LME WAREHOUSE LEVELS (December 16, 1996)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.9/96 (change from previous week in brackets):Copper105,275(+11,800)Tin9,860(+340)Lead122,275(+800)Zinc521,500(-5,475)Al…
Articles by Northern Miner Staff
Chama shows bulk-tonnage potential
Rock samples from Corriente Resources’ (CTQ-T) Chama property in Peru have confirmed the continuity of gold mineralization between widely spaced outcrops.Areas exceeding 1 gram gold per tonne included…
TORONTO STOCK EXCHANGE INDICES (December 16, 1996)
1996Dec 10Dec 9Dec 6Dec 5Dec 4HighLowComposite”30…
Spot prices at a glance (December 16, 1996)
Wednesday, December 11, 1996Price (US)Week’s ChangeGold*$369.60- $0.80Silver*$ 4.8…
New reserves tallied for Goldfields
It’s out with the old numbers and in with the new at the Goldfields project of Greater Lenora Resources (GEN-T).Situated in northern Saskatchewan, the gold project is now estimated to contain an in si…
PEOPLE — TENAJON (December 16, 1996)
D.B. McLeod appointed president and chief executive officer; and Donald McLeod appointed chairman.
GREATEST VALUE TRADED, Dec. 4-10
ExchgValue($000s)HighLowCloseChangeBarrick GoldT2…
Busang deal still awaited
The Busang gold deposit in Kalimantan continues to interest major mining companies, despite uncertainty related to the status of negotiations between the deposit’s owner, Bre-X Minerals (BXM-T), and s…
Campbell forges ahead in Panama
With a positive feasibility study complete, Campbell Resources (CCH-T) is moving to develop its Cerro Quema gold deposit in southwestern Panama.The property hosts two epithermal gold deposits (La Pava…
Quebec gov’t reports new showings
Quebec provincial geologists report new copper-nickel showings near the Lac Volant claims, northeast of Sept-Iles.The province reports nine showings in the Havre-Saint-Pierre sector, and four showings…
Cambior suspends zinc operation
Montreal-based Cambior (CBJ-T) has suspended zinc production at its Gonzague-Langlois mine, near Lebel-sur-Quevillon, Que.The temporary closure is attributed both to weak zinc prices and the need to m…
PEOPLE — VENTURES RES. (December 09, 1996)
Peter Thomson appointed chairman; R. Sheardown appointed president and chief executive officer.