METAL PRICES — FREE MARKET (December 16, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateDec. 10Dec. 9Dec. 6Dec. 5Dec. 4…
News
World Wide to merge with Kazakstan Goldfields
A proposed merger between World Wide Minerals (WWS-T) and Kazakstan Goldfields (KGFC-C) will create the largest foreign-owned mining company in Kazakstan.The surviving entity, World Wide Minerals, wil…
ANNUAL REPORT REVIEW — Sirios acquires Clairy Twp. play
Quebec-based Sirios Resources (SOI-M) has acquired a property near a recent massive sulphide discovery in Clairy Twp., Que.The 9-sq.-km property is 7 km northwest, and along strike, of Soquem’s recent…
ANNUAL REPORT REVIEW — Argosy drilling extends Slovakian deposits
Diamond drilling at the Kremnica project in Slovakia has extended the Sturec gold deposit, held by Argosy Mining (AGO-V).Results from a 29-hole, 3,634-metre program are far beyond the junior’s expecta…
ANNUAL REPORT REVIEW — Minera Andes augments Argentine portfolio
Spokane-based Minera Andes (MAI-A) has added six gold-copper prospects to its portfolio of properties in northwestern Argentina.For three of the prospects a letter of intent has been signed with a pri…
Rio Algom unveils expansion plans in Chile
In keeping with its plan to become one of the world’s largest copper producers, Rio Algom (ROM-T) is proceeding with a second phase of expansion program at its Cerro Colorado mine in northern Chile.An…
Sultan Minerals eyes lead-zinc at Jersey mine
Drilling at the former-producing Jersey lead-zinc mine, near Salmo, B.C., has identified an enriched lead-zinc dolomite horizon.Sultan Minerals (SUL-V) tested the lower Jersey horizon with four holes …
ANNUAL REPORT REVIEW — Lone Star to gain all of Awak Mas
The Awak Mas gold project in Indonesia is now wholly owned by Australian-based Lone Star Exploration (LSE-V).Previously, the junior held a 45% stake in the property. It will purchase the remainder fro…
Guyana Goldfields drills targets at Peters mine property
Drilling by Guyana Goldfields (GGFI-C) is testing the Peters mine gold property, a past producer in Guyana.The initial holes are testing the main shaft area, where previous operators extracted 39,000 …
VenCan reports hot holes at Opoteca
Early results of diamond drilling on the Opoteca concession in central Honduras are providing encouragement to VenCan Gold (VCG-M)Preliminary results were obtained from the first half of an initial 2,…
Soquem forms new joint venture in Quebec
Quebec government-owned Soquem and Capital d’Amerique have formed a joint venture named Sodmex to invest in junior exploration companies and mining producers.Sodmex will acquire Soquem’s portfolio, wh…
METAL PRICES — FREE MARKET (December 09, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateDec. 3Dec. 2Nov. 29Nov. 28Nov. 27…