News


PRODUCER & DEALER PRICES (June 30, 1997)

Aluminium: LME settlements US$1,560 per tonne, alloy $1,437 per tonne (June 24/97).Antimony: Composite free market, US$2,080 per tonne (June 24/97).Bismuth: Composite free market US$3.90 per lb. (June…


Teck, Sumitomo team up at Pogo

Teck (TEK-T) and Sumitomo Metal Mining Arizona will jointly explore the Pogo gold property in central Alaska.Situated 150 km southeast of Fairbanks, the property is part of Sumitomo’s Stone Boy projec…



Gitennes pins hopes on Virgen gold property

Although it is still in the early stage of being explored, the Virgen property in north-Central Peru is already attracting attention as a gold discovery of some significance.Over the next four years, …


CIM off to races

The Toronto branch of the Canadian Institute of Mining, Metallurgy & Petroleum will hold its annual social event at the Woodbine race track in Toronto on June 27.Tickets for the event, entitled “A Nig…


LME Warehouse Levels (June 23, 1997)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 16/97 (change from previous week in brackets):Aluminium698,650(-19,425)Copper122,225(-5,900)Lead116,875(-675)Nickel51,1…



Timmins project keeps Holmer rooted at home

BBY THOMAS BROCKELBANKWhile it is making a name for itself with its Cuban projects, Holmer Gold Mines (HGM-T) is keeping one foot firmly planted in one of Canada’s oldest mining camps.Holmer has a 100…





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