ODDS’N’SODS — Arctic site once inhabited
To the untrained eye, the Tasiariluk site on Little Cornwallis Island, N.W.T., does not represent an imposing spectacle. Its only distinguishing feature seems to be a few small patches of sparse veget…
News
Gignac to chair MAC
Louis Gignac, chief executive officer of Cambior (TSE), has been elected chairman of the Mining Association of Canada (MAC). He replaces Placer Dome’s Anthony Petrina who recently retired. In his open…
Geoscience Centre opens in Ottawa
The ribbon has been cut at the Canadian Geoscience Information Centre (CGIC) in Ottawa. The new centre is an amalgamation of the Geological Survey of Canada (GSC) library (including the map, geophysic…
Asarco’s Immel nets safety award
The Immel zinc mine of Asarco (NYSE) in Tennessee has won an underground safety award. The 1992 Sentinels of Safety award was presented to the company by the American Mining Congress and its co-sponso…
BOOK REVIEW — Overview of Argentina’s potential
Argentina — An Overview for Precious and Base Metal Mining Executives, by Balfour Holdings, 3891 East Irwin Place, Littleton, Colo. 80122, USA. US$1,500. (Colorado residents, add 3.8% sales tax.) Arg…
Metals sub-index off slightly in May
The metal and mineral sub-index of The Bank of Nova Scotia’s commodity price index declined in May for the fourth consecutive month. The index is almost at the depressed level of the mid-1980s. Econom…
STOCK MARKETS — VSE gives up ground as gold price takes
Responding to an inquiry into the Vancouver Stock Exchange by the British Columbia government, the B.C. Securities Commission has proposed amendments to the Securities Act. The amendments include the …
Spot prices at a glance (July 19, 1993)
Week’s Price (US) Change Gold* $395.70 – $1.55 Silver* $ 5.10 – $0.07 Platinum* $407.35 – $1.40 Nickel** $ 2.31 – $0.03 Lead** $ 0.17 $0.00 Copper $ 0.86 – $0.02 Zinc $ 0.43 + $0.01 Courtesy of Scotia…
METAL PRICES — FREE MARKET (July 19, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 13 July 12 July 9 July 8 July 7 Copper 1868-1870 1926-1927 1973-1975 1987-1989 …
TORONTO STOCK EXCHANGE INDICES (July 19, 1993)
— Week — July 13 July 12 Ju1y 9 July 8 July 7 High Low Composite”300″ 3951.68 3950.50 3927.43 3920.86 3972.72 3982.14 3905.56 Metals&Minerals 2984.08 2965.82 2974.79 2959.75 2983.08 3010.03 2949.51 …
AROUND THE GLOBE — Greenline acquiring Costa Rican mine
Drilling is planned by Greenline Business Stores (CDN) for a producing gold mining claim in Costa Rica. The junior has signed a letter of intent with La Compania Iversionista Gran Jefe S.A. to acquire…
Emerald Isle raises money for garnet bet
A private placement of 700,000 common shares at 50 cents per share has been completed by Emerald Isle Resources (VSE). Of the total shares, 517,500 will be flow-through. Most of the proceeds will go t…