PEOPLE — LA PLATA (December 22, 1997)
John James appointed president; A.C. Richardson appointed director.
Articles by Northern Miner Staff
US tailings dam wins rehabilitation award
A tailings dam in St. Francois Cty., Mo., has been named National Rehabilitation Project of the Year.The award, which is given out by the Association of State Dam Safety Officials, recognizes “the use…
Swiss aid for Noril’sk
Russia’s Noril’sk Kombinat has secured a US$55-million loan from a Swiss-based bank to improve its operations.The first installment of the loan, which was provided by Union Bank of Switzerland, is US$…
Phosphate producers to expand in South America
A joint subsidiary of Luxembourg-based Minorco and British-based Albright & Wilson has signed a deal to supply phosphate to several South American countries.The company will be owned equally by the pa…
DIAMOND PAGE — Redaurum to dispose of mining assets
Toronto-based Redaurum (RRK-T) is leaving the diamond mining business.The company says it has decided to sell its interest in all three of its producing diamond mines because “the full value of curren…
SPOT PRICES (December 22, 1997)
Wednesday, December 17, 1997Price (US)Week’s ChangeGold*$286.10+ $1.05Silver*$ 6.0…
LME WAREHOUSE LEVELS (December 22, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.16/97 (change from previous week in brackets):MetalStock (tonnes)Change…
Drilling to resume at Poracota
Southwestern Gold (SWG-T) and partner Teck (TEK-T) are poised to begin the third phase of drilling at their Poracota gold property in southern Peru.The property is part of the Cotahuasi joint venture….
PRODUCER AND DEALER PRICES (December 22, 1997)
Aluminium: LME settlements US$1,502, alloy US$1,378 per tonne (Dec. 16/97).Antimony: Representative mid-market US$1,570 per tonne (Dec. 16/97).Bismuth: Representative mid-market US$3.35 per lb. (Dec. …
GOLD FUNDS (December 22, 1997)
Gold Funds as of December 11, 1997BGRCentralNet Value$13.24$6.11Price$ 9.85…
Index (December 22, 1997)
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Impressive intersections mark Mexican find by Teck, WCH
The discovery of the San Nicolas volcanogenic massive sulphide deposit in central Mexico is significant not only because of the magnitude of the drill intersections, but also because it indicates the …