PRODUCER PRICES (February 06, 1995)
ALUMINUM: MW U.S. market US97.5 cents-98.5 per lb. (Jan. 13, 1995). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Dec. 2, 1994). BISMUTH: MW New York dealer US$3.90-4.10 per lb. (Dec. 23, 1994). …
News
NEWS ROUNDUP — Aur repays bank debt
Base metal miner Aur Resources (TSE) has repaid the outstanding bank debt of $28.4 million that was incurred to fund its share of development costs at the Louvicourt copper-zinc-gold mine in Val d’Or,…
NEWS ROUNDUP — Blue Emerald eyes yellow metal
Having undergone management changes and having opted against buying an opal project in British Columbia, Blue Emerald Resources (VSE) is ready to begin exploring for gold. While it reviews several pro…
Conference set for Ethiopian city
A conference and exhibition on “mineral investment opportunities in Ethiopia” is set for Feb. 14-16 in Addis Ababa. The morning of the first day of the conference will feature talks on various topics,…
MINING IN AFRICA SPECIAL — Radisson secures rights in CAR
A subsidiary of Radisson Mining Resources (ME) has gained the right to prospect, extract and sell minerals such as diamonds and gold on a 110,000-acre property in the Central African Republic (CAR). T…
MINING IN AFRICA SPECIAL — Tan Range plans bulk sampling
As soon as the dry season arrives in April, Vancouver-based Tan Range Exploration (ASE) plans to begin bulk sampling at its Tabora diamond concession in central Tanzania. The property comprises 20 sq….
Claimstaker drill program tests Bonaparte property
At the Bonaparte gold property near Kamloops, B.C., Claimstaker Resources (VSE) has completed an 18-hole drill program. Shallow drilling of 3,193 ft. tested the Crow-Jay, one of six veins identified b…
NEWS ROUNDUP — Gold Canyon, Santa Fe to drill
The Canadian subsidiary of Santa Fe Pacific Gold (NYSE) has formed a joint venture with Gold Canyon (VSE) to explore the Springpole gold project near Red Lake, Ont. Canyon will fund a $500,000 drill p…
Dynacor producing gold from Siscoe
A bulk sample from the Siscoe property near Val d’Or, Que., has yielded three ingots representing about 1,000 oz. gold. Dynacor Mines (ME) says the sample consisted of 19,260 tons from the Roger zone,…
MINING IN AFRICA SPECIAL — Oliver in Mali and Zimbabwe
A newcomer to the African continent, Oliver Gold (VSE) has acquired interests in projects in Zimbabwe and Mali in five short months. The company acquired a half interest in a private Zimbabwe company …
MINING IN AFRICA SPECIAL — Antares advances Lady Lina play
Exploration drilling and underground development continues at the flagship Lady Lina gold property of Antares Mining and Exploration (TSE) in Zimbabwe. Antares hopes to complete a feasibility study by…
Metal Prices — FREE MARKET (February 06, 1995)
London Metal Exchange Spot closing prices in $US per tonne Date Jan 31 Jan 30 Jan 27 Jan 26 Jan 25 Copper 2977-2978 2967-2968 3002-3003 3002.5-3003.5 3020-3022 Lead 654.5-655.5 648-649 673.5-674.5 676…