Campbell forges ahead in Panama
With a positive feasibility study complete, Campbell Resources (CCH-T) is moving to develop its Cerro Quema gold deposit in southwestern Panama.The property hosts two epithermal gold deposits (La Pava…
News
THE DIAMOND PAGE — More stones recovered from Crater of Diamonds
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…
Private-sector mine represents Quantum leap for Zambia
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…
TSE SHORT POSITIONS (December 16, 1996)
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…
Madsen Gold on fast track to re-enter production
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…
METAL PRICES — FREE MARKET (December 16, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateDec. 10Dec. 9Dec. 6Dec. 5Dec. 4…
PRODUCER PRICES (December 16, 1996)
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. …
Inco settles on site for Voisey’s Bay smelter
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…
LME Warehouse Levels (December 09, 1996)
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 gov’t reports new showings
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…
Drilling extends Jean-Gobele property at depth
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…
Cambior suspends zinc operation
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…