Rio Algom, Inmet expand Antamina deposit
Once again, partners Rio Algom (ROM-T) and Inmet Mining (IMN-T) have boosted the resource estimate of the Antamina copper-zinc deposit in Peru.The total in-pit resource is now pegged at a minimum of 5…
News
DIAMOND PAGE — Trivalence increases production in Guinea
Junior Trivalence Mining (TMI-V) reports an increase in test-phase diamond production at its Aredor diamond concession in Guinea, West Africa.In June, the company processed 20,203 tonnes of alluvial m…
Partners expand Peruvian gold project
Equal partners Pangea Goldfields (PGD-T) and Sundust Resources (SUN-M) have intersected additional mineralization at the Victoria gold project in Peru.Pangea, which is managing the exploration effort,…
EPA fines Cominco
Cominco Alaska, a wholly owned subsidiary of Cominco (CLT-T), will pay a US$1.7-Million fine to the U.S. Environmental Protection Agency for various Clean Water Act infractions that occurred during th…
Homestake eyes Polish potential
Homestake Mining (HM-N) can earn a minimum 75% interest in several gold properties in western Poland controlled by FX Energy, an oil and gas firm based in Salt Lake City, Utah.Homestake will spend US$…
ConSil increases Mexican resource
Idaho-based ConSil (CS-V) will buy the assets of Minas la Colorada, a Mexican company which owns two silver mines in Zacatecas state.ConSil reached the agreement with the principal shareholders of Min…
Greatest Value Traded, July 9-15
ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…
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…