EPA fines Cominco
Cominco Alaska, a wholly owned subsidiary of Cominco (CLT-T), will pay a US$1.7-Million fine to the U.S. Environmental Protection Agency for various Clean Water Act infractions that occurred during th…
News
Homestake eyes Polish potential
Homestake Mining (HM-N) can earn a minimum 75% interest in several gold properties in western Poland controlled by FX Energy, an oil and gas firm based in Salt Lake City, Utah.Homestake will spend US$…
ConSil increases Mexican resource
Idaho-based ConSil (CS-V) will buy the assets of Minas la Colorada, a Mexican company which owns two silver mines in Zacatecas state.ConSil reached the agreement with the principal shareholders of Min…
Greatest Value Traded, July 9-15
ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…
Spot Prices (July 21, 1997)
Wednesday, July 16, 1997Price (US)Week’s ChangeGold*$319.50+ $3.75Silver*$ 4.32…
Mineral Resources, Australia’s AGD propose merger
Directors of Toronto-based Mineral Resources (MIC-T) and Melbourne-based Australian Gold Development (AGD) have proposed merging the two companies.The proposal involves merging one Mineral Resources s…
Toronto Stock Exchange Indices (July 21, 1997)
1997July 15July 14July 11July 10July 9HighLowComp…
Producer and Dealer Prices (July 21, 1997)
Aluminium: LME settlements US$1,546.50 per tonne, alloy $1,395 per tonne (July 15/97).Antimony: Composite free market, US$2,020 per tonne (July 14/97).Bismuth: Composite free market US$3.80 per lb. (J…
ODDS ‘N’ SODS — Mission: Impossible
Mining properties with mineral grades a little too low for comfort are not new.In fact, The Northern Miner reported on a property with, as it turned out, low grades sometime in the late 1950s or early…
NDT drilling near Voisey’s Bay
Vancouver-based NDT Ventures (NDE-V) is now drilling the Voisey’s Bay donut hole.The Project 61 property, a joint venture with Takla Star Resources (TKR-A), is completely surrounded by the original Vo…
Abacus on the lookout in Alaska
Results from the first seven holes drilled on the Niblack massive sulphide property in southeastern Alaska have expanded, both downdip and along strike to the west, the known area of gold mineralizati…
Metal Prices — Daily Metal Prices (July 21, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJuly 15July 14July 11July 10J…