METAL PRICES — FREE MARKET (January 25, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan. 19 Jan. 18 Jan. 15 Jan. 14 Jan. 13 Copper 1427-1428 1433-1434 1445-1446 1438-14…
1993
Great Lakes negotiates processing by Copper Range
Copper ore from the 543-S project of Great Lakes Minerals (TSE) in Michigan’s Keweenaw Cty. will be processed by Copper Range Co., a unit of Metall Mining (TSE), under a deal being negotiated by the c…
Work under way at Mobrun project
The first phase of development at the 1100 lens at the Mobrun polymetallic property, 19 miles northeast of Rouyn-Noranda, Que., is under way, Audrey Resources (TSE) reports. By the end of 1992, the sh…
PEOPLE — PEGASUS GOLD (January 25, 1993)
Steven Banning appointed vice-president, operations.
Joutel increases Cuban exposure
An arms-length agreement with a private company has given Joutel Resources (TSE) an exposure to 11,000 sq. km of ground in Cuba. Joutel says it has signed a deal with Earthunt International Minerals C…
OPINION — Living with the GST
Vera Eden joined the goods and services tax (GST) revolt the other day. When a plumber came to her Victoria home, she paid him for his work, but they agreed to ignore the GST. “We hate it,” said Eden,…
Mine design conference set for Kingston in August
Speakers at the mine design conference Aug. 23-26 in Kingston, Ont., will represent mining interests from all over the world. The conference is part of Queen’s University’s centennial celebration. The…
Trading on TSE jumps 25.5% in 1992
The number of shares traded on The Toronto Stock Exchange (TSE) jumped by 25.5% to 7.3 billion in 1992, according to a recent report from the exchange. Compared with 1991, the total value traded was u…
Lumina assembling land package
Mine financier Robert Hunter is getting into the diamond exploration business. As president of Lumina Investment (VSE), Hunter is overseeing the assemblage of a “significant” property portfolio in bot…
PRODUCER PRICES (January 18, 1993)
ALUMINUM: MW U.S. market US57-58 cents per lb. (Jan. 8, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CAD…
Curator acquiring Baja property
A recently completed agreement-in-principle gives International Curator Resources (VSE) the right to purchase a 100% interest in the Boleo copper-cobalt property in Baja, Mexico, from Minera Terra Gai…
Amax Gold eyes Golden Summit
A letter of intent was recently signed allowing Amax Gold (NYSE) the right to earn an interest in the Golden Summit project near Fairbanks, Alaska. Freegold Recovery (VSE), which has been exploring th…