Platinum Group to acquire a 100% interest in the Murray Brook polymetallic property in northern New Brunswick.An ear…
QUERY — Yuma swimming against tide
The Northern Miner has often reported on Yuma Copper (YUM-V), but recently it has been dropped from your weekly stock price listing. I hear that it was delisted. I did not see any mention of this in y…
MINING MARKETS AND INVESTMENT NEWS – Western Markets — Anooraq rises on Mexican acquisition
The Vancouver Stock Exchange composite index edged down 1.23 points to close at 636.08, or 0.2%, over the holiday-shortened report period ended April 14. The mining index also nudged down 1.94 points,…
MINING MARKETS AND INVESTMENT NEWS – Eastern Markets — Palladium and platinum soar as Russia halts exports
The Toronto Stock Exchange 300 composite index hit yet another record high during the report period of April 8-14, closing at 7,780.53 points on April 14, up 200 points, or 2.6%, over the holiday-shor…
Drilling defines copper zone in Chile
Results from widely spaced drilling indicate good potential for copper mineralization over a large area at General Minerals’ (GNM-T) Productora copper property in central Chile.The company completed e…
DIAMOND PAGE — Drilling begins at Munn Lake in N.W.T.
A drilling program designed to locate the source of last year’s Yuryi kimberlite boulder find is under way at Munn Lake, northeast of Camsell Lake, in the Northwest Territories.Munn Lake is part of th…
Hebron buys Mazarin’s exploration projects
As part of a plan unveiled in January to withdraw from the exploration scene and renew its focus on industrial mineral production in Quebec, Mazarin Mining (MAZ-T) has sold its overseas gold and coppe…
Consortium fails in bid to purchase ZCCM
Privatization of the giant Zambia Consolidated Copper Mines (ZCCM) hit a snag when the negotiating team rejected the purchase offer from the Kafue Consortium for the Nkana and Nchanga divisions.The Ka…