PRODUCER & DEALER PRICES (June 16, 1997)
Aluminium: LME settlements US$1,561 per tonne, alloy $1,452 per tonne (June 3/97).Antimony: Composite free market, US$2,200 per tonne (June 3/97).Bismuth: Composite free market US$3.50 per lb. (June 2…
Articles by Northern Miner Staff
Activists block Crown Jewel mine
Environmental activists intent on preventing development of the Crown Jewel gold mine in northwestern Washington state have filed an action in U.S.District Court against the U.S. Forest Service.The ac…
Energold remains hopeful in D.R.
Results are in hand from 10 of 15 holes drilled to test the Centenario gold deposit in the Dominican Republic.Energold Mining (EDG-V), which recently completed the third phase of drilling, reports tha…
Cameco producing at Kumtor
Cameco (CCO-T) reports that the Kumtor gold mine in the Tien Shan mountains of eastern Kyrgyzstan has entered into commercial production, with a declared starting date of May 1, 1997.The company state…
Teck to drill Barry gold property
The Barry gold property near Quvillon-Chibougamau, in northwestern Quebec, has a history of delivering plenty of smoke but no fire.The property enjoyed its 15 minutes of fame in the spring of 1995 whe…
RTZ-CRA changes name
The dual-listed company formed by the merger of British-based RTZ and Australian-based CRA will henceforth be listed under two names: Rio Tinto PLC and Rio Tinto Ltd., respectively.The companies merge…
EDITORIAL PAGE — Western securities commissions forge ties — Two heads better than one
One needn’t peer into a crystal ball to know that, despite well-Meaning efforts, Canada is not likely to have a national securities commission governing the conduct of public companies and the investm…
DIAMOND PAGE — Cypango closes placement
A $1.8-Million private placement will enable diamond hunter Cypango Ventures (CAV-V) to fund exploration in Canada’s Northwest Territories.The placement consisted of 2 million special warrants priced …
LME WAREHOUSE LEVELS (June 16, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 9/97 (change from previous week in brackets):Aluminium718,075(-16,525)Copper128,125(-4,375)Lead117,550(-275)Nickel51,86…
GREATEST VALUE TRADED (June 16, 1997)
ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…
DIAMOND PAGE — Ashton tests Alberta pipes
The latest exploration results released by Ashton Mining of Canada (ACA-T) bring to 11 the number of kimberlite pipes tested at the Buffalo Hills property in northern Alberta.The company reported init…
STOCK MARKETS — Western markets negotiate a slippery slope — Latin America explorers off, diamond explorers lacklustre
The Vancouver Stock Exchange composite index was down over the report period ended June 10, losing 28.76 points to finish the week at 961.32.The Alberta Exchange, which also continued to slide, was of…