METAL PRICES — FREE MARKET (December 19, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Dec 13 Dec 12 Dec 9 Dec 8 Dec 7 Copper 2943-2945 2973-2974 2997-2998 2970-2972 2895-2896 Lead 609-610 630-631 637.5-638.5 631-632 618-61…
Articles by Northern Miner Staff
Drilling confirms resource at Boleo
Infill drilling on the Boleo copper-cobalt project in Baja California Sur, Mexico, is returning results consistent with previous resource estimates. The property, owned by International Curator Resour…
Kinbauri announces restructuring
Junior Kinbauri Gold has entered a loan agreement for $200,000 with Millfield Capital of Toronto, Ont., subject to regulatory approval and Kinbauri being accepted for listing on the Canadian Dealing N…
Radisson to drill Quebec projects
Montreal-listed Radisson Mining Resources plans to drill three of its gold properties in northern Quebec later this winter. At the O’Brien property, in Cadillac Twp., a 13,000-ft. program will test se…
METALS MARKETS — Norilsk sends ripples through markets
Metal markets entered December on the strength of solid demand and rising prices. As the holiday season winds up, most metals are expected to settle back and consolidate recent gains while stakeholder…
Inco teams up with Chinese nickel producer
Nickel giant Inco (TSE) has entered a joint venture with Jinchuan Non-Ferrous Metals, a major producer of nickel and other ferrous metals in China and a subsidiary of China National Non-Ferrous Metals…
Mill City takes on foreign projects
Joint-venture partners Mill City Gold Mining (VSE) and MacDonald Mines Exploration (CDN) can earn a combined half interest in the Florencia-Jobabo gold concession in Cuba. The vendor, Geo Minera, has …
Caledonia affiliate upgrades Zimbabwe copper mine
Plans are afoot to expand the Sanyati copper mine, currently under development in Zimbabwe. Majority owner Reunion Mining, an affiliate of Caledonia Mining (TSE), intends to produce 5,000 tonnes of th…
Hemlo hits gold zone near Timmins
Toronto-listed Hemlo Gold Mines has intersected a gold-bearing alteration zone on the Sewell-Reeves property southwest of Timmins, Ont. The company is earning an interest in the 322-claim property fro…
Channel drilling in West Africa
Junior Channel Resources (VSE) is encouraged by drill results from its extensive land package in Burkina Faso, West Africa. Channel holds four concessions, covering 6,200 sq. km, in the region. These …
Crystallex to pour gold at Albino
The first gold pour is imminent at the Albino 1 concession in Venezuela’s Kilometre 88 district. Crystallex International (VSE) reports that the 400-ton-per-day mill is now fully operational and targe…
Anglo American a world player
The winds of change have had a significant impact on the politics and economics of South Africa, a nation known as much for deep gold mines as for its abundance of varied mineral wealth. Large mining …