Miner reps to speak at CIM student night
The Bre-X Minerals fraud will be the topic of discussion at a special meeting of the Canadian Institute of Mining, Metallurgy and Petroleum, to be held Jan. 15 at Toronto’s Ontario Club.The discussion…
News
Armada secures funds for Erdmin project
Armada Gold (AAU-T) has secured financing to continue its expansion of the Erdmin copper plant in Mongolia.The second phase of the expansion is designed to boost daily copper output to 60 from 10 tonn…
Sulliden hits more copper-gold in Peru
Sulliden Exploration (SUE-M) has intersected additional porphyry copper-gold mineralization at its Peruvian project known as Las Huaquillas.In the San Antonio zone, diamond drill hole 17 intersected 1…
DIAMOND PAGE — Redaurum to dispose of mining assets
Toronto-based Redaurum (RRK-T) is leaving the diamond mining business.The company says it has decided to sell its interest in all three of its producing diamond mines because “the full value of curren…
SPOT PRICES (December 22, 1997)
Wednesday, December 17, 1997Price (US)Week’s ChangeGold*$286.10+ $1.05Silver*$ 6.0…
LME WAREHOUSE LEVELS (December 22, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.16/97 (change from previous week in brackets):MetalStock (tonnes)Change…
Drilling to resume at Poracota
Southwestern Gold (SWG-T) and partner Teck (TEK-T) are poised to begin the third phase of drilling at their Poracota gold property in southern Peru.The property is part of the Cotahuasi joint venture….
Voisey’s Bay EIS submitted to government
Inco (N-T) subsidiary Voisey’s Bay Nickel has submitted its environmental impact statement (EIS) for the Voisey’s Bay mine in Labrador.The company expects the environmental review and approval process…
Viceroy options property
in Yukon mining districtViceroy Resource (VOY-T) has inked a deal with Eagle Plains Resources (epl-a) and Miner River Resources (MRG-G) whereby it can earn a 70% interest in the 29-claim McQuesten pro…
PRODUCER AND DEALER PRICES (December 22, 1997)
Aluminium: LME settlements US$1,502, alloy US$1,378 per tonne (Dec. 16/97).Antimony: Representative mid-market US$1,570 per tonne (Dec. 16/97).Bismuth: Representative mid-market US$3.35 per lb. (Dec. …
GOLD FUNDS (December 22, 1997)
Gold Funds as of December 11, 1997BGRCentralNet Value$13.24$6.11Price$ 9.85…
Index (December 22, 1997)
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