Seahawk hits gold in Guyana
Seahawk Minerals (SKM-V) is encouraged by the first round of drilling at its Blackwater gold property in Guyana.The company has drilled 12 angle holes, spanning 1,500 metres, on the Macedonia Creek an…
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PRODUCER AND DEALER PRICES (November 03, 1997)
Aluminium: LME settlements US$1,535, alloy US$1,405 per tonne (Oct. 28/97).Antimony: Composite free market, US$1,900 per tonne (Oct. 28/97).Bismuth: Composite free market US$3.40 per lb. (Oct. 28/97)….
Northern Orion and BHP define zone in N.W. Argentina
Drilling in the Filo Amarillo area of the Agua Rica project in northwestern Argentina continues to broaden a newly discovered zone of high-grade copper.Situated in Catamarca province, Agua Rica is a m…
Atapa applies Western thinking to Indonesian property
Cikotok, Indonesia — For the natives living in this village on the southwestern coast of Java, local small-scale mining projects run by state-owned Aneka Tambang (Antam) provide jobs necessary to sup…
GOLD FUNDS (October 27, 1997)
Gold Funds as of October 16, 1997BGRCentralNet Value$18.43$5.91Price$13.60…
Mining conference set for Jakarta
A seminar on Indonesian regulatory and financial matters will be held Nov.3-4 in Jakarta.Issues to be discussed include exploration, development and financing.Speakers include Ida Bagus Sudjana, Indon…
Aurogin finds polymetallic breccias
Two breccia pipes containing gold, silver and zinc mineralization have been discovered by Aurogin Resources (AUGX-C) north of Sault Ste. Marie, Ont.According to the junior, its wholly owned Batchawana…
METAL PRICES — Daily Metal Prices (October 27, 1997)
BASE METALS(London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateOct. 21Oct. 20Oct. 17Oct. 16Oc…
Darnley explores on Arctic coast
Newly listed Darnley Bay Resources (DBRL-C) plans to drill-test the Darnley Bay anomaly, on the Arctic coast in the Northwest Territories.The Toronto-based company has completed its initial public off…
Cominco drilling expands zone at Red Dog
Exploration drilling at Cominco’s (CLT-T) Red Dog zinc mine in northern Alaska has expanded a partially defined mineralized zone that was discovered in 1996, immediately north of the Aqqaluk deposit.S…
Teck hits nickel in Labrador — High grades found south of Voisey’s Bay
Teck (TEK-T) has hit a narrow, yet rich, nickel-copper cobalt intersection on a Labrador property shared equally by Donner Resources (DRZ-V) and Northern Abitibi Mining (NAI-A).The property is roughly…
SPOT PRICES (October 27, 1997)
Wednesday, October 21, 1997Price (US)Week’s ChangeGold*$322.70- $2.90Silver*$ 4.97…