PRODUCER PRICES (March 28, 1994)
ALUMINUM: MW U.S. market US61.00-62.00 cents per lb. (Mar. 10, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…
News
LETTERS TO THE EDITOR — Franklin speaking at CIM luncheon
The chief geologist of the Geological Survey of Canada (GSC), James Franklin, will speak about the future of Canadian mining in an address April 7 to the Toronto branch of the Canadian Institute of Mi…
STOCK MARKETS — Silver overlooked but it’s moving too
While investor interest has mostly been focused on gold, the price of silver has run up quite nicely recently. During this report week, for example, the price rose US17 cents to US$5.59 per oz. Slight…
STOCK MARKETS — Higher gold price can’t shake western
With gold near a 2-month high, at just below US$390 per oz., even the recent steep jump in the bank rate failed to shake western markets. The Vancouver Stock Exchange resource index shot up 58.85 poin…
INSIDER TRADING — Minefinders officers sell shares
Two officers of Minefinders (VSE) sold shares in January and February. Senior officer and director Dale Hendrick exercised 50,000 options at 22 cents and sold 11,500 shares at $2-2.40 to hold 88,500 s…
Messeguay Mines options Loubel’s Burkina Faso ground
Montreal-based Messeguay Mines (ME) can earn interests in Loubel Exploration’s (ME) two properties in Burkina Faso, West Africa. Messeguay can earn 49% of the 314-sq.-km Dossi property, which hosts tw…
Metals and minerals sub-index jumps again in January, says
The metals and minerals sub-index of The Bank of Nova Scotia’s commodity price index rose again in January alongside firmer prices for base metals, gold and potash. Aluminum prices strengthened dramat…
TVI explores three Philippine properties
Through its Philippine subsidiary, TVI Copper (ASE) has filed six production-sharing agreements totaling 65,223 acres. The two claim blocks that constitute the position are on Mindanao Island. The gro…
Tri Origin raising $3.7 million
A private placement of 1.2 million units of Tri Origin Exploration (TSE) is expected to raise $3.7 million. The proceeds will finance drilling on the Lewis Ponds project in New South Wales, Australia….
MSV tests revolutionary profit-sharing plan
At $17.42 an hour, the average wage here for an underground miner is still well above that paid to industrial workers in Canada. But for the 290 unionized employees of MSV Resources (TSE), it represen…
NEWS ROUNDUP — Rayrock buys out Dee mine partners
Toronto-listed Rayrock Yellowknife Resources plans to increase its ownership in the Dee gold mine to 100% from the current 44% It will buy a 44% interest from Corona Gold, a wholly owned subsidiary of…
Trillion acquires Botswana licences
Ottawa-based Trillion Resources (TSE) has acquired 13 prospecting licences in southwestern Botswana. The area comprises 11,357 sq. km in the Kalahari district and can be explored for gold, base metals…