Producer and Dealer Prices (July 21, 1997)
Aluminium: LME settlements US$1,546.50 per tonne, alloy $1,395 per tonne (July 15/97).Antimony: Composite free market, US$2,020 per tonne (July 14/97).Bismuth: Composite free market US$3.80 per lb. (J…
News
NDT drilling near Voisey’s Bay
Vancouver-based NDT Ventures (NDE-V) is now drilling the Voisey’s Bay donut hole.The Project 61 property, a joint venture with Takla Star Resources (TKR-A), is completely surrounded by the original Vo…
Abacus on the lookout in Alaska
Results from the first seven holes drilled on the Niblack massive sulphide property in southeastern Alaska have expanded, both downdip and along strike to the west, the known area of gold mineralizati…
Metal Prices — Daily Metal Prices (July 21, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJuly 15July 14July 11July 10J…
Diablillos partners step out in Salta
An 11,000-Metre program of stepout drilling is under way on the 3,600-ha Diablillos gold-silver property in the northwestern Argentine province of Salta.The property is held by a jointly owned Argenti…
Francisco expands El Sauzal gold discovery
A third phase of drilling at Francisco Gold’s (FGX-V) El Sauzal gold project in Mexico’s Chihuahua state is testing the large-scale epithermal system peripheral to the West and East zones.A resistivit…
Petro Plus finances Blackdome
An agreement between Petro Plus (PPV.A-A) and a private Alberta company is expected to provide the necessary funds to resume operations at the Blackdome gold mine near Clinton, B.C.By month’s end, MCM…
KWG set to become significant nickel producer — Company will share laterite project with Cuba
A nickel deal signed with the government of Cuba should more than double the value of assets belonging to KWG Resources (KWG-T).KWG, a 26%-owned affiliate of St. Genevieve Resources (SGV-T), signed a …
Placer to take Sleeper from X-Cal — Agreement with Amax Gold extended
Vancouver-based junior X-Cal Resources (XCL-T) has extended its purchase agreement with Amax Gold (AU-N), paving the way for Placer Dome (PDG-T) to take an interest in the Sleeper gold project in nort…
Raglan on track for early 1998 startup
Construction and development at the Raglan copper-Nickel mine of Falconbridge in northern Quebec is three months ahead of schedule, albeit slightly over budget.The mine is in the final stages of const…
EDITORIAL AND COMMENTARY — There’s more to mining than tonnage and grade Community relations
A recent communique from the Prospectors & Developers Association of Canada (PDAC) suggests that the Canadian mining industry needs to improve its ability to deal with the environmental and socio-econ…
DIAMOND PAGE — Results positive from Camsell Lake
Encouraged by the number and size of diamonds recovered from a 13-hole drill program at the Camsell Lake project in the Northwest Territories, partners Winspear Resources (WSP-V) and Aber Resources (A…