Marum comes up empty
Analysis of the first 20-tonne portion of a 100-tonne bulk sample at the Temiscaming, Que., project of Marum Resources (MMU-A) has revealed no diamonds. Marum will further analyze all sample concentra…
News
GREATEST VALUE TRADED, Jan. 15-21
ExchgValue($000s)HighLowCloseChangeBre-X MnrlsT22…
GOLD FUNDS (January 27, 1997)
Gold Funds as of January 16, 1997BGRCentralNet Value$21.80$5.80Price$17.60…
Cons. Nevada trading in Germany
Consolidated Nevada Goldfields (KNV-T) has begun trading on two more German stock exchanges.In addition to the Stuttgart exchange, the company now trades on the Frankfurt and Berlin stock exchanges.
Rio resumes work on Ecuadorean play
Drilling at the Guabisay gold-silver-copper property in Ecuador is set to resume, based on results from the first hole.Rio Amarillo Mining (RIO-V) reports that hole 1 intersected: 19.5 metres grading …
METAL PRICES — FREE MARKET (January 27, 1997)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJan. 21Jan. 20Jan. 17Jan. 16Jan. 15…
PRODUCER PRICES (January 27, 1997)
ALUMINIUM: LME settlements US$1,608 per tonne, alloy $1,535 per tonne (Jan. 21/97).ANTIMONY: Composite free market, US$2,350 per tonne (Jan. 21/97).BISMUTH: Composite free market US$3.25 per lb. (Jan….
LME WHSE LEVELS (January 27, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.20/97 (change from previous week in brackets):Aluminium963,325(-5,175)Copper143,225(+11,750)Lead115,375(-2,275)Nickel49,…
Infill drilling adds to Agua Rica
The latest results from infill drilling are adding more promise to the Agua Rica porphyry copper deposit in Argentina.Situated in Catamarca province, the project is a joint venture between Northern Or…
STOCK MARKETS — Gold’s slide doesn’t faze TSE
Seven consecutive winning days pushed the Toronto Stock Exchange’s composite 300 index beyond the 6,100 mark for the first time ever during the Jan. 15-21 trading period. The index hit record highs on…
Placer gains majority stake in Highlands Gold
Gold giant Placer Dome (PDG-T) now owns more than 58% of the shares of Highlands Gold, a Papua New Guinean mining company”We have received a high level of acceptances and are happy with the outcome of…
Chivor resumes development work at Colombia’s Oriente emerald mine
Following a short holiday break, Chivor Emeralds (CHIV.U-C) has resumed operations at its Oriente emerald mine in the Chivor district of Colombia.Chivor has an 80% interest in the mine and is concentr…