LME WHSE LEVELS (November 03, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Oct. 27/97 (change from previous week in brackets):MetalStock(tonnes)Change…
News
Sampling serves Indomin
Geochemical sampling on two Indonesian properties held by Indomin Resources (IRL-V) has revealed potential areas of gold-bearing mineralization.At the Busang North project in Kalimantan, six of 13 loo…
Blackstone Res. Hits nickel-zinc in Yukon Territory
Reconnaissance drilling by partners Blackstone Resources (BZZ-A) and Glenhaven Resources (GNN-A) has encountered a stratigraphically controlled nickel-zinc horizon on the Taiga property, 100 km northe…
Native group signs agreement in Yukon
The Laird First Nation and Cominco have signed a socio-economic participation agreement related to the Sa Dena Hes polymetallic mine in southeastern Yukon.The partners agreed to work together in a spi…
Wheels turn slowly for Crown Butte Res.
Slow progress is better than none at all for Crown Butte Resources, which is still waiting for the U.S. government to provide compensation for the expropriation of its New World gold project in southe…
Cameco earnings climb
The first nine months of 1997 saw Cameco (CCO-T) make modest gains in revenues and earnings from operations.Net earnings actually declined, however, as a result of a $44-million deferred income tax ex…
Russian miners eye TSE listing
The Lebedinsky mine, Russia’s biggest iron ore operation, is seeking to have its securities listed on the Toronto Stock Exchange.General Director Anatoly Kalashnikov told a Moscow press conference tha…
MOST ACTIVE ISSUES (November 03, 1997)
ExchgVol(000s)CloseDonner ResV93983.10 C…
NEWS IN BRIEF (November 03, 1997)
Consolidated Nu-Media Industries (CSM-V) has changed its name to Pan Asia Mining (PAR-V).
Morning Star returns to production
Nevada Manhattan Mining (NVMH-O) intends to place the Morning Star gold mine back in production after it buys the operation from owner Vanderbilt Gold (VAGO-O).The companies are still negotiating a pr…
DIAMOND PAGE — DiamondWorks sells gems
Vancouver-based DiamondWorks (DMW-T) has received more than US$3.1 million from the sale of its first parcel of diamonds from the Luo diamond mine in northeastern Angola.The parcel, sold in Antwerp, B…
SPOT PRICES (November 03, 1997)
Wednesday, October 29, 1997Price (US)Week’s ChangeGold*$313.70- $9.00Silver*$ 4.79…