PRODUCER & DEALER PRICES (December 01, 1997)
Aluminium: LME settlements US$1,581.50, alloy US$1,447 per tonne (Nov.25/97).Antimony: Representative mid-market US$1,675 per tonne (Nov. 25/97).Bismuth: Representative mid-market US$3.35 per lb. (Nov…
News
EXPLORATION ROUNDUP — AMT plans Copper Creek development
San Manuel, Ariz. — AMT International Mining (AAI-T) has fulfilled its obligation to earn a half interest in the Copper Creek project of Broken Hill Proprietary (BHP-N) and is waiting for the Austral…
EXPLORATION ROUNDUP — Kiwis push for revival of mineral exploration — Conference opens window on New Zealand
Auckland, New Zealand — Exploration and mining are welcome in New Zealand as long as companies are prepared to meet high environmental standards and be good corporate citizens, government officials t…
EXPLORATION ROUNDUP — Virginia sizes up La Grande Sud Drilling under way at two other Quebec properties
Northern Quebec is certainly no stranger to mineral exploration, but, unlike many companies active there, Virginia Gold Mines (VIA-M) has chosen to focus on previously unworked territory.The junior ho…
Niocan expands niobium property
Niocan (NIO-M)has added the mineral rights of the closed St. Lawrence Columbium & Metals mine to its 970-acre niobium prospect near Oka, west of Montreal, Que.The newly added claims, which total 630 a…
Rayrock companies reorganize as Pyx Mining
A new company, Pyx Mining, has been formed through the combination of Rayrock Yellowknife Resources (RAY-T), Minera Rayrock (MRN-T) and Inter-Rock Gold (IRO-T).Under the terms of the proposal, Rayrock…
Westmin snubs attempted takeover by Boliden — Vancouver company may exercise shareholder rights protection plan
The board of directors of Westmin Resources (WMI-T) has determined that an unsolicited $593-million takeover bid by Boliden (BOL.IR-T) is “inadequate and not in the shareholders’ best interests.”Bolid…
EXPLORATION ROUNDUP — Argosy drills for gold in Slovakia — Gold distribution augurs well for cost projections
Junior Argosy Mining (AGO-V) continues to expand reserves at Kremnica, a former gold and silver producer in central Slovakia.The project comprises 28 sq. km in the Kremnica epithermal district, about …
EXPLORATION ROUNDUP — Globetrotting Eldorado seeks success in weak gold market — Discovery, resource confirmation take edge off restructuring plan
Exploration work at grassroots and advanced-stage exploration and development projects in Turkey and Brazil is returning heartening results for Eldorado Gold (ELD-T).The company recently discovered go…
EXPLORATION ROUNDUP — Tiomin Res. boosts reserves at Kwale mineral sands project
Toronto-based junior Tiomin Resources (TIO-T) has increased by 54% its reserve estimate at the Kwale heavy mineral sands project in Kenya.The project’s three deposits are now estimated to host 200 mil…
Freegrant Silver gains NB polymetallic deposit
A polymetallic deposit at Sisson Brook, N.B., is now in the hands of Freegrant Silver, a privately owned New Brunswick-based firm.The property, situated 30 km north of Fredericton, was drilled in the …
EXPLORATION ROUNDUP — Indomin takes on prospects in South Africa, Zimbabwe —
Junior spreads out from IndonesiaOnce known mostly for its Indonesian gold and diamond projects, Indomin Resources (IRL-V) has entered the African exploration scene with promising grassroots gold proj…