METAL PRICES — FREE MARKET (December 30, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateDec. 19Dec. 18Aluminium1514-1514.51499-1499.5…
London Metal ExchangeMidday bid-ask prices in $US per tonneDateDec. 19Dec. 18Aluminium1514-1514.51499-1499.5…
Diamond drilling at Spokane Resources’ (SKN-V) Mac property in northern British Columbia continues to confirm and expand known molybdenite and copper mineralization, the company says.The last phase of…
Oyvind Hushovd appointed president, chief executive officer and director.
Gavin Becker appointed president and chief executive officer.
New drill results from Goldcorp’s (G-T) Red Lake operation have confirmed that a mineralized zone being explored at the mine’s deep levels extends eastward and down-plunge.Two drill holes testing a st…
London-based Nelson Gold (NLG-T) has resumed operations at the Jilau open-pit mine in Tajikistan.The company recently made its first gold sale, exporting and selling 12,700 oz. of gold bullion from th…
The takeover of Diamond Fields Resources by Inco, the acquisition of Arequipa Resources by Barrick Gold, the green light for diamond mining in Canada’s North, and the blossoming of the Busang gold dep…
At the Canabrava joint venture in Brazil’s Minas Gerais state, Teck (TEK-T) will continue with exploration drilling through 1997.The company holds an option to earn an initial 60% interest from Canabr…
ALUMINIUM: LME settlements US$1,489 per tonne, alloy $1,349 per tonne (Dec.17/96).ANTIMONY: Composite free market, US$2,075 per tonne (Dec. 16/96).BISMUTH: Composite free market US$3.20 per lb. (Dec. …
A minority interest in Pinson Mining, held collectively by Rayrock Yellowknife Resources (RAY-T) and three private partners, has been sold to remaining partners Homestake Mining (HM-N) and Barrick Gol…
John Fraser, Gary Schellenberg, Marshall Bertram and Joseph Tarnowski appointed directors.
Lloyd Nilsen appointed director.
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