1993


COMMENTARY — Copper cost trends lower

Average cash operating costs for Western World copper mines have fallen during the past three years, to US54 cents per lb. in 1992 from US54.5 cents in 1991 and US58.8 cents in 1990. Much of this fall…




Spot prices at a glance (November 15, 1993)

Week’s Price (US) Change Gold* $375.50 + $12.50 Silver* $ 4.53 + $0.32 Platinum* $376.75 + $8.75 Nickel** $ 2.12 + $0.05 Lead** $ 0.18 $0.00 Copper $ 0.75 + $0.01 Zinc $ 0.42 $0.00 Courtesy of Scotiab…


TSE Short Positions (November 15, 1993)

Semi-monthly reports as of Oct 31, showed 76,776,043 shares of 792 issues compared with 73,370,624 shares of 797 issues on Oct 15. Larger individual positions included: Aber 124,200; Agnico-Eagle 249,…



Inter-rock strikes Daisy gold

Having finished its first phase of drilling at the Daisy property in Nevada’s Beatty Twp., Inter-Rock Gold (ME) describes the results as positive. Thirty reverse-circulation rotary drill holes, totali…


World Wide options Ecuadorian prospects

Toronto-listed World Wide Minerals (TSE) has acquired an option on six gold and base metal properties in Ecuador. Nestled in the Andes, the properties are underlain by structurally deformed volcanic r…


BHP plans to drill in Tanzania

Work is continuing on two concessions in Tanzania under the direction of BHP Minerals International. The company is earning a 66% and a 58% interest, respectively, in the Kagera and Kabanga ground fro…


KEGS lecture

Phil Romig, professor and head of the geophysics department at the Colorado School of Mines, will deliver a talk titled “Environmental Geophysics: Fads or Future?” The lecture, hosted by the Canadian …


Production milestone for McLaughlin mine

New York-listed Homestake Mining plans to celebrate the pouring of the two-millionth ounce of gold from the McLaughlin mine at Lower Lake, Calif. The milestone was set Oct. 15, and will be commemorate…


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