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…
Articles by Northern Miner Staff
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…
EXPLORATION ROUNDUP — Virginia sizes up La Grande Sud Drilling under way at two other Quebec properties
Northern Quebec is certainly no stranger to mineral exploration, but, unlike many companies active there, Virginia Gold Mines (VIA-M) has chosen to focus on previously unworked territory.The junior ho…
IPM consultant verifies gold at Black Rock
International Precious Metals (IPMC-C) has announced that a study by consulting firm Bateman Engineering has “confirmed the presence of gold and platinum” on the company’s Black Rock property in weste…
Royal Oak tightens belt as Kemess South takes priority
Low gold prices are forcing Royal Oak Mines (RYO-T)to trim production costs and lay off workers.The strategy is designed to ensure the company has sufficient cash on hand to complete construction of t…
Fremont grabs more ground in northern Chile
Junior Fremont Gold (FGLD-Q) has signed a letter-of-intent to acquire the 80,000-ha Dania gold property in the Maricunga district of northern Chile.The property, currently owned by Chilean-based Dania…
Campbell pulls plug at Santa Gertrudis — Junior rethinks strategy after third-quarter loss
With no foreseeable sign of a turnaround in the weakened gold market, Campbell Resources (CCH-T) is suspending operations at its Santa Gertrudis mine in Sonora state, Mexico, in order to focus on expl…
Pegasus shuts down Mt. Todd gold mine
Pegasus Gold (PGU-X) has responded to the depressed gold price by announcing its intention to close down the Mt. Todd gold mine in Australia’s Northern Territory.The company also took a nearly US$400-…
PEOPLE — YUKON SPIRIT (November 24, 1997)
Gerry McIlhargey, Irving Bakerman and Fleming Sondergaard elected directors.
PEOPLE – XEMAC
Raymond Savoie appointed director.
PEOPLE – SENNEN
Douglas Hyndman, Ian Rozier and James Robertson re- elected directors.