NEWS ROUNDUP — Friedland sells Vengold shares
Controversial Vancouver promoter Robert Friedland is severing his ties with Vengold (TSE). Friedland sold 2.8 million shares to several arm’s-length investors, plus 445,000 shares in a private transac…
News
NEWS ROUNDUP — Court rejects Exminesa appeal
The Spanish Constitutional Court has rejected an appeal by Exminesa related to royalties owing to Mount Wright Iron Mines (CDN) from the lead-zinc-silver Rubiales mine in Spain. Exminesa was appealing…
COMMENTARY — Marketing clean coal technologies
The Energy Information Administration (EIA) in the U.S. expects world coal consumption to increase by 30% between 1990 and 2010, from 5.1 billion to 6.5 billion tons. Five regions stand out as major f…
Russian gold mining sector undergoes major changes
A major world gold producer for many years, Russia now ranks fifth on an international level, behind South Africa, the U.S., Australia and Canada. Russia produced about 65% of the former Soviet Union’…
Heat sources studied at deep Homestake mine
A graduate student of the University of Nevada, in Reno, has been trying to help Homestake Mining save on its air-conditioning bill at its deep gold mine in South Dakota. Ian Duckworth, a mining engin…
Grant to help complete study
A government grant worth $241,050 will help finance a feasibility study of a spodumene mine and a lithium carbonate plant in Quebec. Montreal-listed partners Charlim Explorations and Wrightbar Mines e…
DIAMOND PAGE — De Beers teams up with Canadian juniors at
Multi-national De Beers Consolidated Mines is operating an exploration program on the Yamba Lake property in the Lac de Gras region of the Northwest Territories. The international diamond company can …
STOCK MARKETS — TSE flat despite strong money markets
A surging dollar, coupled with lower interest rates, failed to ignite the Toronto Stock Exchange during the 5-day report period ended Sept. 13. The composite 300 index was off by 2.95 points to end th…
STOCK MARKETS — Gold’s gains fail to boost western markets
Despite the firming of eastern major markets and gold’s creep upwards to the US$390-per-oz. level, western markets continued to slide during the report period ended Sept. 13. The Vancouver Stock Excha…
Reading our stock trading tables (September 19, 1994)
A comprehensive listing of weekly stock quotations for mining securities is provided by The Northern Miner. To assist readers who often know the name of the stock but not the exchange on which it trad…
METAL PRICES (September 19, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Sept.13 Sept.12 Sept.9 Sept.8 Sept.7 Copper 2503-2504 2497.5-2498.5 2481-2482 2473-2474 2467.5-2468.5 Lead 616-617 611-612 608.5-609.5 6…
Spot prices at a glance (September 19, 1994)
Week’s Price (US) Change Gold* $390.40 + $2.00 Silver* $ 5.46 $0.05 Platinum* $416.75 $3.00 Nickel** $ 2.94 + $0.15 Lead** $ 0.28 + $0.01 Copper $ 1.13 + $0.01 Zinc $ 0.44 $0.00 Courtesy of Scotiabank…