NON-FERROUSAugust 1997August 1996
Refined copper41,662 tonnes47,558 tonnesPrimary copper53,174 tonnes58,507 tonnesRefined nickel11,573 tonnes9,143 tonnesPrimary nickel16,161 tonnes13,828 tonnesGold15.6 million grams14.4 mil…
News
Northern Crown sizes up asset — Prefeasibility study estimates resource for Guadalupe de los Reyes
In a prefeasibility study, Northern Crown Mines (NCW-T) estimates its Guadalupe de los Reyes project in western Mexico contains a total of 12.1 million tonnes grading 1.94 grams gold and 40.7 grams si…
Gabriel expands resource at Romanian gold project
The Rosia Montana gold-silver project in Romania is shaping up as one of Europe’s biggest.Operator Gabriel Resources (GBU-T) reports that an independent estimate on Rosia Montana pegged inferred miner…
Pioneer explores Riou Lake
Results from a reconnaissance geochemistry program have induced Pioneer Metals (PSM-T) to stake 10,000 ha contiguous to its Riou Lake uranium property in the Athabasca Basin of northern Saskatchewan.T…
Fairmile expands Buffalo Valley resource — Echo Bay monitoring drill program at Nevada property
Fairmile Gold (FLA-A) has reported encouraging results from a reconnaissance drilling program at its Buffalo Valley gold project in Nevada’s Battle Mountain trend.Reconnaissance drilling expanded, fro…
Alto, Noront hit sulphides
Partners Noront Resources (NOT-V) and Alto Minerals (ATO-V) have intersected sulphides in two holes on their Windfall property, near Lebel-sur-Quvillon, in northwestern Quebec.Collared on a surface sh…
Antares boosts resources
Operator Antares Mining and Exploration (ANZ-T) has revised resource estimates for two zones on its Ojolali gold property in Sumatra, Indonesia.Resources at the South Tambang zone now stand at 3.89 mi…
COMMENTARY — B.C.’s plan for the future
British Columbia’s mining industry has developed a proposal called Mining Jobs 2000, a plan whereby government and industry work together to achieve the goal of meaningful job creation.The government’…
GOLD FUNDS (December 15, 1997)
Gold Funds as of December 4, 1997BGRCentralNetValue$14.71$5.73Price$ 9.70…
FACTS ‘N’ FIGURES — Palladium demand on rise
Supplies of palladium in 1997 stand at 5.65 million oz., well short of the demand of 7.44 million oz., according to a report published by London-based metals trader Johnson Matthey.The study, entitled…
Armenian moly producer searching for partner
Armenia’s molybdenum industry is on the rebound , and the country’s largest producer is seeking a foreign partner to help finance and build a new processing plant.Moly in the country is produced chief…
Gold industry pulls in its horns — Rating service downgrades producers; Kinross to close QR
The gold price plunged again over the past week, crashing through its Feb.25, 1985, low of US$284.25 on Dec. 9, and causing further concern that gold producers will be forced to close their highest-co…