Refugio mine adds fuel to Bema’s quarter
Operations at its 50%-owned Refugio gold mine in central Chile contributed to first-quarter earnings of US$198,000 for Bema Gold (BGO-T), compared with US$514,000 for the same period in 1996.Refugio p…
Articles by Northern Miner Staff
Drilling outlines gold zone at Asuadai
A 19-hole drill program at the Asuadai prospect in Ghana has outlined potentially economic mineralization for joint-Venture partners Golden Knight Resources (GKR-T) and Leo Shield Exploration.The 1,51…
GAC returns to place of birth for golden jubilee celebration
The Geological Association of Canada (GAC) recently convened here to celebrate its golden anniversary at a special annual meeting.The meeting was held jointly with the Mineralogical Association of Can…
DIAMOND NEWS ROUNDUP — Lytton reports JD/OD results
Partners Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A) have reported results from a mini-bulk sample conducted on the JD/OD-3 pipe.The pipe is situated under a small lake within the jointly…
Gold Funds (June 09, 1997)
Gold Funds as of May 29, 1997BGRCentralNet Value$21.05$5.88Price$15.85$5.
DIAMOND PAGE — Archangel advances sampling program
In late September, Archangel Diamond (AAD-V) expects to receive initial results from a mini bulk-sampling test of Discovery pipe 441 at the Verkhotina tenement in the Arkhangelsk region of northwester…
LME Warehouse Levels (June 09, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 2/97 (change from previous week in brackets):Aluminium734,600(-19,525)Copper132,500(-4,525)Lead117,825(-300)Nickel52,32…
Manhattan’s Morris mine approaches full capacity
The Morris gold-silver mine in Mexico’s Chihuahua state is expected to reach commercial production in the second quarter, reports Manhattan Minerals (MAN-T).During the first quarter, the mine yielded …
Correction (June 09, 1997)
In our issue of June 2, we reported that Bullion Monarch (BMRK-O) had acquired an 80% interest in Knomex Resources (KNO-A). In fact, Knomex is still proceeding with its due diligence review of the pro…
Metal Prices — Daily Metal Prices (June 09, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJune 3June 2May 30May 29May 2…
Serengeti pens Anglo agreement
Serengeti Diamonds (SGD-V) has signed a joint-Venture deal with South African mining giant Anglo American.The agreement will see Anglo bear all costs up to a feasibility study on Serengeti’s Tanzanian…
Rio Narcea expands mineralization in Spain
Rio Narcea Gold Mines (RNG-T) has announced promising results from drilling programs in Spain.Stepout drilling at the gold-silver-copper project known as El Valle is delineating a major extension to t…