1992

Spot prices at a glance (October 05, 1992)

Week’s Price (US) Change Gold* $349.00 + $0.10 Silver* $ 3.77 – $0.07 Platinum* $367.50 + $3.25 Nickel** $ 3.03 – $0.06 Lead** $ 0.27 $0.00 Copper $ 1.06 – $0.02 Zinc $ 0.58 – $0.03 Courtesy of Scotia…


Hecla gets permits for Grouse Creek

Federal and state environmental permits for development and production at Grouse Creek were recently received by owner Hecla Mining (NYSE). Permitting for the operation, in south-central Idaho, was de…


SEG, KWG continue Granada work

Joint venture partners SEG Exploration (ME) and KWG Resources (ME) are proceeding with the collection of a bulk sample from their Granada gold property near Val d’Or, Que. The 20,000-ton sample will b…


METAL PRICES — FREE MARKET (October 05, 1992)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sept. 29 Sept. 28 Sept. 25 Sept. 24 Sept. 23 Copper 1318-1320 1367-1368 1393-1394 13…




Placer sells Big Bell interest

The 50% interest in the Big Bell gold mine in Western Australia belonging to Placer Pacific, the 75.7% owned subsidiary of Placer Dome (TSE), has been sold to Poseidon Gold of Australia for about US$8…


Kalahari tests mag anomaly in Quebec

Vancouver-based Kalahari Resources (VSE) recently optioned 1,000 claims in the Eastern Twps. of Quebec from Peter Ferderber and Associates in exchange for 300,000 shares. The claim group, called the A…



Drill results should boost Williams Creek reserves

Initial results from this year’s drill program have partners Western Copper Holdings (VSE) and Thermal Exploration (ASE) predicting an increase in reserves at the Williams Creek copper-oxide project 2…


METAL PRICES — FREE MARKET (September 28, 1992)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sept. 22 Sept. 21 Sept. 18 Sept. 17 Sept. 16 Copper 1404-1405 1417-1419 1382-1385 13…


NEWS ROUNDUP — Breckenridge options Spanish ground

Breckenridge Resources (VSE) has optioned the Eldorado mineral concession in Malaga province, Spain, from Harlequin Resources. The 2-year deal allows Breckenridge to earn 100% interest in the property…


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