PRODUCER AND DEALER PRICES (May 25, 1998)
Aluminium: LME settlements US$1,339, alloy US$1,227 per tonne (May 19/98).Antimony: Representative mid-market US$1,500 per tonne (May 19/98).Bismuth: Representative mid-market US$3.90 per lb. (May 19/…
Articles by Northern Miner Staff
Redhawk prepares for drilling
A drilling program is scheduled to begin in early June at Redhawk Resources’ (RDK-V) Remac zinc project in southern British Columbia.The project, which lies 12.4 miles southeast of Trail, covers 9 sq….
Rio Narcea opens El Valle mine
Centuries after gold was first found in the mist-shrouded hills of northern Spain, Emperor Augustus sent in seven legions comprising thousands of men to subdue local tribes and secure mines that event…
Stillwater surges ahead after completing expansion
Nye, Mont. — Stillwater Mining is hitting full stride at North America’s only primary platinum-palladium producer, the company’s namesake mine.And with the size of its hedge position diminishing, the…
Copper price drags down Novicourt
Lower copper prices took a bite out of the first-quarter revenues of Novicourt (NOV-T), sending the base metal miner into the red.For the first three months of 1998, Novicourt, 61% owned by Noranda (N…
Moss expands presence in Timmins
Junior Moss Resources (MRS-T) has acquired the Southern Cross base metal property, 30 km south of Timmins, Ont.While some of the 3,092-ha property was bought outright, 84% is held under an option agre…
GOLD AND PRECIOUS METAlS — Western Quebec Mines set to explore Wesdome property — Two-year program to include drifting and drilling beneath Lac de Montigny
After spending the last year consolidating its holdings in the Val d’Or camp and raising a total of $16.5 million, Western Quebec Mines (WGM-T) is about to embark on a 2-year exploration campaign at i…
GOLD AND PRECIOUS METAlS — High River starts feasibility study at Taparko
Tougouri, Burkina Faso — Having drilled-off a substantial gold resource at its Taparko project in this hot, dry region of West Africa, High River Gold (HRG-T) is ready to start designing a mine.The c…
GOLD AND PRECIOUS METAlS — Altius rolls dice on epithermal model for central Newfoundland
Central Newfoundland is well known for its base metal potential, but Altius Minerals (ALS-A) believes it is geologically suited for gold targets as well.The newly listed junior is using an epithermal …
GOLD AND PRECIOUS METALS — Mispec tests targets at Jampang
What copper-gold porphyry deposits lack in grade, they more than compensate for in volume, making them one of the most sought-after geological targets. For this reason, Mispec Resources (MPE-M) has se…
GOLD AND PRECIOUS METALS — Cumberland expands gold resources in NWT — Drilling reveals high-grade additions at Meadowbank property
Recent drilling by Cumberland Resources (CDB-T) has added high-grade gold resources to the Meadowbank gold deposit, situated 70 km north of the ocean-accessible community of Baker Lake, N.W.T.Meadowba…
GOLD AND PRECIOUS METALS — Rubicon tests extension of Red Lake gold trend
A recent drill program in the Red Lake area of northwestern Ontario suggests the structure that plays host to the camp’s two biggest mines has potential to hold more mineralization along strike.Rubico…