Toronto Stock Exchange Indices (April 11, 1994)
— 1994 — Apr 5 Apr 4 Apr 1 Mar 31 Mar 30 High Low Composite”300″ 4273.29 4230.10 N/A 4329.62 4313.91 4609.93 3518.31 Metals&Minerals 3616.35 3577.51 N/A 3618.55 3603.56 3879.59 3495.59 Integrated Mi…
News
Metal Prices — FREE MARKET (April 11, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date April 5 April 4 April 1 Mar. 31 Mar. 30 Copper 1892-1893 N/A N/A 1876-1877 1876-1877 Lead 442.5-443.5 N/A N/A 444.5-445.5 448.5-449.5 Zi…
Labor dispute affects Westmin
Beleaguered Westmin Resources (TSE) suffered a net loss of $27 million in 1993, compared with a loss of $18.1 million in the previous year. The results were affected by an ongoing labor dispute at its…
Production stable for Placer Dome
In 1993, Placer Dome’s (TSE) share of gold production totaled 1.8 million oz. at an average cash production cost of US$184 per oz., compared with US$189 in the previous year. The company’s share of pr…
CopperQuest active on three properties
Junior CopperQuest (CDN) has finished drilling two Ontario properties and plans to carry out work in Saskatch-ewan as well. In Kidd Twp., north of Timmins, CopperQuest and joint-venture partner Regal …
LATIN AMERICAN SPECIAL — Vat leach facility planned for
Construction of a vat leach plant near Tureremo, in Venezuela’s Kilometre 88 gold area, should soon be under way and be operational by this spring, NovaGold Resources (TSE) reports. Featuring low capi…
LATIN AMERICAN SPECIAL — Foursome in trading bloc
Billed as “the next international trade opportunity,” Canadians are beginning to pay attention to the new Mercosur trading bloc — the trade initiative of Argentina, Brazil, Uruguay and Paraguay — an…
Prospectors assistance available in B.C.
The British Columbia government is offering up to $10,000 for qualified prospectors to explore for deposits on or off existing claims in the province. Prospectors are given half of their approved fund…
LATIN AMERICAN SPECIAL — Cuban economy needs major shot in
It is oft-forgotten that Cuba’s economy did not enter the current crisis in good trim. Between 1986 and 1990, Cuba’s gross social product (GSP) declined by an average of 0.2% per annum, while populati…
LATIN AMERICAN SPECIAL — Production, exploration advance in
Central America continues to attract Canadian mining companies with offers of comparatively relaxed regulation and taxation, along with above-average geological potential. Countries such as Panama, Ni…
LATIN AMERICAN SPECIAL — Mexico a world supplier of silver
Silver in Mexico, since pre-Hispanic times, has been considered a precious metal. The quality and abundance of Mexican silver has brought many a fortune to ambitious souls and has supported Mexico thr…
LATIN AMERICAN SPECIAL — Private investment in developing
Recent years have seen a major and continuing transition from state control of production facilities to private ownership. This trend has been visible in both industrial and, especially, developing co…