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…
News
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,…
DIAMOND PAGE — DIAMOND NEWS ROUNDUP — Trivalence suffers quarterly loss
Despite having generated revenue of $3.4 million from its 85%-owned Aredor concession in Guinea, West Africa, Trivalence Mining (TMI-V) reported a loss of $232,138 (or 2 cents per share) for the quart…
DIAMOND PAGE — Lytton identifies targets in NWT
On their jointly held Jericho property in the Northwest Territories, Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A) have identified more than 100 targets they believe may be related to kimbe…
Nebex pulls good values from Munelle deposit
Calgary-based Nebex Resources (NBX-T) continues to receive encouraging assays from drilling carried out on its Munelle polymetallic property in north-central Albania.Highlights from the first five hol…
NEVADA AND THE WESTERN STATES — Golden Queen looks to improve Soledad Mountain
Golden Queen Mining (GQM-T) has initiated a program of underground sampling at the Soledad Mountain gold project, situated an hour’s drive north of Los Angeles, Calif., in hopes of improving the econo…
First Dynasty tallies Armenian reserves
Reserves estimates have been attributed to two past-producing gold mines in Armenia, moving project operator First Dynasty Mines (FDM-T) several steps closer to renewing production.At the Zod mine, pr…