STOCK MARKETS — Bre-X debacle leaves TSE bloody
The Toronto Stock Exchange looked like it was having a routine week, until the junior mines went over the cliff.The chain of events started with an announcement, on the morning of March 26, that tradi…
Articles by Northern Miner Staff
Spot prices at a glance (March 31, 1997)
Wednesday, March 26, 1997Price (US)Week’s ChangeGold*$346.80- $2.15Silver*$ 5.09…
MOST ACTIVE ISSUES (March 31, 1997)
ExchgVol(000’s)CloseBre-X MnrlsT2434415.50Rochester MinlV…
TSE INDICES (March 31, 1997)
1997Mar 25Mar 24Mar 21Mar 20Mar 19HighLowComposit…
Drilling expands Cerro Casale
Four drill rigs continue to work at establishing the ultimate size of the Cerro Casale gold-copper porphyry deposit on the Aldebaran property in northern Chile.Property owner Arizona Star Resource (AZ…
Northern Crown reports solid results from Guadalupe project
Drill results from a recently discovered zone at Northern Crown Mines’ (COB-V) Guadalupe de Los Reyes project in northwestern Mexico continue to return gold and silver values.Holes 9 through 15, as we…
Major General Res. drills Stewart discovery
Vancouver-based Major General Resources (MGJ-T) has completed drilling of its copper discovery on the optioned Stewart property in the Bathurst region of New Brunswick.The best result was 25.5 metres …
AMT intersects gold in Manitoba
Drilling by AMT International Mining (AAI-T) has intersected strong gold values on the Gold Dust property in northwestern Manitoba.Highlights from Gold Dust include hole 3, which hit 13.4 ft. grading …
Arauco completes George Lake study
The George Lake gold project in the Northwest Territories is shaping up for a possible 1998 production start.Arauco Resources (ARU-T) has released a prefeasibility study that indicates production of 1…
PEOPLE — INT’L DUNLAP
Piet Yap elected director.
Tough times ahead for miner that has seen it all — Huge Noril’sk nickel complex weathers the storm of Russian privatization
For Russia, the road to privatization is strewn with anxieties and uncertainties — a situation amply illustrated by recent developments at the Noril’sk Mining and Metallurgical Kombinat in Siberia.Si…
PRODUCER PRICES (March 31, 1997)
ALUMINIUM: LME settlements US$1,612 per tonne, alloy $1,515 per tonne (Mar. 25/97).ANTIMONY: Composite free market, US$2,120 per tonne (Mar. 25/97).BISMUTH: Composite free market US$3.06 per lb. (Mar….