LME WHSE LEVELS (September 14, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept. 8/98 (change from Sept. 1 in brackets):MetalStocks (tonnes)Change…
News
Adrian, Skyline form JV in Peru
Adrian Resources (ADL-T) and International Skyline Gold (SK-T) will acquire a 63% and a 27% interest, respectively, in the Picuda copper-oxide property in southern Peru.In return, Adrian must pay the …
PRODUCER AND DEALER PRICES (September 14, 1998)
Aluminium: LME settlements US$1,355, alloy US$1,160 per tonne (Sept. 1/98).Antimony: Representative mid-market US$1,250 per tonne (Aug. 25/98).Bismuth: Representative mid-market US$3.45 per lb. (Sept….
Falco curtails D.R. production
Ongoing weakness in world nickel markets has prompted a unit of Falconbridge (FL-T) to curtail production from its 85.26%-owned ferronickel operation in the Domincan Republic.During the 3-month shutdo…
Meetings (September 14, 1998)
Sept. 14, Camnor –Sept. 14, Cont’l Precious Minerals –Sept. 14, Int’l Taurus –Sept. 14, Tenajon –Sept. 14, Western Pacific –Sept. 15, Altagem –Sept. 15, Ascot –Sept. 15, Mazarin –Sept. 15, Med…
Donner resumes drilling near Voisey’s Bay
Donner Minerals (DML-V) has resumed drilling at the South Voisey’s Bay joint venture in Labrador.Drilling had been suspended for one month to allow an ongoing pulse electromagnetic survey to delineate…
Polymet sells Labrador interests
Polymet Mining (POM-V) is pulling out of Labrador so that it can focus on the Dunka Road polymetallic project in northeastern Minnesota.Polymet, formerly known as Fleck Resources, will sell its intere…
DIAMOND PAGE – NAME CHANGE (September 14, 1998)
ATS Wheel (ATK-V) has changed its name to JSS Resources (JSS-V).
METAL PRICES (September 14, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateSept. 8Sept.7Sept.4Sept.3…
Asian woes affect Hillsborough
The economic malaise in Asia is taking its toll on Hillsborough Resources (HLB-T), operator and 63%-owner of the Quinsam coal mine near Campbell River, B.C.After consulting with Japanese partner Marub…
DIAMOND PAGE — Monopros awaits Victoria Island results
Following the discovery of five kimberlite bodies earlier this summer at the Victoria Island diamond project in the Northwest Territories, Monopros has completed a surface program of till sampling, gl…
DIAMOND PAGE — DIAMOND NEWS ROUNDUP — Trans Hex builds sampling plant
By October, Trans Hex International (THI-T) expects to complete construction of a 100-tonne dense-media-separation sampling plant for the Northbank alluvial diamond property in Namibia.Later this mont…