METAL PRICES (February 24, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 18 Feb 17 Feb 14 Feb 13 Feb 12 Copper 1266-1267 1243-1244 1253-1254 1255-1256 12…
1992
KWG and SEG drill Granada
An ongoing exploration program at the Granada property six miles southwest of Rouyn-Noranda, Que., is focusing on shallow surface drilling (to 100 ft.) of the No. 1 and 2 vein systems, KWG Resources (…
NEWS ROUNDUP (February 24, 1992)
The deepest hole yet drilled on Glencairn Explorations’ (ASE) Goodfish property near Kirkland Lake, Ont., has encountered 25 ft. of gold-bearing mineralization. The mineralized zone, which was logged …
Vancouver Stock Exchange (February 24, 1992)
Although the VSE’s composite index managed a gain of 11.25 points to finish at 665.05 for the week ended Feb. 18, the resource index remained virtually unchanged at the 523-point level. A lack of furt…
Dickenson close to decision on using bioleaching
Is Dickenson Mines (TSE) poised to become the operator of the first commercial-size bioleach operation in North America? President Robert McEwen is making no public commitment, but the company did go …
EDITORIAL PAGE (February 24, 1992)
The controversy over Ontario mines minister Shelley Martel, regardless of its final outcome, reflects how far the province’s mining industry has passed into decline. An all-party legislative committee…
Drop in value of mineral output worries MAC
Concern about Canada’s 1991 mineral production results released by Energy, Mines & Resources (EMR) has been expressed by the Mining Association of Canada (MAC). Based on estimates prepared by EMR, the…
FUTURES PRICES (February 24, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb 102.50 102.00 102.05 + 3.55 Mar 103.00 102.15 102.25 + 3.65 Apr 102.10 101.50 101.60 …. SILVER (in US cents…
Ondesa acquires Andaurex shares, cancels placement
Toronto junior Andaurex Resources (VSE) reports Ondesa Holding Ltd. has completed the previously announced acquisition of a 19.9% interest in Andaurex by way of a private placement. Ondesa bought the …
Montreal Exchange (February 24, 1992)
Drill results from a program at the Granada property near Rouyn-Noranda, Que., gave project partners KWG Resources and SEG Exploration a lift during the week ended Feb. 18. The exploration program is …
Unlisted Trading (February 24, 1992)
Taking top spot on the most active list for the fifth week in a row, Canmine Resources lost 4 cents to close at 57 cents as drilling commenced on the FER copper-zinc property in northern Manitoba. Ove…
Geologists meeting at Wolfville ’92
Billed as the largest meeting of geologists in Canada, the joint Geological Association of Canada and Mineralogical Association of Canada annual meeting will take place May 25-27 at Acadia University,…