PRODUCER AND DEALER PRICES (February 09, 1998)
Aluminum: LME settlements US$1,503.50, alloy US$1,319.50 per tonne (Feb.3/98).Antimony: Representative mid-market US$1,735 per tonne (Feb. 3/98).Bismuth: Representative mid-market US$3.50 per lb. (Feb…
News
Sampling continues at Edwards
The Edwards gold mine produced 30,412 oz. gold and 3,678 oz. silver in its first year of commercial production, reports 100%-owner VenCan Gold (VCG-M).Situated near Wawa in northwestern Ontario, the m…
Drill results add sparkle to Joya del Sol
Results from the first round of drilling are adding sparkle to the Joya del Sol (Jewel of the Sun) gold-silver project in southern Argentina.Sunshine Mining & Refining (SSC-N) has completed 41 shallow…
Murgor drills gold find
Montreal-based Murgor Resources (MUG-M) has entered the first phase of drilling at its Dorset gold property, near Mishubishu Lake in northwestern Ontario.The program is expected to total 1,500 metres,…
Newmont sails into black following profitable quarter — Sets record for highest gold output in U.S.
Despite a significant drop in the price of gold, Newmont Mining (NEM-N) and Newmont Gold (NGC-N) made money in the fourth quarter, and for 1997 as a whole.Newmont Mining earned US$38.6 million (or 25c…
Cominco commits to second year at Bongara
Solitario Resources (SLR-T) reports that Cominco (CLT-T) has made its second-year property payment on the Bongara zinc project in northern Peru.Solitario received US$300,000 from Cominco’s Peruvian su…
Oroperu producing at Nueva Condor
Through a Peruvian subsidiary, Oroperu Resources (ORO_-C) is producing zinc, lead, silver and gold at its Neuva Condor mine property near Lima, Peru.The Vancouver-based junior processed some 9,600 ton…
Amblin goes deep at Lyndhurst copper mine
Junior Amblin Resources(AX-A) has begun drilling the first of two 3,000-ft. holes on the Lyndhurst copper mine property, 20 miles north of Noranda’s Horne smelter in northwestern Quebec.To earn a half…
Companies (February 09, 1998)
Aber ResourcesAkrokeri-Ashanti Gold MinesAmblin ResourcesAmbrexAnglo-AmericanAsarcoAsquith ResourcesBanro ResourceBattle Mountain GoldBirim GoldfieldsBlue EmeraldResourcesCobre MiningComincoContinenta…
Meetings (February 09, 1998)
Feb. 9, Canadian OverseasFeb. 9, WilanourFeb. 10, Cotton ValleyFeb. 11, AndersonFeb. 11, Blackwater GoldFeb. 11, East IndiesFeb. 11, Premier MineralsFeb. 12, American BullionFeb. 12, Columbia YukonFeb…
Mineral economics meeting set for Washington
The seventh annual meeting of the Mineral Economics and Management Society (MEMS) is scheduled for March 25-28 in Washington, D.C.The chairman of this year’s Professional Program and Meeting will be D…
Cameco refinery sets record
For the past eight years, Cameco has operated its uranium refinery in Blind River, Ont., without once experiencing a lost-time accident.In late January, company officials recognized the achievement at…