PRODUCER AND DEALEAR PRICES
Aluminium: LME settlements US$1,653 per tonne, alloy $1,455 per tonne (Sept. 23/97).Antimony: Composite free market, US$1,910 per tonne (Sept. 23/97).Bismuth: Composite free market US$3.40 per lb. (Se…
News
GLOBAL SEARCH FOR GOLD — Teck eyes gold project in Uzbekistan
Interfax News Agency reports that two Canadian companies are vying to become involved in the Amantaytau Goldfields joint venture, which was set up to mine the Amantaytau and Daugistau gold deposits in…
GLOBAL SEARCH FOR GOLD — Barberton camp struggles with low gold prices — Canadian companies ease up on once-promising projects
The cramped, creaky cage that lowers miners to the depths of Avgold’s Sheba mine is a potent reminder that the Barberton area of South Africa is one the world’s oldest gold camps. For more than 100 ye…
GLOBAL SEARCH FOR GOLD — European Gold tests the luck ‘o the Irish
Toronto-based junior European Gold Resources (EGRI-C), through its wholly owned subsidiary, Omagh Minerals, intends not only to open Ireland’s first modern-day gold mine, but also to market its produc…
GLOBAL SEARCH FOR GOLD — Echo Bay drills Jessup property
A drill program by Echo Bay Mines (ECO-T) will test the Jessup gold property in Nevada’s Churchill Cty.The major recently started its third round of drilling at the property, which is held by Americom…
GLOBAL SEARCH FOR GOLD — Drilling resumes at Sleeper property
Drilling by X-Cal Resources(XCL-T) will test the West Wood, Bedrock, Casino and Ready Line targets at the Sleeper gold property in Nevada’s Humboldt Cty.Earlier this year, X-Cal signed an agreement to…
GLOBAL SEARCH FOR GOLD — Nevsun locates new zones at Kubi
Nevsun Resources (NSU-T) has reported initial trenching results from its 90%-owned Kubi project in Ghana.The trenching was designed to assess the oxide potential of several mineralized zones that exis…
GLOBAL SEARCH FOR GOLD — Geomaque impressed by results from Honduran deposit
Infill drilling continues to return significant grades over substantial widths in the San Juan zone at the Vueltas del Rio gold deposit in northwestern Honduras.Geomaque Explorations (GEP-T) has now r…
EDITORIAL — Innu demand ‘unrealistic’ — Miners have rights too
If Toyota or General Motors announced plans to build a huge manufacturing plant anywhere in North America, people would jump up and down with joy at the prospect of decent jobs and spinoff benefits fo…
GLOBAL SEARCH FOR GOLD — Drilling extends strike at Taylor
Six more drill holes at the Taylor Twp. property of St Andrew Goldfields (SAS-T), about 50 km east of Timmins, Ont., have extended the strike length of the West Porphyry zone both east and west.Two ho…
GLOBAL SEARCH FOR GOLD — Exploration heats up in Barry-Urban area
The gold potential of Quebec’s Barry and Urban twps. has prompted several juniors to acquire additional ground in the region.Among them are Moss Resources (MRS-T) and Greenshield Resources (GSR-M), wh…
American Gem to restructure
The announcement of a US$8.3-million loss in the fiscal year ended March 31 and a subsequent restructing plan have given rise to unprecedented trading in the shares of Montana-based sapphire producer …