News


FINANCING (November 01, 1993)

Franco-Nevada Mining — One million units, each consisting of sh and wt @ $75 per unit. Redfern Res. — 1.8 million units issued on the exercise of special wts @ $2.75 per special wt. Kinross Gold — …


Spot prices at a glance (November 01, 1993)

Week’s Price (US) Change Gold* $368.65 $2.95 Silver* $ 4.39 $0.10 Platinum* $372.75 $2.50 Nickel** $ 2.01 $0.11 Lead** $ 0.18 $0.00 Copper $ 0.72 $0.01 Zinc $ 0.41 $0.01 Courtesy of Scotiabank. Inform…


TSE INDICES (November 01, 1993)

Week Oct 26 Oct 25 Oct 22 Oct 21 Oct 20 High Low Composite”300″ 4187.15 4155.26 4153.81 4163.05 4182.24 4187.81 4143.38 Metals&Minerals 3002.05 2994.54 2996.72 3026.61 3034.56 3059.21 2971.81 Integrat…


Noranda swings Chinese deal

The copper smelting technology of Noranda Copper Smelting and Refining, a unit of Noranda (TSE), will be exported to China. The decision is the result of an agreement with the China National Nonferrou…


Orco extracts sample

Preliminary milling results from the Donalda project at Rouyn-Noranda, Que., indicate an average grade of 7.13 grams gold per tonne and a recovery rate of 95%. The results are from the milling (in a f…


Goldquest merging with Dickenson subsidiary

Toronto-listed Dickenson Mines has proposed that a wholly owned subsidiary amalgamate with Goldquest Exploration (CDN). Goldquest shareholders would receive Dickenson class A shares at an exchange rat…



Rea set to acquire Nevada gold project

A letter of intent gives Rea Gold (TSE) a purchase option on the Mt. Hamilton gold project in eastern Nevada. The option is part of an agreement with owner Costain Minerals. In return, Rea must pay Co…



METALS MARKETS — FREE MARKET (November 01, 1993)

London Metal Exchange Spot closing prices in $US per tonne Date Oct. 26 Oct. 25 Oct. 22 Oct. 21 Oct. 20 Copper 1596-1597 1623-1624 1615-1616 1616-1617 1621-1622 Lead 393-394 398-400 401-402 397-398 38…



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