News


INSIDER TRADING — Rhonda insider buys on drilling

About the time Rhonda Mining (ASE) resumed drilling in the Fort a la Corne diamond area of Saskatchewan, Chairman John Alston raised his stake in the junior by 35%. According to the Ontario Securities…


Spot prices at a glance (March 22, 1993)

Week’s Price (US) Change Gold* $328.65 + $2.15 Silver* $ 3.66 + $0.09 Platinum* $348.45 + $3.45 Nickel** $ 2.68 – $0.04 Lead** $ 0.18 – $0.01 Copper $ 0.98 + $0.01 Zinc $ 0.45 $0.00 Courtesy of Scotia…



PRODUCER PRICES (March 22, 1993)

ALUMINUM: MW U.S. market US54-55 cents per lb. (Mar. 4, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CAD…


Toronto Stock Exchange Indices (March 22, 1993)

Mar.16 Mar.15 Mar.12 Mar.11 Mar.10 High Low Composite”300″3556.77 3562.05 3548.06 3552.42 3551.99 4009.47 3009.91 Metals&Minerals 2885.30 2888.00 2902.97 2806.14 2931.29 3453.06 2502.63 Integrated Min…


Canmine drilling continues on Fer

Canmine Resources (CDN) has completed 11 holes on its Fer property in northern Manitoba. Each hole contains two or three gently dipping massive sulphide layers, each of which averages five feet in thi…


Kennecott to close Alaskan zinc mine

Kennecott, the U.S. subsidiary of RTZ, is ceasing production at its 53% owned Greens Creek zinc-lead-silver mine, near Juneau, Alaska. The closure, which will eliminate 230 jobs, is due to low metal p…


Athabasca rejects Mongolian deal

Vancouver-based Athabaska Gold (VSE) has backed away from a letter of intent to earn an interest in the Bumbat gold field in the Republic of Mongolia. Athabaska elected not to proceed with an option t…


Ego to purchase cobalt recovery company Cobatec

Shares of Ego Resources (TSE) reached a 52-week high of 83 cents recently when the company agreed to purchase a private company that has developed a low-cost process to recover cobalt from high-grade …


Lac must drop Lisheen offer

A deal by which Lac Minerals (TSE) would have acquired control of an Irish zinc-lead deposit has fallen through. Lac was offering US$70 million for a 52.5% interest in the Lisheen property belonging t…



By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close