Georgia seeking miners
The government of one of the least-mined of the former Soviet republics has called a tender for a complex mineral licence in hopes of attracting mining companies.With the tender, the Georgian Ministry…
News
Sunshine hits new high-grade silver vein
With recent drilling at the Pirquitas silver-tin deposit in northern Argentina having encountered new mineralization, Sunshine Mining & Refining (SSC-N) reports that the final feasibility study on the…
METAL PRICES — Daily Metal Prices (June 22, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateJune 16June 15June 12June 11Jun…
MINING MARKETS & INVESTMENT NEWS — Aurizon Mines raises $7m for Casa Berardi
Vancouver-based Aurizon Mines (ARZ-T) has arranged a $7-million financing, proceeds from which will be used to acquire and explore the Casa Berardi gold mine in northwestern Quebec.The first installme…
COMMENTARY — Alaska gateway to Russia
Alaska and Russia share a relationship, and companies wishing to do business in eastern Russia should consider opening an office in Alaska.The most obvious advantage of Alaska-based offices for Russia…
PRODUCER AND DEALER PRICES (June 22, 1998)
Aluminium: LME settlements US$1,285.50, alloy US$1,215 per tonne (June 16/98).Antimony: Representative mid-market US$1,430 per tonne (June 15/98).Bismuth: Representative mid-market US$3.60 per lb. (Ju…
Barrick options more Queenstake ground
Building on its relationship with Queenstake Resources (QTR-T), Barrick Gold (ABX-T) has acquired options for majority interests inthe junior’s Uchcumachay and South Ancash gold properties in west-cen…
Meetings (June 22, 1998)
June 22, Alaska ApolloJune 22, AlhambraJune 22, AlmadenJune 22, AltavistaJune 22, BisonJune 22, Canadian ArrowJune 22, Christina GoldJune 22, Cons. Gold HawkJune 22, Cons. NevadaJune 22, Currie RoseJu…
Tiomin plans feasibility study
As soon as sufficient financing is in hand, Tiomin Resources (TIO-T) is prepared to launch a full feasibility study at its Kwale titanium mineral sands project on the coast of Kenya.The deposit, situa…
BHP seeks partner for Hope Bay gold project
BHP Minerals Canada, a subsidiary of Australian-based Broken Hill Proprietary (BHP-N), reports it is accepting joint-venture offers to develop the Hope Bay gold property, south of Victoria Island in t…
MINING MARKETS & INVESTMENT NEWS – INVESTMENT COMMENTARY — Gold-weary analysts focus on Platexco
It used to be that only the powerful South African majors had any hope of holding ground in the Bushveld igneous complex of South Africa, the world’s largest repository of platinum group metals (PGMs)…
Atna sets sights on Fox
Atna Resources (ATN-T) recently announced an agreement with Cominco (CLT-T) to option a 49% interest in Cominco’s Fox property, situated in southeastern Yukon.Fox is contiguous with the Wolf property,…