GREATEST VALUE TRADED (September 08, 1997)
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PRODUCER PRICES (September 08, 1997)
Aluminium: LME settlements US$1,591 per tonne, alloy $1,425 per tonne (Sept. 2/97).Antimony: Composite free market, US$1,880 per tonne (Sept. 2/97).Bismuth: Composite free market US$3.50 per lb. (Sept…
White, Thomas hit with injunction and charges
The British Columbia Securities Commission (BCSC) has extended temporary injunctions barring each of two directors of Redell Mining (RDC-V) from holding office as a director or officer of a public com…
STOCK MARKETS — A short week and a slow one on Bay Street — Golds and base metals show signs of weakness in a quiet market
The Toronto Stock Exchange traded in a narrow range over the report period Aug. 27-Sept. 2, with its bellwether index finishing not far from where it started. The TSE 300 composite index closed Sept. …
Niocan updates niobium resource
Based on drilling completed this spring, Montreal-based Niocan (NIO-M) has released new resource estimates for its niobium deposit near Oka, Que.The consortium known as MET-CHEM-Pellemon, which is com…
Cerro Mojon mine reaches full production
The Cerro Mojon gold project in Nicaragua has entered commercial production.Owner and operator Greenstone Resources (GRE-T) expects the open-pit, heap-leach operation to yield 28,000 oz. gold during t…
Moris lands Manhattan in black
A year after its first gold pour, the Moris mine in northern Mexico has achieved commercial production.Manhattan Minerals (MAN-T) reports that the mine an — open-pit, heap-leach operation in Chihuahu…
First half disappoints Triton
In spite of higher production and lower cash costs at its gold mine in Nicaragua, Triton Mining (TTM-T) tabled a lacklustre balance sheet for the first half of 1997.The El Limon mine yielded 22,301 oz…
Sampling of C12 kimberlite — yields macros and micros at Commonwealth
vancouverAnalysis of 257.5 kg of core from the C12 kimberlite pipe, situated on the Commonwealth claim block in the Lac de Gras region of the Northwest Territories, has yielded 30 macrodiamonds and 44…
Minorca to buy chunk of McWatters
Minorca Resources (MAR-T), flush with $67 million in cash once earmarked for its Indonesian projects (including a 60% financing of Askatindo Karya Mineral’s 10% share of the Busang gold bluff), will s…
N.B. conference to focus on environmental practices
A conference focusing on environmental practices at Canadian mining operations will be held at the Hotel Beausejour in Moncton, N.B., from Sept.25 to 26.Entitled “Green Challenges at Mining Sites,” th…
OBITUARY — George Finlay
George “Bill” Finlay, a well-known figure in the mining contracting industry, has died. He was 68.Born in North Cobalt in 1928, Finlay graduated from the Haileybury School of Mines in 1947 and began h…