TSE INDICES (September 06, 1993)
— Week — Aug 31 Aug 30 Aug 27 Aug 26 Aug 25 High Low Composite”300″ 4137.55 4138.76 4133.40 4115.60 4122.92 4144.37 4099.73 Metals&Minerals 3109.19 3120.93 3095.43 3111.50 3139.23 3160.91 3080.06 In…
News
Spot prices at a glance (September 06, 1993)
Week’s Price (US) Change Gold* $371.80 + $0.05 Silver* $ 4.83 + $0.08 Platinum* $381.50 $5.40 Nickel** $ 2.05 $0.04 Lead** $ 0.17 $0.00 Copper $ 0.89 $0.01 Zinc $ 0.39 $0.01 Courtesy of Scotiabank. In…
Minera plans more drilling at Chilean copper project
Results of a 56-hole program at the Sierra Valenzuela project in northern Chile indicate the presence of extensive copper mineralization with potentially economic grades and dimensions. The core, rota…
Short courses precede meeting
Two short courses will precede the Nov. 3-5 meeting of the Alaska Miners Association (AMA) in Anchorage. Topics of the 2-day short courses, to take place Nov. 1 and 2, will be “Precious metal-bearing …
U.S. Hall of Fame to induct eight (September 06, 1993)
The National Mining Hall of Fame in the U.S. will induct eight new members at a Sept. 19 banquet in San Francisco, Calif. Conducting the induction ceremony will be Simon Strauss, chairman of the Hall’…
METAL PRICES — FREE MARKET (September 06, 1993)
London Metal Exchange Spot closing prices in $US per tonne Date Aug. 31 Aug. 30 Aug. 27 Aug. 26 Aug. 25 Copper 1970-1973 N/A 1969-1970 1947-1948 1969-1971 Lead 381-383 N/A 388-389 383-384 381-382 Zinc…
STOCK MARKETS — Western markets anticipate rebound for gold
Both the resource and composite indexes of the Vancouver Stock Exchange gained ground over the period ended Aug. 31 as investors awaited a rebound in the price of gold. The resource index added 35.67 …
MSV acquires new properties
Montreal-listed MSV Resources has added to its holdings near Chibougamau, Que., by acquiring the mining concessions and surface equipment of three properties of Meston Resources. The properties — Ced…
Bema brings Labyrinth back to life
By transferring to Labyrinth Resources (VSE) its option on properties in Venezuela’s Lo Increible gold belt, parent Bema Gold (TSE) has invigorated the 76%-owned junior. In return for transferring var…
OSC to appeal penny stocks ruling
The Ontario Securities Commission (OSC) will appeal a judge’s ruling which struck down a policy aimed at controlling abuses in the sale of penny stocks. Justice Robert Blair of the general division of…
Cambior ups reserves at Omai
The reserve picture at the Omai gold mine in Guyana has suddenly expanded by 20%, a pleased Cambior (TSE) reports. The proven and probable estimate has increased to 55 million tons grading 0.047 oz. g…
Kidd may add to reserves
Deep underground exploration at the Kidd Creek mine in Timmins, Ont., has turned up potential new reserves. While precise figures are not available, speculation has it that as much as another 10 milli…