A month or so ago, western markets were hit by the double whammy of low gold prices and the post-Bre-X blues. But over our report period ended Aug.5, a pulse and a heartbeat could be heard on both the…
1997Aug 5Aug 4Aug 1July 31July 30HighLowComposite…
Aluminium: LME settlements US$1,723.50 per tonne, alloy $1,490 per tonne (Aug. 5/97).Antimony: Composite free market, US$1,900 per tonne (Aug. 5/97).Bismuth: Composite free market US$3.70 per lb. (Aug…
Recent drilling has confirmed the presence of a wide zone of copper mineralization within a known massive sulphide deposit at the Estaco base metal project in the Aljustrel area of southern Portugal.F…
Despite a generally positive feasibility study for the Amayapampa gold project in Bolivia, Vista Gold (vgz-x) says mining would be uneconomic unless gold prices rise above US$350 per oz.The study call…
Rio Tinto (rtp-n) has farmed out a minority interest in the Wafi copper-gold porphyry in Papua New Guinea to an Australian firm.The British giant has given Provincial Gold Fields the opportunity to ac…
Toronto-based junior Golden Goose Resources (ggr-t) has revised the resource estimate for its Magino gold mine property, 45 km northeast of Wawa, Ont.The company is hoping to revive the former undergr…
High River Gold Mines (hrg-t) has upgraded to 1 million oz. its gold resource estimate for three deposits on the Taparko Shear zone in Burkina Faso.The indicated and inferred resource for the three zo…
The mining potential of the Democratic Republic of Congo, though tremendous, has not been properly exploited.As a result of the lack of exploitation of our natural resources, we are experiencing pover…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateAug. 5Aug. 4Aug. 1July 31July…
Drilling by Uranerz has almost doubled the gold resource at the Converse gold property in northwestern Nevada.A 25-hole drill program on the property, 180 km northeast of Reno, has now outlined 39 mil…
Gold Funds as of July 24, 1997BGRCentralNet Value$18.18$5.44Price$13.95$5.450Discount23.26%Premium0.2%Value$135,088,000$98,641,185…
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