Absolut, Eagle explore in Hungary
The Hungarian government has granted two exploration permits, situated north of Budapest, to Absolut Resources (ALR-A) and Eagle Plains Resources (EPL-A).The permits, covering 58,000 ha of unexplored …
News
Call for papers for British Columbia exploration, geology conference
The British Columbia and Yukon Chamber of Mines and the Society of Economic Geologists are soliciting abstracts for a conference on exploration strategies, to be held Jan. 28-30, 1998, in Vancouver, B…
GOLD FUNDS (October 21, 1996)
Gold Funds as of October 10, 1996BGRCentralNet Value$23.84$6.31Price$18.65…
Spot prices at a glance (October 21, 1996)
Wednesday, October 16, 1996Price (US)Week’s ChangeGold*$380.80- $0.10Silver*$ 5.02…
Ecuadorian firms up Gaby and Cerro Pelado deposits
Ecuadorian Minerals (EMC-T) has completed a 47-hole program of infill drilling on the Gaby gold property in Ecuador.The 11,717-metre program, part of a prefeasibility study, tested a large gold geoche…
LETTER TO THE EDITOR — Exploration potential outweighs possible risks in Colombia
This letter is in response to Tomas Feininger’s recent Odds `n’ Sods article, “Close Calls in Colombia” (T.N.M., Sept. 30/96). We do not intend to take issue with Mr. Feininger about what happened in …
Tri Origin enters JV in Nevada
Toronto-based Tri Origin Exploration (TOE-T) has entered into an agreement with Australian-based Plutonic Resources to explore for gold in Nevada.Plutonic can acquire a 60% stake in the joint venture …
THE DIAMOND PAGE — Klipspringer yields high-value results
Bulk-sampling results from the Klipspringer deposit in South Africa suggest it ranks among the highest-value diamond projects in the world, reports SouthernEra Resources (SUF-T).A 425-tonne sample of …
GREATEST VALUE TRADED (October 21, 1996)
ExchgValue($000s)HighLowCloseChangeBRE-X MnrlsT33…
Auspex steps up work in Portugal
Auspex Minerals (APJ-V) has begun drill-testing the Sao Martinho portion of its Portalegre gold property in east-central Portugal.The initial target of the 70-metre program is the trenched zone that r…
METAL PRICES — FREE MARKET (October 21, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateOct. 15Oct. 14Oct. 11Oct. 10Oct. 9…
PRODUCER PRICES (October 21, 1996)
ALUMINIUM: LME settlements US$1,322 per tonne (Oct. 15, 1996), alloy US$1,188 per tonne (Oct. 8, 1996).ANTIMONY: Composite free market, US$2,175 per tonne (Oct. 9, 1996).BISMUTH: Composite free market…