Metal Prices (April 17, 2000)
DateApr. 11Apr. 10Apr. 7Apr. 6Apr. 5BASE METALS (London Metal Exchange–Midday official cash/3-month prices, US$ per tonne)…
News
Producer and Dealer Prices (April 17, 2000)
Antimony: Mid-mkt US$1,100/t.Bismuth: Mid-mkt US$3.95/lb.Cadmium: Mid-mkt US$0.19/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$15.45-17.40/lb.Copper: Comex May US$0.78/lb.Indium: Indi…
Drilling extends Platreef mineralization
The latest hole in an ongoing drill program at the Platreef platinum-palladium-rhodium-gold (PGM) property in South Africa has hit mineralization 200 metres along strike of the previously known zone.H…
Fancamp tests Kourouba
Fancamp Exploration (FNC-V) has begun pit-sampling a promising gold-in-soil anomaly at its Kourouba property in southwestern Mali.Kourouba covers 200 sq. km of the regional Kalana greenstone belt. The…
Gold Fields inks JV deal Down Under
South African producer Gold Fields (GOLD-Q) has formed a joint venture with Tanami Gold to explore the Solitaire project in Australia’s Northern Territory.Gold Fields can earn an initial 25% interest …
Writedowns pull SouthernEra into red
Writedowns eroded what would otherwise have been a profitable year for SouthernEra Resources (SUF-T).In 1999, net losses totalled $24 million (or 90 per share) on revenue of $48 million, compared wit…
Correction (April 17, 2000)
In our April 10 issue, we incorrectly stated that the Majistral deposit in Peru, held by Inca Pacific Resources (IP-V), has reserves of 500 million tonnes averaging 1.2% copper, 1% zinc, and 0.03% mol…
Crew acquires sulphur deposit in Philippines
In an attempt to secure a stable sulphur supply for its proposed heap pressure acid leach (HPAL) nickel laterite project on the Philippine island of Mindoro, Crew Development (CRU-T) has acquired a 10…
Court rules in Aber’s favour in lawsuit
To the surprise of few and the dismay of Winspear Resources (WSP-T), the Supreme Court of British Columbia has ruled that Aber Resources (ABZ-T) can retain its 32.24% stake in the promising Camsell La…
Process-shopping
The mining industry, and anyone else with an interest in land use, resource conservation, and northern economic development, should be watching developments in an application brought to the Federal Co…
MABC cited for school program
The Mining Association of British Columbia’s education program was selected by the Conference Board of Canada as this year’s winner of the Royal Bank Partners in Education award, the province’s top pr…
LionOre makes deal with Inco
LionOre Nickel (Australia) has negotiated a long-term off-take agreement with Inco (N-T) for the sale of nickel concentrate from its wholly owned Emily Ann project in Western Australia. LionOre Nickel…