PEOPLE — BEAUFIELD CONS.
David Chaplin appointed president and director.
News
LME WHSE LEVELS (January 27, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.20/97 (change from previous week in brackets):Aluminium963,325(-5,175)Copper143,225(+11,750)Lead115,375(-2,275)Nickel49,…
EDITORIAL PAGE — The EPA strikes out
The United States Environmental Protection Agency (EPA) must have been dreaming in Technicolor when it came to Canada last year seeking an injunction to freeze US$152 million worth of Diamond Fields s…
MOST ACTIVE ISSUES, Jan. 15-21
ExchgVol(000s)CloseMineral ResT110800.08Maymac ExpV…
TSE INDICES (January 27, 1997)
1996Jan 21Jan 20Jan 17Jan 16Jan 15HighLowComposit…
Rio resumes work on Ecuadorean play
Drilling at the Guabisay gold-silver-copper property in Ecuador is set to resume, based on results from the first hole.Rio Amarillo Mining (RIO-V) reports that hole 1 intersected: 19.5 metres grading …
METAL PRICES — FREE MARKET (January 27, 1997)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJan. 21Jan. 20Jan. 17Jan. 16Jan. 15…
PRODUCER PRICES (January 27, 1997)
ALUMINIUM: LME settlements US$1,608 per tonne, alloy $1,535 per tonne (Jan. 21/97).ANTIMONY: Composite free market, US$2,350 per tonne (Jan. 21/97).BISMUTH: Composite free market US$3.25 per lb. (Jan….
Infill drilling adds to Agua Rica
The latest results from infill drilling are adding more promise to the Agua Rica porphyry copper deposit in Argentina.Situated in Catamarca province, the project is a joint venture between Northern Or…
Placer gains majority stake in Highlands Gold
Gold giant Placer Dome (PDG-T) now owns more than 58% of the shares of Highlands Gold, a Papua New Guinean mining company”We have received a high level of acceptances and are happy with the outcome of…
Chivor resumes development work at Colombia’s Oriente emerald mine
Following a short holiday break, Chivor Emeralds (CHIV.U-C) has resumed operations at its Oriente emerald mine in the Chivor district of Colombia.Chivor has an 80% interest in the mine and is concentr…
COMMENTARY — Gold and the Euro
Europe should have a new currency on Jan. 1, 1999, but the role gold will play (if indeed it plays any) has yet to be determined.Planning for the new European currency, the Euro, gathered momentum in …