LME WAREHOUSE LEVELS (August 25, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Aug.18/97 (change from previous week in brackets):MetalStocks(tonnes)Change…
News
DIAMOND PAGE — More kimberlite found at Klipspringer project
SouthernEra Resources (suf-t) has found a kimberlitic body on a strike extension of the Sugarbird fissure on its Klipspringer project in South Africa’s Northern province.The new body has been traced i…
Zinc improves economics at Boleo — International Curator seeks partner for development
Armed with a prefeasibility study that indicates its El Boleo copper-cobalt deposit in Baja California Sur, Mexico, is economic, International Curator Resources (ic-t) plans to hold discussions with p…
Crew-led consortium awarded Zambian copper mine
A consortium led by Vancouver-based Crew Development (cru-t) has been awarded the Chibuluma copper project in Zambia as part of the privatization of Zambia Consolidated Copper Mines (ZCCM).The Chibulu…
DIAMOND PAGE — De Beers flies high in first half
During the first six months of 1997, earnings for South Africa-based De Beers Consolidated Mines (dbrs-q) increased to US$507 million, compared with US$482 million in the first half of 1996.The rise i…
Boliden’s Canadian launch off to strong start — Low operating costs translate into profits
Newly incorporated in Canada, and sporting 11 European mines and two smelters from parent company Trelleborg, Boliden (bol.ir-t) has seen its first-half earnings increase 55%, compared with those repo…
METAL PRICES — Daily Metal Prices (August 18, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateAug. 12Aug. 11Aug. 8Aug. 7Aug…
EDITORIAL — The spread between cash costs and all-in’ costs — Mining ore
. . . or not?Maurice Brown, former editor and publisher emeritus of The Northern Miner, was an enthusiastic supporter of the mining industry during his 43 years with the paper. Mort, as he is affectio…
DIAMOND PAGE — Ashton identifies additional kimberlite
Diamond explorer Ashton Mining of Canada (aca-t) has discovered yet another kimberlite at the Buffalo Hills project in northern Alberta, bringing to 16 the number found since January.Newly discovered …
STOCK MARKETS — Vancouver’s mining index heads skyward — Solid drill results from several projects bolster western markets
The Vancouver Stock Exchange composite index gained 9.46 points over the report period ended Aug. 12 to close up 1.1% at 834.3, whereas the mining index finished 13.71 points higher at 753.93, for a g…
Rains force work suspension at Poura
A flash flood has caused Sahelian Goldfields (shgi-c) to suspend its underground rehabilitation and development program at the Poura gold mine in Burkina Faso.Sahelian reports that 70 mm of rain, fall…
TSE INDICES (August 18, 1997)
1997Aug 12Aug 11Aug 8Aug 7Aug 6HighLowComposite30…