PRODUCER PRICES (September 12, 1994)
ALUMINUM: MW U.S. market US71.5-72.5 cents per lb. (Aug. 25, 1994). ANTIMONY: MW New York dealer US$2.35-2.50 per lb. (July 21, 1994). BISMUTH: MW New York dealer US$3.75-4.25 per lb. (July 28, 1993)….
1994
Gibraltar drops Mount Polley option
Having carried out a first phase of work, Gibraltar Mines (TSE) has decided not to proceed with the second phase of its option on the Mount Polley copper-gold project in central British Columbia. The …
TORONTO STOCK EXCHANGE INDICES (September 12, 1994)
— 1994 — Sep 6 Sep 5 Sep 2 Sep 1 Aug 31 High Low Composite”300″ 4347.17 N/A 4344.22 4344.34 4349.50 4609.93 3518.31 Metals&Minerals 4058.75 N/A 4071.17 4066.32 4093.80 4096.72 3273.56 Integrated Min…
Stratmin gets stake in Applied Carbon
Graphite producer Stratmin (ME) will buy 52% of the issued and outstanding shares of Applied Carbon Technology (TSE), its main competitor in North America. Applied Carbon’s main assets are a blending …
Echo Bay directors adopt rights protection plan
The directors of Echo Bay Mines (TSE) have adopted a shareholders’ rights protection plan, or “poison pill.” The plan can be enacted if any person or group acquires more than 20% of the company’s comm…
Ramrod drilling tests Matthews gold property
Junior Consolidated Ramrod Gold (TSE) has released more results from an ongoing drill program at the Matthews property in the Wenatchee district of eastern Washington state. The company controls prope…
EDITORIAL PAGE — Lively bidding battle
The summer doldrums were kept at bay this year by the lively battle for control of Lac Minerals, launched by Royal Oak Mines in early July. The company recently withdrew from the bidding war, paving t…
IGR drilling at Bibiani gold project
TSE-listed International Gold Resources has completed the first phase of reverse circulation drilling at the past-producing Bibiani mine in Ghana, West Africa. Seventy-four holes, totaling 29,200 ft.,…
Progress at Tulsequah Chief
Encouraged by results from an exploration program involving both surface and underground work, Redfern Resources (TSE) has accelerated permitting and engineering feasibility studies for its Tulsequah …
Platinum mine for Zimbabwe
Australian mining company Delta Gold and the Zimbabwean government have signed a contract for a new platinum mine that represents the biggest single foreign investment in the country since its indepen…
Cons. Bonanza to acquire gold mine in Mozambique
Alberta-listed Consolidated Bonanza Metals will acquire all of the shares of Mincor Mozambique, which holds a 20-year mining licence in Mozambique. The licence contains the Monarch gold mine, which co…
Centurion adds to Tintic area holdings
In return for cash and common stock, Centurion Mines (NASDAQ) has acquired the Grand Central mine and 70% control of Mammoth Mining, thereby securing a prospective land package encompassing about 500 …