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Articles by Northern Miner Staff
PRODUCER PRICES (December 02, 1996)
ALUMINIUM: LME settlements US$1,435 per tonne (Nov. 12, 1996), alloy US$1,252 per tonne (Nov. 5, 1996).ANTIMONY: Composite free market, US$1,940 per tonne (Nov. 12, 1996).BISMUTH: Composite free marke…
EXPLORATION ROUNDUP — Asquith extends Roandji mineralization
Exploration at the Agoudou Manga gold prospect in the Central African Republic has returned encouraging results for Asquith Resources (ASQH-C).One of five targets on the 2,000-sq.-km Roandji property,…
EXPLORATION ROUNDUP — VenCan expands Honduran holdings
Having picked up five concessions in Honduras, VenCan Gold (VCG-M) plans to spend $1 million on exploration there in 1997.The properties, which, in total, comprise more than 30,000 ha, were acquired b…
Nord Pacific eyes gold project in Ontario
A gold project in Ontario’s Chester Twp. has caught the attention of Nord Pacific (NORPF-Q), an Australian-based copper producer exploring for gold and base metals in Australia, Papua New Guinea and N…
THE DIAMOND PAGE — Northern Abitibi eyes prospect
A letter-of-intent agreement sets the stage for Northern Abitibi Mining (NAI-A) to earn up to a 50% participating interest in a land package in the Keroane diamond district of Guinea, West Africa.The …
EXPLORATION ROUNDUP — Laramide drilling Goliath
Toronto-based Laramide Resources (LAM-T) plans to carry out deep drilling at its Goliath gold property, 15 km east of Dryden, Ont.The property is immediately south of the Thunder West gold deposit, wh…
EXPLORATION ROUNDUP — Lyon Lake hits gold in Costa Rica
In the first five holes drilled on the Canamazo concession in Costa Rica, Lyon Lake Mines (LLL-M) has intersected low-grade gold values.Prior to the drilling, Lyon Lake conducted a geochemical survey …
EXPLORATION ROUNDUP — Sulphide discovery changes picture at Cerro Casale
It would seem there is more to Chile’s Aldebaran project than meets the eye.The discovery of deep-seated sulphide gold-copper mineralization extending beneath the Cerro Casale oxidized gold deposit ha…
SPOT PRICES AT A GLANCE (December 02, 1996)
Wednesday, November 27, 1996Price (US)Week’s ChangeGold*$373.95- $4.65Silver*$ 4.7…
TORONTO STOCK EXCHANGE INDICES (December 02, 1996)
1996Nov 26Nov 25Nov 22Nov 21Nov 20HighLowComposit…
Ashanti launches program at Tera gold property
Surface exploration by Ashanti Goldfields (AHD.U-T) has begun on the Tera gold property in Niger, West Africa.The 1,500-sq.-km property, which hosts a 20-km section of the Terra shear system, is curre…