LME WAREHOUSE LEVELS (March 22, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.16/99 (change from Mar. 9 in brackets):MetalStocks (tonnes)Change…
News
NEWS ROUNDUP — First Labrador drilling Ming’s Bight
A drill program by First Labrador Acquisitions (FLI-A) is testing the Ming’s Bight property on Newfoundland’s Baie Verte Peninsula.The work program is aimed at testing the gold and base metal potentia…
Kennecott eyes Afridi Lake
Kennecott Canada Exploration has intersected kimberlite in the first target to be tested on the Afridi Lake property in the Northwest Territories.The Rio Tinto (RTP-N) subsidiary can earn a 60% intere…
Don Indio keeps Stratabound optimistic
Junior Stratabound Minerals (SB-A) has received heartening results from preliminary exploration at its Don Indio polymetallic property in Mexico’s Coahuila state.Don Indio is the smallest of three clo…
Companies (March 22, 1999)
Aber ResourcesAlcan AluminumAnglo AmericanAnglogoldArgentina GoldBarrick GoldBattle Mountain GoldBillitonBroken Hill ProprietaryCambiorCancor MinesClaude ResourcesEuro-Nevada MiningFalconbridgeFarallo…
WESTERN MARKETS — Starcore, ProAm among most active on VSE
The Vancouver Stock Exchange composite index tacked on 3.41 points, or 0.8%, to close the week ended March 16 at 424.67. The mining index followed suit, adding 1.9 points, or 0.6%, to close at 313.85….
Facts ‘n’ Figures — Low stainless demand hits nickel
World consumption of nickel in 1998 is estimated to have fallen to 1 million tonnes from a total of 1.01 million tonnes in the previous year. The decline was the result of decreased demand in stainles…
PRODUCER & DEALER PRICES (March 22, 1999)
Antimony: Representative mid-market US$1,350 per tonne (Mar. 16/99).Bismuth: Representative mid-market US$3.25 per lb. (Mar. 16/99).Cadmium: Representative mid-market US$0.24 per lb. (Mar. 16/99).Chro…
GREATES VALUE TRADED, March 10-16
ExchgVal ($000s)HighLowCloseChangeBarrick GoldT55…
The Northern Miner — North American Mining Index (March 22, 1999)
88.80 (+0.08)(Sept. 30/98 = 100)…
Mountain Lake digs Klipgat gravels
Alluvial diamond mining has begun at the Klipgat 18 concession in South Africa.Mountain Lake Resources (MOA-V) reports that its privately owned partner recovered four stones in February from just over…
Kennecott finds NWT pipe
Kennecott Canada Exploration has found a new kimberlite pipe on a block of ground contiguous with the southern boundary of the Ekati diamond mine in the Northwest Territories.The kimberlite, dubbed EG…