PRODUCER & DEALER PRICES (August 11, 1997)
Aluminium: LME settlements US$1,723.50 per tonne, alloy $1,490 per tonne (Aug. 5/97).Antimony: Composite free market, US$1,900 per tonne (Aug. 5/97).Bismuth: Composite free market US$3.70 per lb. (Aug…
News
High Desert Minerals rolls in royalty interests
High Desert Minerals (hdr-v) has entered into a non-arm’s-length letter of intent to merge with Royal Hal, SLH and Gold Trend — private companies owned by Sean and Lee Halavais.The Halavaises are the…
People — BHP MINERALS
John Grubb appointed senior vice-president for Zimbabwe.
DIAMOND PAGE — Winspear recovers diamonds at Camsell
Winspear Resources (wsp-v) has recovered diamonds from holes drilled into a complex kimberlite breccia at the Camsell Lake project in the Northwest Territories.The first hole drilled on a geophysical …
High River advances Taparko gold project
High River Gold Mines (hrg-t) has upgraded to 1 million oz. its gold resource estimate for three deposits on the Taparko Shear zone in Burkina Faso.The indicated and inferred resource for the three zo…
Exhibition focuses on Zimbabwe
The mining potential of Zimbabwe will be the focus of an exhibition to be held in Harare from Nov. 10 to 13.Entitled, “Zimine ’97,” the conference will showcase the African country’s burgeoning minera…
St Andrew extends Taylor West porphyry
Exploratory drilling by St Andrew Goldfields (sas-t) at its Taylor gold property near Matheson, Ont., has extended the west porphyry zone another 122 metres westwards, bringing its known length to 610…
May output down for most primary minerals
Canadian production of iron ore and potash increased in May, compared with the same period last year. However, output of gold, silver, lead, zinc, nickel, asbestos and copper was down.The statistics s…
Juniors hit copper zone at Estaco
Recent drilling has confirmed the presence of a wide zone of copper mineralization within a known massive sulphide deposit at the Estaco base metal project in the Aljustrel area of southern Portugal.F…
NEWS IN BRIEF (August 11, 1997)
NCC Mining (NC-V) has changed its name to BMA Mining (BMA-V) on a 1-new-for-7-old-share basis.
Vista optimistic following Amayapampa feasibility
Despite a generally positive feasibility study for the Amayapampa gold project in Bolivia, Vista Gold (vgz-x) says mining would be uneconomic unless gold prices rise above US$350 per oz.The study call…
DIAMOND PAGE — Namco incurs quarterly loss
British-based Namco (nmr-t) incurred a loss of just over$3 million for the year ended May 31, 1997.The company continued development of its sea-floor diamond project off the coast of Namibia, which is…