Aber drilling copper-zinc prospect
Drilling is under way on the High Lake base metal project in the Northwest Territories following an option agreement between Kennnecott Canada and Aber Resources (TSE). At a recent annual meeting, Abe…
1992
FINANCING (June 29, 1992)
International Brace Res Inc. – 900,000 units consisting of 1 sh and 2 wts offered @ 54 cents per unit. DRT Res. Ltd. – 1,000,000 shs offered @ 16 cents per sh. Vananda Gold Ltd – 300,000 shs offered @…
Strike continues at Giant mine
Management of Royal Oak Mines (TSE) is showing no signs of backing away from the use of replacement workers to continue production at its Giant gold mine near Yellowknife, N.W.T. President Margaret Wi…
Spot prices at a glance (June 29, 1992)
Week’s Price (US) Change Gold* $344.00 + $1.90 Silver* $ 4.04 – $0.07 Platinum* $366.60 – $2.65 Nickel** $ 3.23 – $0.01 Lead** $ 0.25 $0.00 Copper $ 1.06 + $0.02 Zinc $ 0.59 $0.00 Courtesy of Scotiaba…
TORONTO STOCK EXCHANGE INDICES (June 29, 1992)
June 23 June 22 June 19 June 18 June 17 High Low Composite”300″3343.02 3340.66 3350.89 3357.17 3368.19 4009.47 3009.91 Metals&Minerals 3095.19 3095.46 3101.27 3068.12 3125.80 3453.06 2502.63 Integrate…
GOLD FUNDS (June 29, 1992)
BGR Central Net Value $8.15 $5.09 Price $6.75 $4.65 Discount 17.14% 8.60% Value $48,503,000 $78,232,995…
Program planned near Kerr deposit
Since taking control of Kenrich Mining (VSE) and Ambergate Explorations (VSE), Ken Trociuk has spent considerable time and money ensuring the two juniors have clear and undisputed title to their geolo…
Bema, Amax renegotiating gold loan to build Refugio
Low gold prices and investor indifference have made the past year a challenging one for Bema Gold (TSE), a Vancouver-based junior attempting to finance its Refugio gold project, a joint venture, in th…
Polaris gold zone extended
Recent drilling on the Polaris-Taku property in northwestern British Columbia has extended the strike length of the C vein about 350 ft. to the east at the 400-ft. level. Suntac Minerals (VSE) is earn…
METAL PRICES (June 29, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 23 June 22 June 19 June 18 June 17 Copper 1235-1236 1234-1235 1242-1243 1225-12…
U.S. REPORT (June 29, 1992)
Production at the Crofoot/Lewis heap leach mine in Nevada reached a new record for the month of May with 10,109 oz. gold and 58,708 oz. silver produced. Hycroft Resources (VSE), owner of the mine, rep…
PRODUCER PRICES (June 29, 1992)
ALUMINUM: MW U.S. market US60.25-60.75 cents per lb. (June 4, 1992). ANTIMONY: New York dealer US80-85 cents per lb. (May 21, 1992). BISMUTH: New York dealer US$2.40-2.65 per lb. (May 21, 1992). CADMI…