PRODUCER PRICES (June 03, 1996)
ALUMINIUM: Composite free market US70.4 cents per lb. (May 28, 1996).ANTIMONY: U.S. producer, US$1.95 per lb. (May 28, 1996).BISMUTH: Composite free market US$3.10 per lb. (May 24, 1996).CADMIUM: Comp…
News
METAL PRICES — FREE MARKET (June 03, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateMay 28May 27May 24May 23May 22 .Copper2567-2568Holiday2542-25452557-25582448-2450 .Lead829-830Holiday836-837 854-855 8…
Falconbridge joins Platinova A/S in Greenland
Platinova A/S (PAS-T) has been joined by Falconbridge (FL-T) in its quest for Voisey’s Bay-style deposits in east-central Greenland.The two companies are forming a joint venture to explore a large fee…
Nelson Gold reports startup woes
Most mines experience teething pains during startup, and Nelson Gold’s (NLG-T) Zeravshan project in Tajikistan is no exception.The company operates, and has a 49% interest in, a mining and milling com…
Geomaque cuts encouraging gold grades at its Chicharra property in Mexico
Geomaque Explorations (GEO-T) has found the continuation of the known mineralized trend at its San Francisco mine property in Mexico’s Sonora state.Phillip Walford, vice-president of exploration, says…
Grades drop at Golden Hill
The latest drill results at the Golden Hill gold-copper project in Cuba, unlike those from earlier in the year, have been unspectacular.MacDonald Mines (MMP.A-A) reports that Hole GH-64, drilled at th…
Partners processing ore from Farley Lake
Partners Black Hawk Mining (BHK-T) and Granduc Mining (GDC-T) have begun processing the first gold ore from the Farley Lake-Wendy open pits at the Keystone gold mine in Lynn Lake, Man.Granduc, the ope…
NEVADA SPECIAL — Production recommended for Tonkin Springs
Consultant Behre Dolbear has recommended that the Tonkin Springs gold project in Eureka Cty, Nev., be advanced to production.The 33-sq.-mile Tonkin Springs property is owned 60% by Gold Capital (GOCP-…
Arequipa drilling delivers the goods
Results from the first hole drilled on the Pierina prospect in Peru surpassed market expectations for Arequipa Resources (AQP-T).The hole, part of an initial 5,000-metre program, returned an 88-metre …
NEVADA SPECIAL — Newmont looks underground at Carlin
Open-pit mining has been a staple of the Carlin trend for 30 years, but Newmont Gold (NEM-N) is quietly introducing underground methods to the region.The move toward underground mining was spurred by …
NEVADA SPECIAL — Golden Peaks reviews projects
A review of historical exploration data from the Moongold and Cottonwood projects has prompted Golden Peaks Resources (GL-V) to acquire additional claims at both Nevada projects.The Moongold property,…
NEVADA SPECIAL — Digger, Fischer-Watt team up in Nevada
Digger Resources (DIG-V) and Fischer-Watt Gold (FWGO-O) have consolidated their land holdings at the Tempo joint venture, northwest of Austin, Nev.With the size of the gold property expanded to 8,800 …