PRODUCER PRICES (September 30, 1996)
ALUMINIUM: LME settlements US$1,355.50 per tonne (Sept. 24, 1996), alloy US$1,197 per tonne (Sept. 20, 1996).ANTIMONY: Composite free market, US$2,500 per tonne (Sept. 23, 1996).BISMUTH: Composite fre…
News
METAL PRICES — FREE MARKET (September 30, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateSept. 24Sept. 23Sept. 20Sept. 19Sept. 18…
METALS COMMENTARY — World gold output on the rise with South Africa as top producer
Worldwide gold production is expected to increase over the next three years, to 83.1 million oz. by 1998, according to The Gold Institute’s annual World Gold Mine Production forecast.South Africa cont…
Greenland yields diamond discovery for Platinova A/S
A recent diamond discovery in western Greenland will be followed up with a $6.5-million exploration program over the next year.Toronto-based Platinova A/S (PAS-T) recovered the clear, white stone whil…
Consolidated Nevada finds more Alaskan gold
Exploration in the vicinity of the Nixon Fork gold mine, near McGrath, Alaska, has uncovered a low-grade gold occurrence.Consolidated Nevada Goldfields (KNV-T) reports that drilling has confirmed the …
ODDS’N’SODS — Close calls in Colombia
Thirty years ago, it was not uncommon for geologists and miners to engage in job-hopping. A new employer, however, was no guarantee of improvement.From 1964 to 1969, I was in charge of a U.S Geologica…
STOCK MARKET — Mines left gasping as TSE sets records
The Toronto Stock Exchange composite index set four records in five trading days over the report period Sept. 18-24, to finish at 5299.66 points, up 31.18 points, or 0.6%, on the week.Trading volumes …
NEWS IN BRIEF (September 23, 1996)
First Quantum Ventures (FQV-V) has changed its name to First Quantum Minerals (FM-V).
PEOPLE –ROYCEFIELD RES.
Philippe DesRosiers appointed director.
PEOPLE –ROYAL ROADS
D. Grenville appointed director.
PEOPLE –RIVER GOLD MINES
Michael Power appointed vice-president of corporate development.
PEOPLE –RICHLODE INVESTMENTS
James Irwin appointed director.