Toronto exchange surpasses records
The value of shares traded so far this year on the Toronto Stock Exchange topped $100.4 billion, breaking the previous yearly record of $100.3 billion set in 1987. This year, the Toronto Stock Exchang…
1993
STOCK MARKETS — Gold emerges unfazed by tense Russian
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…
FREE MARKET (October 04, 1993)
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…
PRODUCER PRICES (October 04, 1993)
ALUMINUM: MW U.S. market US52.50-53.00 cents per lb. (Sept. 16, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.60 per lb. (Sept. 9, 19…
Royal Oak gets safety record
The Timmins division of Royal Oak Mines (TSE) achieved more than one million manhours of consecutive service without experiencing a lost-time accident. The record was confirmed by staff of the Mines A…
Gregor drilling tests Marathon gold project
A 12,000-ft. program has begun on Gregor Goldfields’ (CDN) Marathon gold project, near Hemlo, Ont. The drilling is intended to test the strike length, width, depth and continuity of five known gold-be…
Lihir partners sign new agreement !@DATELINE=VANCOUVER
Partners in the Lihir gold project in Papua New Guinea plan topool their interests and form a publicly traded company to develop the play. The partners currently include 80%-owner RTZ (NYSE) and Niugi…
ODDS’N’SODS — The Jogran staking rush (2)
The morning dawned dark and foggy. Lake Superior was living up to its reputation without question. It was clear that neither a helicopter nor an airplane would be of much use. With so many witnesses p…
ELECTION ’93 — MINING FOR ANSWERS — Liberal Party warns of
In preparation for the Oct. 25 federal election, The Northern Miner has asked representatives of four of the main political parties to respond to a series of questions pertaining to mining. All repres…
STOCK MARKETS — Base metals among losers in lacklustre week
Gold bobbed around in the neighborhood of about US$350 per oz. during our report week (ended Sept. 28) and the gold equities more or less held their ground. Typical of the week were American Barrick, …
Corrections (October 04, 1993)
The Great Diamond Debate, reported on in a story last week, failed to mention that the conference was the Las Vegas “Investment in Mining Conference” held in Las Vegas, Sept. 15-18.
Metals sub-index moves up in July
The metal and mineral sub-index of The Bank of Nova Scotia’s commodity price index edged up in July alongside somewhat stronger prices for copper, aluminum, gold and silver. However, economist Patrici…