Grayd hits massive sulphides
In a continuation of last year’s drilling program, Grayd Resource (GYD-V) has encountered volcanogenic massive sulphide mineralization in the first three stepout holes in the Fosters Creek area of the…
News
Geomaque optimizes mine
Estacion Llano, Mexico — Striving to keep ahead of slumping gold prices, Geomaque Explorations (GEO-T) continues to optimize operating performance at its wholly owned San Francisco gold mine.Since it…
EDITORIAL — Fire-assay checks should be prescribed — Lessons learned the hard way
In early 1994, the salting gang at the Busang ounce factory in Kalimantan realized that the coarse placer gold they were adding to drill-core samples caused “reproducibility problems” between duplicat…
Leader Mining plans merger with Ariel —
Ariel’s previous merger attempt derailed after due diligenceCalgary-based junior Leader Mining International (LMN-A) is attempting to leap from explorer to producer by acquiring Ariel Resources (AU-T)…
MINING MARKETS & INVESTMENT NEWS — QUERY — Aurlot transformed into Black Pearl
As a long-time subscriber to The Northern Miner, I know that in the past you answered questions on mining companies that are seemingly defunct. I would very much like to know what has happened to Cadi…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Juniors seeking NWT diamonds fare well
The Vancouver Stock Exchange mining index fell below the 400 level during the June 10-16 report period, losing 34.63 points, or 8.2%, to close at 387.97. The composite index was down 42.91 points, or …
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — SouthernEra gets boost from diamond deal
A weakened dollar and continued instability in Asian markets contributed to the Toronto Stock Exchange 300 index’s loss of 391.72 points in the report period June 10-16. The index ended the period at …
METAL PRICES — Daily Metal Prices (June 22, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateJune 16June 15June 12June 11Jun…
PRODUCER AND DEALER PRICES (June 22, 1998)
Aluminium: LME settlements US$1,285.50, alloy US$1,215 per tonne (June 16/98).Antimony: Representative mid-market US$1,430 per tonne (June 15/98).Bismuth: Representative mid-market US$3.60 per lb. (Ju…
Barrick options more Queenstake ground
Building on its relationship with Queenstake Resources (QTR-T), Barrick Gold (ABX-T) has acquired options for majority interests inthe junior’s Uchcumachay and South Ancash gold properties in west-cen…
Meetings (June 22, 1998)
June 22, Alaska ApolloJune 22, AlhambraJune 22, AlmadenJune 22, AltavistaJune 22, BisonJune 22, Canadian ArrowJune 22, Christina GoldJune 22, Cons. Gold HawkJune 22, Cons. NevadaJune 22, Currie RoseJu…
BHP seeks partner for Hope Bay gold project
BHP Minerals Canada, a subsidiary of Australian-based Broken Hill Proprietary (BHP-N), reports it is accepting joint-venture offers to develop the Hope Bay gold property, south of Victoria Island in t…