Greatest Value Traded, July 9-15
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News
Spot Prices (July 21, 1997)
Wednesday, July 16, 1997Price (US)Week’s ChangeGold*$319.50+ $3.75Silver*$ 4.32…
Mineral Resources, Australia’s AGD propose merger
Directors of Toronto-based Mineral Resources (MIC-T) and Melbourne-based Australian Gold Development (AGD) have proposed merging the two companies.The proposal involves merging one Mineral Resources s…
Toronto Stock Exchange Indices (July 21, 1997)
1997July 15July 14July 11July 10July 9HighLowComp…
Producer and Dealer Prices (July 21, 1997)
Aluminium: LME settlements US$1,546.50 per tonne, alloy $1,395 per tonne (July 15/97).Antimony: Composite free market, US$2,020 per tonne (July 14/97).Bismuth: Composite free market US$3.80 per lb. (J…
ODDS ‘N’ SODS — Mission: Impossible
Mining properties with mineral grades a little too low for comfort are not new.In fact, The Northern Miner reported on a property with, as it turned out, low grades sometime in the late 1950s or early…
NDT drilling near Voisey’s Bay
Vancouver-based NDT Ventures (NDE-V) is now drilling the Voisey’s Bay donut hole.The Project 61 property, a joint venture with Takla Star Resources (TKR-A), is completely surrounded by the original Vo…
Abacus on the lookout in Alaska
Results from the first seven holes drilled on the Niblack massive sulphide property in southeastern Alaska have expanded, both downdip and along strike to the west, the known area of gold mineralizati…
Metal Prices — Daily Metal Prices (July 21, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJuly 15July 14July 11July 10J…
Diablillos partners step out in Salta
An 11,000-Metre program of stepout drilling is under way on the 3,600-ha Diablillos gold-silver property in the northwestern Argentine province of Salta.The property is held by a jointly owned Argenti…
Grayd Resource drills Dry Creek deposit
At the Dry Creek massive sulphide property, 55 miles southeast of Fairbanks, Alaska, Grayd Resource (GYD-V) is busy with a $1.5-Million program of exploration.The company is targeting the Red Mountain…
DIAMOND PAGE — Botswana finances African projects — Water Fissure program near completion
Funds from a warrant offering are allowing Botswana Diamondfields (BWD-V) to continue exploring several of its diamond projects in Botswana and South Africa.The company raised $9.6 million through the…