Metal Prices — FREE MARKET (June 19, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateJune 13 June 12June 9June 8June 7Copper2904-2905 2920-29222914-29162888-28892867-2870Lead617-618 615-615.5 611-612 601-602 …
News
Diamond News Roundup — KWG, Spider find more kimberlites in northern Ontario
The number of diamondiferous kimberlites known to exist on the James Bay Lowlands property of KWG Resources (ME) and Spider Resources (ASE) is now five.Two kimberlites, referred to as Kyle No. 2 and N…
Viceroy stacks up profits
The Castle Mountain open-pit, heap-leach mine in California’s San Bernardino Cty. continues to pump out profits for 75% owner Viceroy Resources (TSE).The company earned $11.6 million, or 50 cents per …
STOCK MARKETS — TSE neutral as economy shows signs of a slowdown
Fears that the Canadian economy may be headed back into a recession kept eastern markets in check this week as the TSE 300 composite managed only a slight gain. Over the 5-day report period ended June…
PRODUCER PRICES (June 19, 1995)
ALUMINUM: MW U.S. market US84.5-85.5 cents per lb. (June 9, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995).CAD…
BDG loses its legal battle against Teck
A lawsuit launched by BDG Pacific Resources (VSE) against Teck (TSE) has been decided in favor of the latter.The junior, previously known as Bridger Resources, alleged that Teck had breached a contrac…
Komis gold deposit reinterpreted
At the Komis gold property in Saskachewan’s La Ronge belt, Waddy Lake Resources (TSE) has defined areas along strike and down-plunge that could contain additional minable reserves.Underground test min…
Wheaton drills Grizzly and Ursa
A $5-million drill program is under way on Wheaton River Mineral’s (TSE) Golden Bear property in northwestern British Columbia.Underground diamond drilling is attempting to delineate the Grizzly depos…
Companies (June 19, 1995)
INDEXAdrianArchangel DiamAsarcoAshton MngBaja GoldBattle MtnBDG PacificCanarcCanyonCluffComaplexComincoCominco IntlCons MadsnCrystallex CumberlandDiamond FldsEast AfricaEcho BayEtruscan F…
Asarco triumphs in ’95 first quarter
U.S. mining giant Asarco (NYSE) earned US$65.7 million, or US$1.56 per share, in the first quarter — a substantial jump from the US$26.6 million, or 64 cents per share, earned in the same period last…
Geomaque’s San Francisco prepares for production
Construction of the San Francisco mine here in Sonora state is moving ahead as Geomaque Explorations (TSE) works toward its goal of pouring gold by August of this year.Output for 1995 is projected at …
Inco partnership secures future of Diamond Fields
Officials of Diamond Fields Resources (TSE) say the recently formed partnership with Inco (TSE), aimed at advancing the Voisey Bay nickel-copper-cobalt deposit near Nain, Labrador, is a “win-win” situ…