METAL PRICES — FREE MARKET (March 17, 1997)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateMar. 11Mar. 10Mar. 7Mar. 6Mar. 5…
Articles by Northern Miner Staff
Ming terminates Strange Lake deal
Vancouver-based Ming Financial (MF-A) has decided against acquiring the Strange Lake yttrium property in northwestern Labrador from Iron Ore Co. of Canada (IOC).Ming says its decision was based on an …
First year proves golden for River Gold Mines
The first 12 months of production at the Eagle River gold mine, near Wawa, Ont., translated into a strong year for owner River Gold Mines (RIV-T).Earnings for 1996 amounted to $5.9 million (or 19 cent…
Chase expands zone at Archangel
Initial drilling by Chase Resource (CQS-T) at its Archangel gold-copper property in the Philippines has expanded the area of known mineralization.Flat-lying zones of sheeted quartz veins and intensely…
Roycefield to produce antimony at Beaver Brook mine this year
Junior Roycefield Resources (RYC-T) has confirmed plans to bring its Beaver Brook antimony mine, in central Newfoundland, into full production in mid-1997.The company reports progress on the following…
Silver Century hits copper in Quebec
Drilling by Silver Century Explorations (SVC-A) has intersected strong copper grades on the Stoke property, northeast of Sherbrooke, Que.The company’s interest in the property was obtained through its…
Orvana recalculates Don Mario reserve
New numbers are in from the Don Mario project of Orvana Minerals (ORV-T).By incorporating the results of the 1996 drill program at the Bolivian project, Orvana has increased the reserves in what is te…
St Andrew hits high-grade gold at Taylor property in Ontario
Diamond drilling at the Taylor gold property in the Matheson area of northeastern Ontario has returned high-grade gold values for St Andrew Goldfields (SAS-T).The company is concentrating its efforts …
PDAC honors Felderhof and Munk
Much as it dominated the mining headlines in 1996, the Busang gold project was at the centre of the annual awards banquet of the Prospectors & Developers Association of Canada (PDAC).John Felderhof of…
Golden Hemlock hits high-grade gold at San Jose de Gracia project
Golden Hemlock Resources (GHE-V) reports that seven holes drilled on its San Jose de Gracia property, in Mexico’s Sinaloa state, have intercepted high-grade gold values.The holes were drilled on the T…
MOST ACTIVE ISSUES, Mar. 5-11
ExchgVol(000s)CloseOrex ExplM111390.30Bre-X MnrlsT…
Mongolia Gold outlines strong anomaly at Bumbat
A property-wide sampling program at Mongolia Gold Resources’ (MGR-V) 49%-owned Bumbat Gold Field property in Mongolia has identified an open-ended gold-in-soil anomaly measuring 1,700 metres long by 2…