PRODUCER PRICES (September 02, 1996)
ALUMINIUM: LME settlements US$1,441 per tonne (Aug. 27, 1996), alloy US$1,255 per tonne (Aug. 20, 1996).ANTIMONY: Composite free market, US$2,650 per tonne (Aug. 27, 1996).BISMUTH: Composite free mark…
News
THE GLOBAL SEARCH FOR GOLD SPECIAL — Verdstone, Stirrup drills Victorine
A program of reverse-circulation drilling is under way at the Victorine gold mine property, a past producer 18 miles southeast of Austin, Nev.Joint-venture partners Stirrup Creek Gold (SGU-V) and Verd…
THE GLOBAL SEARCH FOR GOLD SPECIAL — High River boosts stake in Focal
An agreement with a private Alberta company sets the stage for High River Gold Mines (HRG-T) to increase its equity interest in Focal Resources (FCJ-A).Prior to the agreement, High River held 1.05 mil…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Madagan reports production
The Madagan region of Russia sent more than 1.5 tonnes of gold to refineries in the first half of 1996, reports Interfax News Agency. The region is the second-largest producer of the yellow metal in t…
ODDS’N’SODS — Flight of the Polish geologist
One summer’s morning in 1963, the chief geologist at Ontario’s Madsen Red Lake gold mine informed me that I was to locate the drill casing from a hole drilled 20 years previous and that the spot in qu…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Majors account for rise in Alaskan exploration
Gold exploration in Alaska has taken off in the past year, with activity spurred on by renewed work at the Donlin Creek gold deposit and development of the Fort Knox deposit.Amax Gold (AU-N) anticipat…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Arian Resources chases pot of gold in former U.S.S.R.
While many of the large, undeveloped gold deposits in the former Soviet Union will have to dig deep into the pockets of a major in order to move forward, several junior companies are succeeding in acq…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Two Wabigoon bets undergo drilling programs
Two gold prospects in the Dryden area of northwestern Ontario are diverting attention away from the town’s traditional role of pulp-miller.In Zealand and Hartman twps., 25 km east of Dryden, Teck (TEK…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Morgain stakes ground in Mexico
In the Sahuaripa area of Mexico’s Sonora state, Morgain Minerals (MGM-V) has staked three blocks of exploration concessions totalling 33,000 ha.Through a wholly owned subsidiary, the junior optioned s…
MOST ACTIVE ISSUES, August 21-27
ExchgVol(000s)CloseBlack Swan GdT 8863 1.35Bema GoldT…
DIAMOND NEWS ROUNDUP — Trade Winds recovers kimberlite
Drilling on the Drybones Bay kimberlite in the Northwest Territories has recovered more than 1 tonne of sample from a single drill hole, Trade Winds Resources (TDN-V) reports.Collared on the eastern s…
STOCK MARKETS — TSE edges higher after 2-week run
The Toronto Stock Exchange closed a little higher over the period Aug.21-27, following a 2-day slide that took away some of the gains made in an 8-day upward run.The TSE 300 composite index was 22.99 …