METAL PRICES — DAILY METAL PRICES (May 05, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateApr. 29Apr. 28Apr. 25Apr. 24A…
Articles by Northern Miner Staff
STOCK MARKETS — Western market sluggish despite good news for juniors — Indonesian explorers rally ’round CoWs; Alberta diamond hunters owe boost to kimberlite find
Western markets continued to grapple for footing over the report period ended April 29. The Vancouver Stock Exchange composite index was down 12.45 points, or 1.2%, at 1,022.69, while the resource ind…
Eden Roc proves up Ivorian gold deposit
Eden Roc Mineral (EDN-T) has released encouraging results from the latest 14 holes drilled on the Afema gold project in southeastern Ivory Coast.The project forms part of the Somiaf joint venture, in …
LETTER TO THE EDITOR — Truth or consequences — Enough is enough.
Our group has been in the business of evaluating, exploring and developing gold deposits for many years. Our audits of these deposits, for our benefit and for that of others, have yielded some absolut…
St Andrew increases width of West Porphyry
Infill and stepout drilling by St Andrew Goldfields (SAS-T) continues to add potential to the West Porphyry zone on the Taylor property, near Matheson, Ont.In the latest round, St Andrew drilled two i…
Inco plans Voisey’s start-up for late 1999
Michael Sopko, chairman of Inco (N-T), told shareholders at the recent annual meeting that the Voisey’s Bay nickel-copper-cobalt project in Labrador is turning out to be “all we had expected . . . and…
Rio Algom aims for top producer status
Lower copper prices over the past year may have contributed to a sluggish year for Rio Algom (ROM-T), but Chairman Gordon Gray is confident the company will eventually become Canada’s premier copper p…
LETTER TO THE EDITOR — An easily detectable discrepancy in Indonesia
I have followed with great interest The Northern Miner’s reports of the problems facing Bre-X Minerals over the assay results of samples from the Busang property in Indonesia.It is apparent that initi…
DIAMOND PAGE — Lytton, New Indigo process Jericho sample
About a third of a 15,000-tonne underground bulk sample of the land-based JD/OD-1 pipe at the Jericho project in the Northwest Territories has been processed.Partners Lytton Minerals (LTL-T) and New I…
SPOT PRICES (May 05, 1997)
Wednesday, April 30, 1997Price (US)Week’s ChangeGold*$340.45- $0.25Silver*$ 4.66…
GOLD FUNDS (May 05, 1997)
Gold Funds as of April 24, 1997BGRCentralNet Value$20.93$5.89Price$15.70$…
MacDonald begins drill-testing new zone
A diamond drill program by MacDonald Mines Exploration (MMP.A-A) has started testing the recently discovered Zona Campo Santos showing on the Golden Hill property in Cuba.The prospect lies 1 km northw…