Almost half of a planned 10,000-tonne bulk sample from the Crater of Diamonds state park in Arkansas has been processed.Under the operatorship of the state department of Parks and Tourism, a bulk-samp…
In Zambia, construction has begun on the country’s first private-sector copper mine in 25 years.The Bwana Mkubwa project, a former producer now owned by First Quantum Ventures (FQV-V), comprises 5,800…
Short positions outstanding at November 29, 1996Larger individual positions included: Abacan Resource 14,500, down 91,700; Barrick Gold 12,001,996, up 2,399,078; Agnico-Eagle 545,385; Archer Resources…
After 20 years of inactivity, the Madsen gold mine in the Red Lake camp of northwestern Ontario is showing definite signs of life. The former producer, now wholly owned by Madsen Gold (MGF-T), is expe…
London Metal ExchangeMidday bid-ask prices in $US per tonneDateDec. 10Dec. 9Dec. 6Dec. 5Dec. 4…
ALUMINIUM: LME settlements US$1,478.50 per tonne, alloy US$1,327 per tonne (Dec. 10/96).ANTIMONY: Composite free market, US$2,075 per tonne (Dec. 10/96).BISMUTH: Composite free market US$3.30 per lb. …
Nickel giant Inco (N-T) has announced that a former U.S. naval base in Newfoundland will be the site of a US$1-billion, smelting and refining complex to process concentrates from the massive nickel-co…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec. 2/96 (change from previous week in brackets):Copper93,475(+3,425)Tin9,520(+105)Lead121,475(+5,100)Zinc526,975(-3,07…
Quebec provincial geologists report new copper-nickel showings near the Lac Volant claims, northeast of Sept-Iles.The province reports nine showings in the Havre-Saint-Pierre sector, and four showings…
Partners Emerging Africa Gold (EAG-C) and West Africa Mining Exploration (SMF-M) are proving up the Jean-Gobele gold property in Guinea.In a 5-hole program, southeast of the main Gobele vein, the part…
Montreal-based Cambior (CBJ-T) has suspended zinc production at its Gonzague-Langlois mine, near Lebel-sur-Quevillon, Que.The temporary closure is attributed both to weak zinc prices and the need to m…
After completing a reconnaissance drill program, Inmet Mining (IMN-T) has terminated its option on Takla Star Resources’ (TKR-A) Ubina gold-silver project in Bolivia.The best values encountered in the…
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