NEWS IN BRIEF (March 01, 1993)
Pluton Industries Ltd. (PTN:VSE) has changed its name to Clairon Environmental Technologies Inc. with a consolidation of capital on a 1-new-for-4-old-share basis. The transfer agent is Montreal Trust….
News
PEOPLE — AUSPEX GOLD (March 01, 1993)
Alvin Jackson appointed director.
PEOPLE — CONS SHOSHONI GOLD
Gilles Laverdiere appointed president.
Musto named in court action
A shareholder of International Musto Explorations (TSE) is alleging that the company and Adolf Lundin were party to a number of securities transactions that are alleged to have conveyed undue benefit …
Ontario to close Cobalt laboratory
Ontario’s Ministry of Northern Development and Mines will place its Temiskaming Testing Laboratory in Cobalt on a care-and-maintenance basis effective Sept. 1. Demand for the lab’s service has dropped…
Stratabound buys zinc properties
Early-stage exploration programs are being planned by Stratabound Minerals (ASE) for two newly acquired base metal properties in the Aiken Lake area of northeastern British Columbia. The company purch…
EDITORIAL PAGE — Active in exploration
Not a bad start to the year for mining exploration, wouldn’t you say? The diamond hunt continues with sparkling enthusiasm across Canada, parts of the U.S. and overseas in Africa, and a staking rush i…
LATIN AMERICA ROUNDUP — Golden Star drilling at Rosebel
Field work last year at the Gross Rosebel concession in Suriname concentrated on two targets, the Royal Hill and Mayo zones, where 12 miles of assay trenches were cut, Golden Star Resources (TSE) repo…
LATIN AMERICA ROUNDUP — Melinga’s drill results encouraging
Drilling on the Macuelizo gold-oxide project in Honduras recently returned encouraging results for owner Melinga Resources (VSE). One hole in a previously untested zone known as the Sugar Loaf Hill re…
Metal Prices — FREE MARKET (March 01, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb. 23 Feb. 22 Feb. 19 Feb. 18 Feb. 17 Copper 1508-1509 1520-1521 1527-1528 1538-15…
PRODUCER PRICES (March 01, 1993)
ALUMINUM: MW U.S. market US56-57 cents per lb. (Feb. 18, 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). CA…
Ownership dispute continues at Oro Uno gold concession
The interim results of an ongoing due diligence investigation into the ownership of the Oro Uno concession in Venezuela’s Kilometre 88 gold district show the complexities of acquiring concessions ther…