PRODUCER PRICES (June 14, 1993)
ALUMINUM: MW U.S. market US52.00-53.00 cents per lb. (May 27, 1993). ANTIMONY: MW New York dealer US78-82 cents per lb. (Mar. 26, 1993). BISMUTH: MW New York dealer US$2.50-2.70 per lb. (Mar. 26, 1993…
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TORONTO STOCK EXCHANGE INDICES (June 14, 1993)
— Week — Jun 8 Jun 7 Jun 4 Jun 3 Jun 2 High Low Composite”300″ 3862.72 3892.18 3894.63 3875.01 3859.82 3894.74 3848.86 Metals&Minerals 2926.39 2927.52 2919.30 2899.01 2902.72 2934.94 2896.47 Integra…
GOLD FUNDS (June 14, 1993)
Gold Funds as of Jun 8 BGR Central Net Value $12.40 $5.83 Price $11.25 $6.375 Discount 9.27% 9.3% Value $69,461,000 $115,383,038…
Canarc lands Suriname ground
A recently signed agreement gives Canarc Resource (VSE) an option to earn an 80% interest in the Sara Creek concession in east-central Suriname. To earn the interest, Canarc must spend US$2.3 million …
NEWS IN BRIEF (June 14, 1993)
Ilm Resources Ltd. (ILM:VSE) has changed its transfer agent to Pacific Corporate Trust.
Black Hawk buying Keystone
Toronto-listed Black Hawk Mining plans to acquire an interest in the Keystone project near Lynn Lake, Man., from DCC Equities. The purchase price consists of five separate considerations including: 10…
LAST BUT NOT LEAST — Canmine begins program on Fer bet
A summer exploration program has begun on the Fer polymetallic property near Flin Flon, Man., belonging to Canmine Resources (CDN). The $200,000 program will include line-cutting, surface transient el…
LAST BUT NOT LEAST — Goldcorp to buy back shares (June 14, 1993)
An issuer bid has been made through the Toronto Stock Exchange by Goldcorp (TSE) to buy back up to 1.4 million class A participating partially voting shares of the company. The shares will be acquired…
LAST BUT NOT LEAST — Huntington exploring Brett claims
A work program managed by 50-50 partners Huntington Resources (VSE) and Liquid Gold Resources (VSE) is under way on the Brett claims near Vernon, B.C. Huntington has negotiated an arrangement to acqui…
LAST BUT NOT LEAST — Environmental policy for PDAC
Responding to concerns over environmental protection, the Prospectors and Developers Association of Canada (PDAC) has urged members to comply with the environmental policy adopted by the Mining Associ…
Reed Lake sampling
Exploration is under way on two gold properties near Wawa, Ont., both of which belong to Reed Lake Exploration (ASE). At the Holdsworth property in Gorbiere Twp., northwest of Hawk Junction, work is b…
Rising inventories
Base metal and many minor metal inventories rose again during May and early June, reaching their highest levels in years. The reasons vary, but relate mostly to an ease in demand caused by declining m…