TORONTO STOCK EXCHANGE INDICES (December 01, 1997)
1997Nov.25Nov.24Nov.21Nov.20Nov.19HighLowComposit…
Articles by Northern Miner Staff
PCS posts strong earnings for third quarter
Potash is a bright star for Potash Corp. of Saskatchewan (POT-T) as sales continue to surpass previous highs. The company posted record earnings of $71.4 million in the third quarter, on net sales of …
EXPLORATION ROUNDUP — Kinross augments reserves in Northern Ontario
Some exploration success was reported by Kinross Gold (K-T) at its various mine sites and mineral projects in North America and abroad.During the third quarter, at the Macassa mine in northern Ontario…
PEOPLE – ALTO
Michael White elected director of exploration.
Anglo forms top gold company
For decades, South Africa-based mining house Anglo American has been a huge, complex organization in which dozens of mines were held by dozens of publicly traded operating companies. This is no more.P…
Student research grants available from SEC
The Colorado-based Society of Economic Geologists (SEG) has announced that research grants totalling US$40,000 will be available to students in 1998.The grants will be made available, under three sepa…
Golden Star drills for gold in Guyana
Preliminary drilling at the Eagle Mountain project in central Guyana, 80 km west of the Omai gold mine, is returning significant gold grades for Golden Star Resources (GSR-X).Drilling at the Kilroy zo…
EXPLORATION ROUNDUP — Ashton expands exploration in Alberta — Loon Lake, Birch Mountain among joint-venture plays
The discovery of diamond-bearing kimberlites in north-central Alberta by Ashton Mining of Canada (ACA-T) has spawned a province-wide area play.Since it began drilling geophysical targets in January on…
EXPLORATION ROUNDUP — Platexco explores for platinum in South Africa –Drills target Merensky, UG-2 reefs at Winnaarshoek property
Steelpoort, South Africa — Emerging with a victory after years of legal wrangling with South African giant Anglo American, junior Platexco (PGMI-C) has begun an exploration campaign on the Winnaarsho…
PRODUCER & DEALER PRICES (December 01, 1997)
Aluminium: LME settlements US$1,581.50, alloy US$1,447 per tonne (Nov.25/97).Antimony: Representative mid-market US$1,675 per tonne (Nov. 25/97).Bismuth: Representative mid-market US$3.35 per lb. (Nov…
EXPLORATION ROUNDUP — AMT plans Copper Creek development
San Manuel, Ariz. — AMT International Mining (AAI-T) has fulfilled its obligation to earn a half interest in the Copper Creek project of Broken Hill Proprietary (BHP-N) and is waiting for the Austral…
EXPLORATION ROUNDUP — Kiwis push for revival of mineral exploration — Conference opens window on New Zealand
Auckland, New Zealand — Exploration and mining are welcome in New Zealand as long as companies are prepared to meet high environmental standards and be good corporate citizens, government officials t…