Prime hits silver at Corey
Prime Resources Group (PRU-T) has encountered a narrow interval of high-grade silver mineralization at the Corey property, held by Kenrich Mining (KRC-V) in northeastern British Columbia.The hole, whi…
News
Noranda plant subject of CIM meeting
The primary magnesium production plant owned by Noranda in Asbestos, Que., will be the focus of the next luncheon of the Canadian Institute of Mining, Metallurgy and Petroleum, to be held Oct. 22 at 1…
Canadian BHP arm wins B.C. reclamation prize
The Canadian subsidiary of Broken Hill Proprietary has been awarded the 1997 British Columbia Mine Reclamation Award for its work at the Island Copper mine near Port Hardy.Once the third-largest coppe…
Stillwater puts expansion on fast track — New tunnel to East Boulder expected to speed development
Stillwater Mining (SWC-X) is stepping up expansion plans at its namesake operation in southwestern Montana.The company had planned to boost platinum and palladium production to 1.3 million oz. per yea…
MINING MARKETS & INVESTMENT NEWS — The Northern Miner’s Mining Indices
This week we introduce our own indices of market performance in the mining sector: The Northern Miner North American Mining Index and The Northern Miner Small Producers Index both of which can be foun…
GREATEST VALUE TRADED (October 12, 1998)
ExchgVal ($000s)HighLowCloseChangeBarrick GoldT63…
MOST ACTIVE ISSUES (October 12, 1998)
ExchgVol (000s)HighLowCloseChangePlacer DomeT2115…
MINING MARKETS & INVESTMENT NEWS — METALS COMMENTARY — Hard times in Asia hit the ferro-alloys sector
As economic recession, and perhaps deflation, spreads from the Pacific Rim, the effect on commodity prices has been devastating. The non-ferrous metals have been seen to bear the brunt, but their supp…
LME WHSE LEVELS (October 12, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Oct. 6/98 (change from Sept. 29 in brackets):MetalStocks (tonnes)Change…
TSE INDICES (October 12, 1998)
1998Oct. 6Oct. 5Oct. 2Oct. 1Sept. 30HighLowCompos…
PRODUCER & DEALER PRICES (October 12, 1998)
Aluminium: LME settlements US$1,291, alloy US$1,114 per tonne (Oct. 6/98).Antimony: Representative mid-market US$1,320 per tonne (Oct. 6/98).Bismuth: Representative mid-market US$3.25 per lb. (Oct. 6/…
Rayrock closes Daisy purchase
Rayrock Resources (RAY-T) has acquired the remaining 65% stake in the Daisy gold mine owned by sister company Inter-Rock Gold (IRO-T).The property was purchased for a total of about US$1 million cash …