SPOT PRICES (December 15, 1997)
Wednesday, December 10, 1997Price(US)Week’s ChangeGold*$285.05- $6.05Silver*$ 5.84…
News
Philippine peso drop helps Philex Gold
An operating loss at the Philippine operations of Philex Gold (PGI-T) was erased by the devaluation of that country’s currency.For the third quarter, Philex reported earnings of US$55,000 (a negligibl…
Meetings (December 15, 1997)
Dec. 15, Arcturus ResourcesDec. 15, Demand GoldDec. 15, Mayfield Expl. & Dev.Dec. 15, TrivalenceDec. 16, Barramundi GoldDec. 16, DelgratiaDec. 16, Kinbauri GoldDec. 16, KingstonDec. 16, RapidfireDec. …
TORONTO STOCK EXCHANGE INDICES (December 15, 1997)
1997Dec.9Dec.8Dec.5Dec.4Dec.3HighLowComposite”300…
PRODUCER & DEALER PRICES (December 15, 1997)
Aluminium: LME settlements US$1,553, alloy US$1,425 per tonne (Dec. 9/97).Antimony: Representative mid-market US$1,600 per tonne (Dec. 9/97).Bismuth: Representative mid-market US$3.35 per lb. (Nov. 25…
METAL PRICES — Daily Metal Prices (December 15, 1997)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateDec.9Dec.8Dec.5Dec.4Dec.3…
CanAlaska grabs ground in Timmins
International CanAlaska Resources (ICA-V) has acquired mineral claims from Royal Oak Mines (RYO-T) near Timmins, Ont.The 36 claims are in Timmins Twp., about 10 km southeast of Cross Lake Minerals’ po…
Pioneer explores Riou Lake
Results from a reconnaissance geochemistry program have induced Pioneer Metals (PSM-T) to stake 10,000 ha contiguous to its Riou Lake uranium property in the Athabasca Basin of northern Saskatchewan.T…
BHP keeps 70% stake in Argentine project — Northern Orion wowed by prefeasibility study for Agua Rica deposit
BHP Copper has rejected an offer by Northern Orion Explorations (NNO-T) to buy an additional 40% interest in the Agua Rica project in northwestern Argentina.The offer, details of which were unavailabl…
Miramar writes down Con mine
Sustained low gold prices have forced Miramar Mining (MAE-T) to write down the carrying value of several mineral properties, including the Con gold mine in the Northwest Territories, to the tune of $1…
NON-FERROUSAugust 1997August 1996
Refined copper41,662 tonnes47,558 tonnesPrimary copper53,174 tonnes58,507 tonnesRefined nickel11,573 tonnes9,143 tonnesPrimary nickel16,161 tonnes13,828 tonnesGold15.6 million grams14.4 mil…
Antares boosts resources
Operator Antares Mining and Exploration (ANZ-T) has revised resource estimates for two zones on its Ojolali gold property in Sumatra, Indonesia.Resources at the South Tambang zone now stand at 3.89 mi…