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…
News
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…
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…
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…
Toronto Stock Exchange Indices (July 21, 1997)
1997July 15July 14July 11July 10July 9HighLowComp…
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…
Spot Prices (July 21, 1997)
Wednesday, July 16, 1997Price (US)Week’s ChangeGold*$319.50+ $3.75Silver*$ 4.32…
Greatest Value Traded, July 9-15
ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…
Underground program proceeds at Beaver Brook — Exploration aims to expand reserves
With mill construction now complete, Roycefield Resources (RYC-T) expects to begin processing antimony ore next month at its Beaver Brook project in central Newfoundland.The company spent $4.6 million…
GOLD FUNDS (July 14, 1997)
Gold Funds as of July 03, 1997BGRCentralNet Value$19.36$5.69Price$14.85$5…
Mongolian mining still in infancy
Mongolia is a vast highland country, land-locked between Russia to the north and China to the south. The breakup of the Soviet Union in 1989 ended some 70 years of influence over Mongolia, which has e…
STOCK MARKETS — Gold drops like a brick as western markets stumble — Junior explorers hit hardest, despite good news for some
Gold tumbled to a 12-year low during the report period ended July 8, with western markets following close behind. The Vancouver Stock Exchange composite index lost 60.86 points, or 7.03%, to close at …