PRODUCER & DEALER PRICES (January 26, 1998)
Aluminium: LME settlements US$1,480.50, alloy US$1,339 per tonne (Jan.20/98).Antimony: Representative mid-market US$1,735 per tonne (Jan. 20/98).Bismuth: Representative mid-market US$3.35 per lb. (Jan…
News
AFRICA — Normandy advances African gold projects
Canadian mining companies exploring in Africa are finding that their Australian counterparts are equally interested in the continent’s mineral potential.Among the senior Australian companies active in…
DIAMOND NEWS ROUNDUP — Trivalence boosts production
A 9-hole drill program by Trivalence Mining (TMI-V) will test the largest kimberlite pipe identified to date on the Aredor concession in Guinea, West Africa.The Antoshka pipe was first identified by R…
PEOPLE — CONS. GRANBY (January 19, 1998)
William T. Cohan appointed director and vp operations.
PEOPLE — CONS. AGARWAL (January 19, 1998)
Donald A. Lyons appointed director.
Queenston drilling extends Anoki zone
Recent drill results have proven the Anoki gold deposit near Kirkland Lake, Ont., to be larger than previously thought.Operator Queenston Mining (QMI-T) recently released results from two new drill ho…
Leach tests return unexpectedly high values for Northern Crown
Column leach tests have returned higher-than-expected values from Northern Crown Mines’ (NCW-T) Guadalupe de los Reyes project in Mexico.The metallurgical testwork, which was performed by McClelland L…
Dark days for Russian coal mines — Privatization not a quick fix for ailing industry
The Russian government has announced that it will sell or close about one-third of its operating coal mines in 1998 in an effort to unload unprofitable operations and encourage the privatization of th…
GREATEST VALUE TRADED, Jan 7-13
ExchgVal($000s)HighLowCloseChangeBarrick GoldT170…
Juniors consolidate Portuguese interests
International Vestor Resources (IVS-V) has arranged with joint-venture partners Redfern Resources (RFR-T) and Cumberland Resources (CBD-T) to increase its interest in the Aljustrel Mining complex in s…
Phelps Dodge and Silver Century continue work at Stoke property — Silver C explores remaining Ontario and Quebec prospects
Operator Phelps Dodge (PD-N) and joint-venture partner Silver Century Explorations (SVC-A) have resumed drilling at their Stoke and Ascot copper properties northeast of Sherbrooke, Que.The current exp…
Vista unwinds hedge to improve cash position
Vista Gold (VGZ-X) has improved its cash flow by unwinding its gold hedge and suspending mining operations at the Hycroft gold mine in Nevada.The company liquidated its hedging position, which had cov…