Greatest Value Traded, July 9-15
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Articles by Northern Miner Staff
Spot Prices (July 21, 1997)
Wednesday, July 16, 1997Price (US)Week’s ChangeGold*$319.50+ $3.75Silver*$ 4.32…
Mineral Resources, Australia’s AGD propose merger
Directors of Toronto-based Mineral Resources (MIC-T) and Melbourne-based Australian Gold Development (AGD) have proposed merging the two companies.The proposal involves merging one Mineral Resources s…
Toronto Stock Exchange Indices (July 21, 1997)
1997July 15July 14July 11July 10July 9HighLowComp…
Producer and Dealer Prices (July 21, 1997)
Aluminium: LME settlements US$1,546.50 per tonne, alloy $1,395 per tonne (July 15/97).Antimony: Composite free market, US$2,020 per tonne (July 14/97).Bismuth: Composite free market US$3.80 per lb. (J…
NDT drilling near Voisey’s Bay
Vancouver-based NDT Ventures (NDE-V) is now drilling the Voisey’s Bay donut hole.The Project 61 property, a joint venture with Takla Star Resources (TKR-A), is completely surrounded by the original Vo…
Abacus on the lookout in Alaska
Results from the first seven holes drilled on the Niblack massive sulphide property in southeastern Alaska have expanded, both downdip and along strike to the west, the known area of gold mineralizati…
Metal Prices — Daily Metal Prices (July 21, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJuly 15July 14July 11July 10J…
Diablillos partners step out in Salta
An 11,000-Metre program of stepout drilling is under way on the 3,600-ha Diablillos gold-silver property in the northwestern Argentine province of Salta.The property is held by a jointly owned Argenti…
Francisco expands El Sauzal gold discovery
A third phase of drilling at Francisco Gold’s (FGX-V) El Sauzal gold project in Mexico’s Chihuahua state is testing the large-scale epithermal system peripheral to the West and East zones.A resistivit…
KWG set to become significant nickel producer — Company will share laterite project with Cuba
A nickel deal signed with the government of Cuba should more than double the value of assets belonging to KWG Resources (KWG-T).KWG, a 26%-owned affiliate of St. Genevieve Resources (SGV-T), signed a …
Petro Plus finances Blackdome
An agreement between Petro Plus (PPV.A-A) and a private Alberta company is expected to provide the necessary funds to resume operations at the Blackdome gold mine near Clinton, B.C.By month’s end, MCM…