1993

Semi-monthly reports as of Sept 15 showed 76,538,373 shares of 760 issues compared with 75,759,200 shares of 729 issues on Aug 31. Larger individual positions included: Aber 134,000; Agnico-Eagle 91,1…

The recent settlement of all amounts owed to Arimetco International (TSE) by Breakwater Resources (TSE) will result in the cancellation of receivables totaling about $5 million. In return for cancelin…

Despite a general downturn among diamond issues and a stable gold price at the US$355-per-oz. level, both the Vancouver Stock Exchange resource and composite indexes gained ground. During the period e…

A zone of alteration with massive sulphide mineralization has been intersected on the Fer property in northern Manitoba, reports Canmine Resources (CDN). The new zone, termed the Prism, is on the Coll…

Mink Mineral Resources (VSE) will soon begin a second phase of exploration on the Niaouleni gold concession in Mali. Viceroy Resources (TSE) is funding the work through an option to earn a 70% interes…

Another gold sale was made by Fairfield Minerals (TSE) from test-mining activities at its Siwash North deposit near Merritt, B.C. The company sold 2,200 tons of high-grade ore to Asarco, to be process…

There is one clear winner in the effort to cut mining-related sulphur dioxide emissions — the air itself over much of Canada. For example, between 1950 and 1972, sulphur dioxide emissions from the Su…

Ian McDonald appointed director, chairman and chief executive officer; V. Jutronich appointed director, president and chief operating officer; Peter Tredger appointed director and vice-president, fina…

Guest speaker at the Oct. 14 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum will be Peter Steen, president of Homestake Mining of San Francisco. Steen’s t…

Flagging copper prices have prompted Arimetco International (TSE) to cut costs. Staff at the Tucson office was reduced by 20%, company cars were eliminated and officers suffered salary cuts. Indeed, C…

A continuing standoff at the Russian Parliament buildings had little, if any, effect on the price of gold over the trading period ended Sept. 28. The yellow metal finished little-changed at the US$355…

London Metal Exchange Spot closing prices in $US per tonne Date Sept. 28 Sept. 27 Sept. 24 Sept. 23 Sept. 22 Copper 1722-1723 1756-1757 1759-1760 1743-1744 1755-1757 Lead 364-365 364-365 366-367 358-3…