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$4.05 per lb. (Mar. …
Articles by Northern Miner Staff
STOCK MARKETS — Rising precious metal prices pull up major gold stocks — Crystallex shares dive on Venezuelan congressman’s remarks
The Toronto Stock Exchange 300 composite index ended the report period of Mar. 18-24 at a record high of 7,551.23, up 110.86 points, or 1.5%, over its March 17 showing.The Canadian dollar fell 13 basi…
METAL PRICES — Daily Metal Prices (March 23, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMar. 17Mar. 16Mar. 13Mar. 12Mar…
DIAMOND PAGE — De Beers samples TNK property
Initial sample testing by the Botswanan prospecting arm of De Beers Consolidated Mines (DBRS-Q) has turned up macrodiamonds in three of four kimberlite pipes discovered in 1997 by TNK Resources (TNKR-…
Quebec seeks tougher mining regs
Prompted by the Bre-X Minerals debacle, the Commission des valeurs mobiliers du Quebec (CVMQ) has introduced new regulations designed to boost the credibility of mining companies in the Quebec securit…
MOST ACTIVE ISSUES, Mar. 11-17
ExchgVol(000’s)Close.ZSInco LtdT474227.20TVX Gold IncT…
DIAMOND PAGE — Diamond output adds to Trivalence bottom line
Diamond production from the Aredor concession in Guinea provided Vancouver-based Trivalence Mining (TMI-V) with a healthy profit in the fourth quarter of 1997.Revenue from Aredor totalled $7.5 million…
Arcon takes shine to Princess
By signing a letter of intent, Princess Resources (PRL-V) has enabled Dublin-based Arcon International Resources to gain a toehold entry into its exploration projects in China and Africa.Arcon will su…
Tyranex seeks gold in Montana
Toronto-based Tyranex Gold (TXGI-C) intends to raise $10 million so that it can buy the Mineral Hill gold mine in Montana from TVX Gold (TVX-T).The deposit contains a drill-indicated minable reserve o…
Second high-grade zone identified at Lejano — Yamana believes deposit occupies margin of a caldera
Yamana Resources (YRI-T) has discovered a second high-grade gossanous zone at the Lejano silver prospect in southern Argentina, significantly expanding the known area of mineralization.Nineteen rock c…
Tri Origin advances Calarie
Partners Tri Origin Exploration (TOE-T) and Delta Gold of Australia are preparing to begin a drilling program at their equally-shared Calarie gold property in New South Wales, Australia.Targets for th…
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,…