PRODUCER PRICES (February 17, 1997)
ALUMINIUM: LME settlements US$1,594 per tonne, alloy $1,507 per tonne (Feb. 4/97).ANTIMONY: Composite free market, US$2,400 per tonne (Feb. 4/97).BISMUTH: Composite free market US$3.15 per lb. (Feb. 4…
News
PEOPLE — MAJOR GENERAL (February 17, 1997)
Glenn Shevchenko appointed president and director; Bernard Kahlert appointed senior technical advisor and director.
THE DIAMOND PAGE — Bulk sample under way at Jericho project
At the Jericho project in the Northwest Territories, diamond explorers Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A) have begun processing a bulk sample of the land-based JD/OD-1 kimberlite…
Sumitomo finds joy at Stone Boy
Drill results from the Stone Boy gold property have triggered increased interest in the Fairbanks district of Alaska.The drill program, which returned a 10.4-metre intersection grading 31.8 grams gold…
MOST ACTIVE ISSUES, Feb. 5-11
ExchgVol(000s)ClosePure Gld ResT111890.38Maymac PeteV…
Amendments announced for Ontario’s Mining Act
In an attempt to eliminate red tape and attract investment in Ontario’s mining sector, the Ministry of Northern Development and Mines has revised the province’s Mining Act.The revisions, which the gov…
EDITORIAL PAGE — Diamonds in the rough
Africa, diamonds and mercenaries are words that fire the imagination and inspire adventure novels. Put them together and you have the makings of a television documentary that delivers something out of…
THE DIAMOND PAGE — Namco is granted new mining licence
The government of Namibia has granted Namibian Minerals (NMR-T) a diamond mining licence for the Koichab prospect, which forms part of the company’s Luderitz Bay grant.The offshore mining company, als…
Commentary — Following the leaders
Jon Baird is managing director of the Canadian Association of Mining Equipment & Services for Export and chairman of the co-ordinating committee of Keep Mining In Canada, a grassroots campaign designe…
Mines in the making — Homestake building Ruby Hill
A new heap-leach gold mine under construction in central Nevada is expected to become the lowest-cost producer of Homestake Mining (HM-N).When it is up and running later this year, the Ruby Hill mine …
Mines in the making — Placer inks deal for Las Cristinas
Construction will begin on the Venezuelan gold mine known as Las Cristinas, following an agreement signed by Placer Dome (PDG-T) and state-owned Corporacion Venezolana de Guayana.The agreement was sig…
Kinross cuts gold on Hoyle property
In the Timmins camp of Ontario, drilling carried out by Kinross Gold (K-TSE) on the Hoyle property has determined that previously drilled gold mineralization has continuity at depth.The property is he…