Silver Standard hits high grade in Bolivia
A 40-hole drill program at El Asiento, a silver-gold property in southwestern Bolivia, has returned positive results for Silver Standard (SSO-V).The 4,219-Metre program was drilled to test targets in …
News
GAC returns to place of birth for golden jubilee celebration
The Geological Association of Canada (GAC) recently convened here to celebrate its golden anniversary at a special annual meeting.The meeting was held jointly with the Mineralogical Association of Can…
DIAMOND NEWS ROUNDUP — Lytton reports JD/OD results
Partners Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A) have reported results from a mini-bulk sample conducted on the JD/OD-3 pipe.The pipe is situated under a small lake within the jointly…
Gold Funds (June 09, 1997)
Gold Funds as of May 29, 1997BGRCentralNet Value$21.05$5.88Price$15.85$5.
SPOT PRICES (June 09, 1997)
Wednesday, June 4, 1997Price(US)Week’s ChangeGold*$342.40- $2.30Silver*$ 4.73…
Producer and Dealer Prices (June 09, 1997)
Aluminium: LME settlements US$1,561 per tonne, alloy $1,452 per tonne (June 3/97).Antimony: Composite free market, US$2,200 per tonne (June 3/97).Bismuth: Composite free market US$3.50 per lb. (June 2…
Repadre joins Santa Cruz in Mexico
To fund development of its Magistral gold project in Mexico’s Sinaloa state, Santa Cruz Gold (SCG-T) has completed a $6.8-Million financing deal with Repadre International, a wholly owned subsidiary o…
DIAMOND PAGE — Archangel advances sampling program
In late September, Archangel Diamond (AAD-V) expects to receive initial results from a mini bulk-sampling test of Discovery pipe 441 at the Verkhotina tenement in the Arkhangelsk region of northwester…
LME Warehouse Levels (June 09, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 2/97 (change from previous week in brackets):Aluminium734,600(-19,525)Copper132,500(-4,525)Lead117,825(-300)Nickel52,32…
Armada eyes gold in Chita
Armada Gold (AAU-T) has signed a protocol with the regional administration of Chita Oblast, Russia, addressing the future development of its Baley gold project.The agreement covers various tax issues …
Manhattan’s Morris mine approaches full capacity
The Morris gold-silver mine in Mexico’s Chihuahua state is expected to reach commercial production in the second quarter, reports Manhattan Minerals (MAN-T).During the first quarter, the mine yielded …
Correction (June 09, 1997)
In our issue of June 2, we reported that Bullion Monarch (BMRK-O) had acquired an 80% interest in Knomex Resources (KNO-A). In fact, Knomex is still proceeding with its due diligence review of the pro…