PRODUCER PRICES (January 27, 1997)
ALUMINIUM: LME settlements US$1,608 per tonne, alloy $1,535 per tonne (Jan. 21/97).ANTIMONY: Composite free market, US$2,350 per tonne (Jan. 21/97).BISMUTH: Composite free market US$3.25 per lb. (Jan….
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LME WHSE LEVELS (January 27, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.20/97 (change from previous week in brackets):Aluminium963,325(-5,175)Copper143,225(+11,750)Lead115,375(-2,275)Nickel49,…
Infill drilling adds to Agua Rica
The latest results from infill drilling are adding more promise to the Agua Rica porphyry copper deposit in Argentina.Situated in Catamarca province, the project is a joint venture between Northern Or…
STOCK MARKETS — Gold’s slide doesn’t faze TSE
Seven consecutive winning days pushed the Toronto Stock Exchange’s composite 300 index beyond the 6,100 mark for the first time ever during the Jan. 15-21 trading period. The index hit record highs on…
Placer gains majority stake in Highlands Gold
Gold giant Placer Dome (PDG-T) now owns more than 58% of the shares of Highlands Gold, a Papua New Guinean mining company”We have received a high level of acceptances and are happy with the outcome of…
Chivor resumes development work at Colombia’s Oriente emerald mine
Following a short holiday break, Chivor Emeralds (CHIV.U-C) has resumed operations at its Oriente emerald mine in the Chivor district of Colombia.Chivor has an 80% interest in the mine and is concentr…
LatinGold plans drill program
A drill program by LatinGold (LAT-T) will test the company’s newly acquired Las Golondrinas gold property in southern Colombia.The property covers a quartz-diorite stock containing gold-pyrite-quartz …
ODDS’N’SODS — The McQuarrie clan
Hector McQuarrie, my father-in-law, was born and raised in the Halifax-Dartmouth area of Nova Scotia and became involved in mining when he obtained a job at a small gold operation in Moose River, N.S….
Teck and W. Copper report mixed results from Mexico
Recent drill results from the Salvador massive sulphide property in central Mexico amount to good news and bad news for partners Teck (TEK-T) and Western Copper Holdings (WTC-V).While the follow-up pr…
PEOPLE — AQUILINE
Colin Godwin appointed director.
PEOPLE — AMERICAN COMSTOCK (January 20, 1997)
Rajinder Parhar appointed director.
NEWS IN BRIEF (January 20, 1997)
Consolidated Cline Development (CFD-V) has changed its name to Cline Mining (CMK-V).