News

Copper concentrate market turnaround focus of study

The dramatic turnaround in the copper concentrate market is partly the result of large shipments in 1992 to the former Soviet Union and increased buying by China. So says Brook Hunt & Associates of th…



1993 A LOOK BACK — Chibougamau production for MSV

After acquiring the Copper Rand and Portage gold-copper mines near Chibougamau, Que., in late February, MSV Resources (ME) returned the properties to production. MSV bought the mines and a 3,000-ton-p…


1993 A LOOK BACK — Tough year for Curragh

It was a tough year for Curragh (TSE), which had to cease production in early April at its Faro lead-zinc mining operation in the Yukon. Deteriorating metals markets played havoc with Curraghs balance…


Diamond play gains credibility in 93

If 1992 was the year diamond fever swept Canada, 1993 will be remembered for the solid exploration results that made even diehard skeptics concede that this country may soon have its first diamond min…



New Canamin plans 1994 program

A drill program is scheduled for early 1994 at the Huckleberry property near Kemano, B.C. New Canamin Resources (VSE), which owns the property, subject to a 60% back-in right held by Kennecott, plans …


Silver Eagle vends Carlin ground

An agreement with Silver Eagle Resources (VSE) gives Asarco (NYSE) an option to earn a 75% interest in the High Dollar property in the Carlin Trend of Eureka Cty., Nev. Silver Eagle describes the 840-…


Correction (January 03, 1994)

Contrary to reports published in the Vancouver Stock Market column of Dec. 20, 1993, the 47 million tons of mineralization reported by Hycroft from its Brimstone exploration program is additional to t…



FREE MARKET (January 03, 1994)

London Metal Exchange Spot closing prices in $US per tonne Date Dec. 28 Dec. 27 Dec. 24 Dec. 23 Dec. 22 Copper N/A N/A N/A 1773-1774 1779-1780 Lead N/A N/A N/A 464-465 474-475 Zinc N/A N/A N/A 976-977…


INSIDER TRADING — Barrick officers sell

Three officers of American Barrick Resources (TSE) sold shares in November and December. According to the Ontario Securities Commissions OSC Bulletin, senior officer G. C. Wilkins exercised 230,000 op…


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