LME WAREHOUSE LEVELS (January 05, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.24/97 (change from Dec. 19 in brackets):MetalStock(tonnes)Change…
Articles by Northern Miner Staff
Gold, base metals remain exploration standbys in 1997
Metals exploration activity in Canada continued apace in 1997, and mineral hunters were just likely to be searching for base metals as for gold.Ontario’s Timmins camp drew explorers like bees to honey…
Pace of discovery in the U.S. falls during the year
The number of mineral discoveries in the U.S. during 1997 is down from last year, though Alaska and Nevada continue to provide the best hunting ground.One of the highlights of the year came from Grayd…
PRODUCER AND DEALER PRICES (January 05, 1998)
Aluminium: LME settlements US$1,488, alloy US$1,360 per tonne (Dec. 22/97).Antimony: Representative mid-market US$1,550 per tonne (Dec. 29/97).Bismuth: Representative mid-market US$3.35 per lb. (Dec. …
TORONTO STOCK EXCHANGE INDICES (January 05, 1998)
1997Dec.26Dec.25Dec.24Dec.23Dec.22HighLowComposit…
Curator exercises option
Vancouver-based International Curator Resources (IC-T) has exercised its option to buy a 100% working interest in the Boleo copper-cobalt-zinc project in Baja California Sur, Mexico.The vendor retains…
Golden Star plans to acquire more shares of Pan African
Golden Star Resources (GSR-X) has offered to purchase all outstanding shares of subsidiary Pan African Resources (PARC-C) that it doesn’t already own.Golden Star intends to offer one Golden Star share…
Eden Roc to close Afema
Eden Roc Mineral (EDN-T) is suspending operations at its 68%-owned Afema gold mine in Ivory Coast as a result of depleted oxide reserves.Eden Roc has already halted mining, though leaching of stockpil…
PEOPLE — GOLDMAX RES. (January 05, 1998)
David Steinepreis elected director.
PEOPLE — ACE DEVELOPMENTS (January 05, 1998)
Tadeusz F. van Wollen appointed director, president and CEO, Jacel Pawlowski appointed director, vp and CFO, and Francis S. O’Kelly appointed director.
DIAMOND PAGE — Diamond exploration picks up steam in 1997
With the Ekati diamond mine in Canada’s Northwest Territories on schedule to begin production in the fall of 1998, diamonds have become an important sub-group of Canadian equity markets.It has been si…
GOLD FUNDS (January 05, 1998)
Gold Funds as of December 24, 1997BGRCentralNet Value$15.00$6.37Price$10.05…