News


Canuc, Placer ink Ecuadoran deal

Toronto-based Canuc Resources (CANC-C) has entered into a joint-Venture agreement with Placer Dome (PDG-T) to explore and develop the Nambija gold deposit in southeastern Ecuador.Under the agreement, …



Minorco eyes properties of Triarx Gold

Resource giant Minorco has entered the Papua New Guinea resource sector by forming a joint venture with a Toronto-based junior holding several projects in the Southeast Asian nation.The recent agreeme…


Inter-Rock expands Daisy

Inter-Rock Gold (IRO-T) reports that infill and extension drilling on the northern part of the Mother Lode deposit at its Daisy gold mine near Beatty, Nev., may eventually boost the mine’s tonnage and…


Cumberland reports strong grades at Meliadine

The latest results from the Meliadine West gold project in the Northwest Territories bode well for equal partners Cumberland Resources (CBD-T) and Comaplex Minerals (CMF-T).The project is under option…


PRODUCER & DEALER PRICES (July 14, 1997)

Aluminium: LME settlements US$1,545.50 per tonne, alloy $1,410 per tonne (July 8/97).Antimony: Composite free market, US$2,025 per tonne (July 7/97).Bismuth: Composite free market US$3.85 per lb. (Jul…



Mongolian mining still in infancy

Mongolia is a vast highland country, land-locked between Russia to the north and China to the south. The breakup of the Soviet Union in 1989 ended some 70 years of influence over Mongolia, which has e…




LME Warehouse Levels (July 07, 1997)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 30/97 (change from previous week in brackets):Aluminium670850(-12425)Copper128325(+6075)Lead116500(+550)Nickel52284(-2…


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