Cyprus Amax coal mine sets record
Twentymile Coal, a subsidiary of Cyprus Amax Minerals, has set a world record for monthly coal production.The underground operation in western Colorado produced 893,108 tons of coal last month, breaki…
Articles by Northern Miner Staff
LME WAREHOUSE LEVELS (September 23, 1996)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept.16/96 (change from previous week in brackets):Copper268,350(-2,800)Tin10,125(-40)Lead114,450(+33,475)Zinc550,250(-6,60…
MOST ACTIVE ISSUES (September 23, 1996)
ExchgVol(000s)ClosePrior Res LtdA84530.24Bema GoldT…
GOLD FUNDS (September 23, 1996)
Gold Funds as of September 12, 1996BGRCentralNet Value$24.54$6.47Price$18.70…
Spot prices at a glance (September 23, 1996)
Wednesday, September 18, 1996Price (US)Week’s ChangeGold*$382.90- $0.25Silver*$ 5.
PRODUCER PRICES (September 23, 1996)
ALUMINIUM: LME settlements US$1,376 per tonne (Sept. 17, 1996), alloy US$1,212 per tonne (Sept. 13, 1996).ANTIMONY: Composite free market, US$2,625 per tonne (Sept. 17, 1996).BISMUTH: Composite free m…
STOCK MARKETS — Resource stocks take shine to Evening Session
The Vancouver Stock Exchange composite index finished the report period ended Sept. 17, up 13.66 points at 1,229.2, while the resource index rose 10.35 points to close at 2,357.16.The VSE became the f…
Greenstone secures Bonanza
Greenstone Resources (GRE-T) will boost to 100% from 80% its interest in the private Nicaraguan corporation Hemco-Nicaragua.Hemco-Nicaragua owns the Bonanza, Siuna and Rosita mining concessions, all o…
METAL PRICES — FREE MARKET (September 23, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateSept.17Sept.16Sept.13Sept.12Sept.11…
American Gem loses big in quarter
Sales of sapphires mined by American Gem (GEM-T) were not sufficient to offset losses incurred in the second quarter.American Gem lost US$1.75 million in the 3-month period ended June 30 (or US6 cents…
Asquith finds gold, plans drilling
Soil sampling on Asquith Resources’ (ASQH-C) Roandji property in the Central African Republic has identified a large gold anomaly.Two percussion drills operating on the Agoudou Manga prospect outlined…
Goldstake hits gold at Java property
Gold found in chip samples taken from its property in Java, Indonesia, was sufficient to triple the share price of Goldstake Explorations (GXP-T) last week.The shares jumped to $3.55 from $2.37 on Sep…