Drilling on the San Nicolas volcanogenic massive sulphide discovery in central Mexico has wound down for the Christmas holidays.The project is part of the El Salvador joint venture situated in Zacatec…
Company officials and visitors examine core from the Glimmer mine.New Year’s Day 1998 will mark the start of official production for the Glimmer mine project in northeastern Ontario.Operator Exall Res…
The board of directors of Barrick Gold (ABX-T) has adopted a shareholder-rights plan designed to make the company more difficult to take over.Barrick will propose the plan — which would remain in eff…
Demand for gold bars and bullion coins among private investors has increased sharply in light of low gold prices, according to a report by CPM Group of New York, N.Y.Investors in gold were most active…
Monday, December 22, 1997Price (US)Week’s ChangeGold*$290.45+ $4.35Silver*$ 6.06…
Canadian production of gold, nickel, refined copper and zinc, and potash rose between October 1996 and October 1997. However, output of silver, primary copper and zinc, asbestos and lead dropped over …
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.19/97 (change from Dec. 16 in brackets):MetalStock(tonnes)Change…
Aluminium: LME settlements US$1,518, alloy US$1,390 per tonne (Dec. 22/97).Antimony: Representative mid-market US$1,550 per tonne (Dec. 22/97).Bismuth: Representative mid-market US$3.30 per lb. (Dec. …
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateDec.22Dec.19Dec.18Dec.17…
The Luo alluvial diamond project continues to pump out diamonds for its owners.SouthernEra Resources (SUF-T) reports that 3,385.5 carats of diamonds were recovered at the northeastern Angola project b…
Partners Norcal Resources (NLR-V) and Gold Giant Minerals (GNR-V) have identified 15 geophysically derived drill targets at theirNorgiant project in northwestern Quebec.Operator Norcal says that 11 of…
Ongoing metallurgical studies have allowed Geomaque Explorations (GEO-T) to increase resources for the San Juan zone on its advance-staged Vueltas del Rio gold project in northwestern Honduras.Resourc…
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