PRODUCER AND DEALER PRICES (March 30, 1998)
Aluminium: LME settlements US$1,432, alloy US$1,275 per tonne (Mar. 24/98).Antimony: Representative mid-market US$1,600 per tonne (Mar. 24/98).Bismuth: Representative mid-market US$4.05 per lb. (Mar. …
1998
Noble Peak set to search for South African gems
Junior Noble Peak Resources (NPK-A) is preparing to start a program of infill drilling and bulk sampling in early April on a set of South African properties optioned from Mountain Lake Resources (MOA-…
STOCK MARKETS — Rising precious metal prices pull up major gold stocks — Crystallex shares dive on Venezuelan congressman’s remarks
The Toronto Stock Exchange 300 composite index ended the report period of Mar. 18-24 at a record high of 7,551.23, up 110.86 points, or 1.5%, over its March 17 showing.The Canadian dollar fell 13 basi…
Iamgold, Anglo bring Niamboulama to feasibility
Having completed their due-diligence review, equal partners Iamgold (IMG-T) and Anglo American are proceeding with a feasibility study of the Niamboulama gold deposit on the Yatela concession in weste…
Western Copper, Teck unearth more mineralization at San Nicolas
Western Copper Holdings (WTC-T) and joint-venture partner Teck (TEK-T) have released further drill results from the San Nicolas project in Mexico’s Zacatecas state.Drill hole SAL-40, collared 100 metr…
Birim advances Ghana prospect
Junior gold explorer Birim Goldfields (BGI-T) is carrying out mapping and channel sampling at its Bui property in central Ghana, following an encouraging program of soil and chip sampling.More than 5,…
The unsung sparkle of Wyoming
While I was reading The Northern Miner this morning, I kept thinking about a Canadian I had talked to. I was amazed that his company has staked more than 1 million acres of land on speculation for dia…
Meetings (March 23, 1998)
Mar. 25, ArloMar. 25, Geo PiajaMar. 25, GoldtexMar. 25, Pamlico GoldMar. 25, Redell MiningMar. 25, Walking BearMar. 25, Winslow GoldMar 26, AurizonMar. 26, Bard Silver & GoldMar. 26, DMR ResourcesMar….
OGS improves mineral potential of northern Ontario
Discoveries made by Ontario Geological Survey (OGS) geologists have boosted the mineral potential of the Kapuskasing and Marathon areas.A soil sampling project being completed by OGS staff in the Kapu…
Lower gold price shrinks Pegasus reserves
A recalculation of proven and probable reserves in light of lower gold prices dramatically reduced the ounces of the yellow metal attributed to Pegasus Gold (PGU-M).Excluding the contribution from the…
Freeport hunkers down to reduce costs at Grasberg
In light of lower metal prices, Freeport McMoRan Copper & Gold (FCX-N) intends to implement new operating plans at its Grasberg copper-gold mine in Irian Jaya, Indonesia.The company plans to focus its…
Companies (March 23, 1998)
Abcourt MinesAber ResourcesAgnico-Eagle MinesAlberta EnergyAmerican GemAnglo AmericanAnzex ResourcesAsarcoAshton Mining of Can.Asquith ResourcesAzco MiningBattle Mountain GoldBirim GoldfieldsCallinan …