Higher prices for cobalt have led to increased production, and demand is expected to grow still further, according to a report released by a London-based firm of analysts.Roskill Information Services …
Englewood, Colo.-based Echo Bay Mines (ECO-X) has increased its land position around the Aquarius gold project, near Timmins, Ont.The company is diamond drilling in an attempt to find the continuation…
Gem River (GR-A) has resumed mining of sapphires at the Lower Dry Cottonwood property in Montana.The company is anticipating mined production of approximately 1.5 million rough carats of sapphire this…
Management of DiamondWorks (DMW-T) plans to spend the proceeds of a proposed $20-Million private placement to advance its diamond and mineral properties worldwide.The placement will be in the form of …
Kennecott Canada, a unit of Rio Tinto (RTP-N), has located a new kimberlite pipe on the Ice property of Lytton Minerals (LTL-T) in the Northwest Territories.The pipe, designated LI-201, is entirely la…
Pelangio Larder Mines (PLLM-C) can earn a 40% interest in two properties staked by Battle Mountain Canada (BMC-T) last September in Temagami, Ont.One property is in Tyrrell Twp. and the other in adjac…
A bill before the Russian Parliament could set the stage for increased foreign investment through “production-sharing” in the country’s natural resources sector.The bill is designed to attract foreign…
Copper production and consumption in Russia are poised to increase following years of weakness attributable to the collapse of the Soviet regime.According to a report from London-based Metal Bulletin …
ExchgVol(000s)CloseBarrick GoldT497930.05Placer DomeT…
Gold Funds as of June 26, 1997BGRCentralNet Value$19.49$5.83Price$15.15$5…
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…
Exploration crews are out in force along the Destor-Porcupine Break, near Timmins, Ont., pleasing the blackflies and the gold bugs in equal measure.* Pentland Firth Ventures (PFO-T) has a new resource…
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