PRODUCER PRICES (December 07, 1992)
ALUMINUM: MW U.S. market US52.75-53.75 cents per lb. (Nov. 20, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jul. 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 199…
1992
Gold Funds (December 07, 1992)
BGR Central Net Value $7.76 $5.18 Price $6.38 $4.70 Discount 17.89% 9.3% Value $44,588,000 $79,074,210…
NEWS IN BRIEF (December 07, 1992)
Buffalo Resources Ltd. (BUF:VSE) has changed its name to Kruger Explorations Ltd. (KRU:VSE) with a consolidation of capital on a 1-new-for-4-old-share basis.
Spot prices at a glance (December 07, 1992)
Week’s Price (US) Change Gold* $335.10 + $0.35 Silver* $ 3.76 $0.00 Platinum* $361.50 + $5.25 Nickel** $ 2.53 + $0.06 Lead** $ 0.21 $0.00 Copper $ 0.98 + $0.01 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…
Newmont active at Ivanhoe venture
With leaching continuing at the Ivanhoe joint venture in Nevada, Cornucopia Resources (TSE) reported net earnings for the quarter ended Sept. 30 of US$76,000 on sales of US$643,000. Now a joint ventur…
Reserves rise at Noble Peak zinc project
Ore reserves at Noble Peak Resources’ (ASE) Crypto zinc property near Salt Lake City, Utah, are nearing the 10-million-ton threshold needed for commercial production, shareholders were recently told a…
Echo Bay developing pair of Alaskan projects
Gold producer Echo Bay Mines (TSE) has two major development projects in southeast Alaska, Alaska-Juneau and Kensington. Together, they have the potential to increase annual gold production by about 4…
FREE MARKET (November 30, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov. 24 Nov. 23 Nov. 20 Nov. 19 Nov. 18 Copper 1410-1411 1403-1404 1396-1397 1393-13…
Cyprus shuts down molybdenum mine
As a result of weak demand in the worldwide steel business, Cyprus Minerals (NYSE) recently announced a temporary shutdown of its Thompson Creek primary molybdenum mine in Idaho. The operation employe…
EXPLORATION ’92 — Hemlo Gold boosts production
Gold production increased to 378,000 oz., up 6% over the first nine months of 1991 because of higher output from the Golden Giant and Silidor mines, Hemlo Gold Mines (TSE). The company’s share of gold…
LETTERS TO THE EDITOR — Lauding coverage of offshore
I would like to compliment The Northern Miner and the Southam Mining Group on their expanding coverage of global mining issues, especially projects elsewhere in the Americas. I have particularly enjoy…
NEWS ROUNDUP — Cross Lake in option deals
An option to earn up to a 70% interest in 18 claims in Fox and Stimson twps. 45 miles northeast of the Kidd Creek operation near Timmins, Ont., has been negotiated by Noranda Exploration with Cross La…