Gold projects in the former Soviet Union rarely deliver their riches to western companies without some associated heartache, but mining analyst Michael Jones of T. Hoare & Co. believes that Nelson Gol…
A long-term approach to doing business in Indonesia is paying off for gold major Newmont Mining (NEM-N), which has one mine in the Southeast Asian country up and running and a second scheduled to come…
With the benefits of newly exposed outcrop and a clearer geological understanding, Avalon Ventures (AVL-V) is preparing to carry out a bulk-sampling program and a third phase of drilling at its Separa…
Known more for mineral consumption than production, particularly in the case of gold, India is nonetheless becoming increasingly attractive to explorers, according to Kumara Rachamalla, president of M…
The Dow Jones Industrial average climbed above the 9,000 mark during the holiday-shortened report period of July 2-7. The Dow gained 87.68 points (or 1%) to close at 9,085.04.There were no fireworks a…
Aluminium: LME settlements US$1,265.50, alloy US$1,195 per tonne (July 7/98).Antimony: Representative mid-market US$1,375 per tonne (July 7/98).Bismuth: Representative mid-market US$3.60 per lb. (July…
Based on a recently completed evaluation study, Weda Bay Minerals (WDA-A) has resolved to proceed with development of its nickel-cobalt property on the Indonesian island of Halmahera.The project, in w…
Gold Funds as of June 25, 1998BGRCentralNet Value$13.85$6.02Price$10.10$5…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at July 6/98 (change from June 29 in brackets):MetalStocks(tonnes)Change…
With China’s mining industry (along with many other sectors) rapidly becoming more like those of Western nations, Denver-based General Minerals (GNM-T) is seizing the opportunity to pick up prospectiv…
Tucson, Ariz.-based AMT International Mining (AAI-T) has arranged to buy out Copper Creek partner Broken Hill Proprietary (BHP-N).To earn the Australian-based major’s 50% stake in a 1,680-acre portion…
Despite troubles at home and a depressed nickel market, Inco (N-T) is making strides in expanding its Soroako nickel operations on the island of Sulawesi in Indonesia.Inco has been in commercial produ…
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