Greatest Value Traded, May 7-13
ExchgValue($000s)HighLowCloseChangeBarrick GoldT3…
1997
PRODUCER AND DEALER PRICES (May 19, 1997)
Aluminium: LME settlements US$1,634 per tonne, alloy $1,500 per tonne (May 13/97).Antimony: Composite free market, US$2,220 per tonne (May 13/97).Bismuth: Composite free market US$3.30 per lb. (May 13…
Golden Hemlock plans more drilling in Sinaloa
Having carried out a first phase of exploration on its San Jose de Gracia gold project in western Mexico, Golden Hemlock Resources (GHE-V) is preparing to conduct follow-up drilling.The first phase co…
Barrick works to upgrade Diablillos project in Argentina — Company shares indirect interest in gold-silver project with Pacific Rim Mining
In an attempt to increase the resource of the Oculto gold-silver zone, Barrick Gold (ABX-T) has completed an 8,000-Metre drill program on the Diablillos property in the northwestern Argentine province…
METAL PRICES — Daily Metal Prices (May 19, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateMay 13May 12May 9May 8May 7…
EDITORIAL AND OPINION — One for the history books — Strathcona bursts the bubble
We broke one of our own rules this week. The editorial staff of The Miner threw caution to wind and gathered up some loose change to buy an equity position in Bre-X Minerals. Normally, writers are not…
Drillers’ forum addresses future of worldwide mineral exploration industry
While Canadian drillers have prospered over the past year, thanks in equal measure to hot domestic projects, such as Voisey’s Bay in Labrador, and exploration in foreign jurisdictions, prospects for t…
DIAMOND PAGE — Dia Met and BHP resolve claim dispute
A claim dispute regarding the Northwest Territories Diamonds project has been resolved.Australian mining giant Broken Hill Proprietary (BHP) has signed two separate agreements with its partners in the…
STOCK MARKETS — VSE slips slightly as Indonesian juniors suffer mightily — Latin America, Canadian diamonds hot as investors shop around
The Vancouver Stock Exchange composite index was down less than 1% for the report period ended May 6, slipping 9.84 points to close at 1,012.85. The resource index shed 32.01 points, or 1.7%, to finis…
STOCK MARKETS — TSE 300 composite claws back above 6,000 mark — Bre-X blackens eyes of jungle explorers; Inco, Rio hitched to nickel’s rise
Not since the report period of March 19 has the Toronto Stock Exchange 300 composite index risen above the 6,000 mark.It returned to that peak during the report period ended May 6, rising 226.4 points…
Energold forms JV with Treminco
Treminco Resources (TMO-T) is the latest in a growing number of companies that have entered into joint ventures in the Dominican Republic with Vancouver-based Energold Mining (EGD-V).Treminco intends …
Exploration spending up in 1996
Spending on mineral exploration in Canada increased last year over figures recorded for 1995, according to a report released by Natural Resources Canada. .TThe level rose to $873 million from $718 mil…