News


LAST BUT NOT LEAST — Hol-Lac inks Ukrainian deal

Under an agreement with a Ukrainian state mining company, CDN-listed Hol-Lac Gold Mines can explore and develop several gold properties in northern Ukraine. Hol-Lac plans to review geological and assa…


LAST BUT NOT LEAST — Metall to drill Seneca

The 1994 field program at the Seneca massive sulphide project, 65 miles east of Vancouver, B.C., is under way. Metall Mining, the operator, is earning up to a 60% interest in the project from Internat…


NEWS ROUNDUP — Atlas cements Granges purchase

The sale of Australian-based MIM Holdings’ 37% interest in Granges (TSE) to Atlas (NYSE) is expected to proceed. Following the announcement of the sale on April 28, Granges had 30 days to locate anoth…


NEWS ROUNDUP — Starratt to buy tremolite play

Junior Starratt Nickel Mines (CDN) plans to buy the outstanding shares (together with certain royalty rights) of a private company which owns the Palmerston tremolite property in eastern Ontario. The …


Loki firming Brewery plans

With the mine feasibility study at the Brewery Creek project in the Yukon nearing completion, owner Loki Gold (VSE) is preparing an Initial Environmental Evaluation (IEE) submittal for regulators. Lok…


COMMENTARY — Reforms through privatization

Many countries are seeking private investors as a source of investment capital, managerial know-how and technical expertise in providing infrastructure services. Asia and Latin America, in particular,…



Spot prices at a glance (June 06, 1994)

Week’s Price (US) Change Gold* $387.25 + $0.85 Silver* $ 5.54 – $0.03 Platinum* $402.25 – $2.25 Nickel** $ 2.84 – $0.12 Lead** $ 0.23 + $0.01 Copper $ 1.02 – $0.02 Zinc $ 0.43 $0.00 Courtesy of Scotia…



Metal Prices — FREE MARKET (June 06, 1994)

London Metal Exchange Spot closing prices in $US per tonne Date May 31 May 30 May 27 May 26 May 25 Copper 2256-2258 N/A 2255-2256 2235-2237 2271-2272 Lead 505-506 N/A 501-502 477.5-478.5 483-484 Zinc …


PRODUCER PRICES (June 06, 1994)

ALUMINUM: MW U.S. market US64-65 cents per lb. (May 19, 1994). ANTIMONY: MW New York dealer US$1.40-1.60 per lb. (May 12, 1994). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993). CADM…


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