Absolut, Eagle explore in Hungary
The Hungarian government has granted two exploration permits, situated north of Budapest, to Absolut Resources (ALR-A) and Eagle Plains Resources (EPL-A).The permits, covering 58,000 ha of unexplored …
News
Call for papers for British Columbia exploration, geology conference
The British Columbia and Yukon Chamber of Mines and the Society of Economic Geologists are soliciting abstracts for a conference on exploration strategies, to be held Jan. 28-30, 1998, in Vancouver, B…
Spot prices at a glance (October 21, 1996)
Wednesday, October 16, 1996Price (US)Week’s ChangeGold*$380.80- $0.10Silver*$ 5.02…
LETTER TO THE EDITOR — Exploration potential outweighs possible risks in Colombia
This letter is in response to Tomas Feininger’s recent Odds `n’ Sods article, “Close Calls in Colombia” (T.N.M., Sept. 30/96). We do not intend to take issue with Mr. Feininger about what happened in …
THE DIAMOND PAGE — Klipspringer yields high-value results
Bulk-sampling results from the Klipspringer deposit in South Africa suggest it ranks among the highest-value diamond projects in the world, reports SouthernEra Resources (SUF-T).A 425-tonne sample of …
GREATEST VALUE TRADED (October 21, 1996)
ExchgValue($000s)HighLowCloseChangeBRE-X MnrlsT33…
METAL PRICES — FREE MARKET (October 21, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateOct. 15Oct. 14Oct. 11Oct. 10Oct. 9…
PRODUCER PRICES (October 21, 1996)
ALUMINIUM: LME settlements US$1,322 per tonne (Oct. 15, 1996), alloy US$1,188 per tonne (Oct. 8, 1996).ANTIMONY: Composite free market, US$2,175 per tonne (Oct. 9, 1996).BISMUTH: Composite free market…
STOCK MARKETS — Western markets still dragging their heels
The Vancouver Stock Exchange composite index fell 43.8 points over the report period ended Oct. 15 to close at 1,156.11. The resource index fell even farther, closing down 71.21 points at 2,234.75.Bor…
STOCK MARKETS — Markets ride wave as metals sink
The Toronto Stock Exchange’s TSE 300 index hit two record high closings in the four trading days between Oct. 9 and 15. The TSE composite closed at a record 5,461.20 on Oct. 11 and came back with a 5,…
Orezone acquires ground in N.W. Que.
Junior Orezone Resources (ORZ-M) has re-acquired the Bourlamaque property on the eastern boundary of Placer Dome’s Sigma gold mine in Val d’Or, Que.The company sold the property last year, only to rep…
Peruvian Gold tests Encanto prospect
Junior Peruvian Gold (PVO-V) is awaiting assay results from nine diamond drill holes on the Encanto gold porphyry prospect in northeastern Ecuador.To date, the program has spanned 921.8 metres, having…