Metal Prices — FREE MARKET (July 08, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJuly 2July 1June 28June 27June 26…
Articles by Northern Miner Staff
Partners firm up Crow-Rea play
The Crow-Rea molybdenum property in the Okanagan area of British Columbia is returning some high-grade numbers for partners Molycor Gold (MOR-V) and Verdstone Gold (VGC-V).Recent diamond drill results…
STOCK MARKETS — Dog days come early to Toronto
The Toronto Stock Exchange finished the report period ended July 2 fractionally lower, following a week of light trading and sluggish price moves. The TSE 300 composite index was down 8.09 points to 5…
Virginia drills at Ungava Peninsula
Drilling is under way on the Kogaluk permit on Quebec’s Ungava Peninsula, reports Virginia Gold Mines (VIA-M).As part of a joint venture with Cominco (CLT-T) and Quebec Crown-owned Soquem, Virginia is…
USMX sells royalty in Montana Tunnels
In an effort to raise funds for its Illinois Creek gold project in Alaska, USMX (USM-T) will sell its royalty interest in another project.The company will sell its 5% royalty interest at the Montana T…
Sadiola mine to pour gold by year-end
The Sadiola Hill mine in Mali is 75% complete and is expected to pour its first gold by the end of 1996.”Even at this early stage in its development, Sadiola will rank amongst the top 25 gold mines in…
Nevsun cuts high-grade gold at Tabakoto
As part of an ongoing drill program at the Tabakoto gold project in the Kenieba region of western Mali, 90% owner Nevsun Resources (NSU-T) has announced drill results from 16 holes.Further testing alo…
Armada merger with Nescor gets nod
Shareholders of Armada Gold (AAU-A) voted in favor of a merger with Robert Friedland’s private company, Nescor.Friedland was elected co-chairman at Armada’s recent annual meeting, joining incumbent bo…
Junior and major team up in Guyana
The government of Guyana has signed an agreement of intent with two mining companies interested in the country’s gold potential.Under the agreement, Placer Dome (PDG-T) will explore prospective proper…
Dia Met mum on target location
Dia Met Minerals (DMM-T) has identified more than 80 geophysical targets in areas marked by anomalous diamond indicator minerals. But the company says it will not disclose the location of the targets …
DIAMOND PAGE — Ursa Major ups stake in Koktasjal
Diamond drill results have induced Ursa Major International (NRI-T) to increase its stake in the Koktasjal deposit in central Kazakhstan.Ursa Major has acquired an option to increase its interest in t…
Goldbelt drilling in Kazakhstan
In central Kazakhstan, Goldbelt Resources (GDB-V) has started drilling on the Kakbit massive sulphide and Ozemy copper porphyry targets.The Kakbit, wholly owned by Goldbelt, is 20 km southeast of the …