Producer and Dealer Prices (June 09, 1997)
Aluminium: LME settlements US$1,561 per tonne, alloy $1,452 per tonne (June 3/97).Antimony: Composite free market, US$2,200 per tonne (June 3/97).Bismuth: Composite free market US$3.50 per lb. (June 2…
News
Repadre joins Santa Cruz in Mexico
To fund development of its Magistral gold project in Mexico’s Sinaloa state, Santa Cruz Gold (SCG-T) has completed a $6.8-Million financing deal with Repadre International, a wholly owned subsidiary o…
Tan Range eyes Wyldsdale prospect
Vancouver-based Tan Range Exploration (TNX-A) plans to purchase the Wyldsdale gold prospect in southern Africa from JCI of South Africa.The prospect occupies a portion of a 100-sq.-km prospecting lice…
St Andrew extends zone
Continued drilling by St Andrew Goldfields (SAS-T) at its Taylor gold mine in the Matheson area of northeastern Ontario is confirming and extending the West Porphyry zone a further 120 metres westward…
Briggs gets bigger for Canyon
Canyon Resources (CAU-X) has increased minable reserves at the Briggs gold mine, in southeastern California.Drilling has outlined mineralized material at two targets, the North Briggs and Goldtooth, a…
Mar-West, Curion explore in Honduras
reliminary drilling has returned potentially ore grade intercepts at the Sinter gold zone on the San Martin concession in central Honduras.The concession is held by Mar-West Resources (MSR-V) and Curi…
Minefinders adds to Dolores deposit
Third-phase diamond and reverse-circulation drilling has expanded drill-indicated gold and silver mineralization by more than 1,500 metres at Minefinders’ (MFL-V) Dolores property in Mexico’s Chihuahu…
Nord launches exploration in Swayze greenstone belt
Though best known for its mineral projects in Australia and Southeast Asia, Nord Pacific (NORPY-Q) plans to spend up to $4.8 million exploring an advanced gold project in Ontario’s Swayze greenstone b…
Ursa Major explores Nirinsk
Junior Ursa Major International (URS-T) has completed a due diligence review of its 60%-owned Nirinsk licence, situated 210 km northeast of Karaganda in central Kazakstan.The 68-sq.-km licence contain…
Power boon for Akrokeri-Ashanti
A switch to hydroelectric power from diesel is expected to improve the bottom line for junior gold producer Akrokeri-Ashanti Gold Mines (AAGM-C).The junior company operates a small gold mine in Ghana …
ODDS `N’ SODS/ROGER LAFRANCE — A hazardous exit
Rio Algom’s Quirke uranium mine was originally developed, along with the Panel mine and 10 other Elliot Lake operations, between 1955 and 1958.Back in the late 1950s, I was an underground worker at th…
COMMENTARY — Pass the molybdenum, please
Metals generally regarded as essential for human health in trace amounts include iron, zinc, copper, manganese, chromium, molybdenum and selenium.These metals are essential because they form an integr…