1997


LME WAREHOUSE LEVELS (May 26, 1997)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 19/97 (change from previous week in brackets):Aluminium761,950(-7,475)Copper141,100(-8,200)Lead118,100(+1,400)Nickel50,6…


Corriente perseveres in South America

Junior Corriente Resources (CTQ-T) is disappointed by initial results from a 5,000-Metre drill program on the Chama gold project in southern Peru.The first four holes were drilled to investigate the b…



First Dynasty buys into Armenian projects

Singapore-based First Dynasty Mines (FDM-T) and New York-based Global Gold have inked a deal that will see the former earn up to a half interest in three advance-staged gold projects in Armenia.First …


Orion drills in Argentina

Drilling is being accelerated at the Agua Rica porphyrycopper-gold-silver-Molybdenum deposit in the northwestern Argentine province of Catamarca.Northern Orion Explorations (NNO-T) reports that three …



Nelson eyes suspended gold mine

In its first venture outside the Commonwealth of Independent States, Nelson Gold (NLG-T) is looking to acquire a majority interest in the suspended Kalana gold mine in Mali, West Africa.Nelson recentl…



Gold price weakens performance of Royal Oak

Royal Oak Mines (RYO-T) reported a first-quarter loss of $8.1 million, compared with earnings of $1.4 million for the same period last year.Gold production for the first three months of the year total…


MSV options Corner Bay project

Montreal-based MSV Resources (MSV-T) is entering into an option agreement with Toronto-based Sikaman Gold Resources (SKG-T) for a 50% interest in MSV’s Corner Bay copper project, situated 56 km south …


Drilling extends Toms zone

A drill program by Tri Origin Exploration (TOE-T) has doubled the length of mineralization associated with the Toms zone on the Lewis Ponds property in New South Wales, Australia.The company says hole…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close