Maritime activities
Newfoundland and New Brunswick will review their mining activities next month and in November. From Oct. 29 to Nov. 4, Newfoundland will host its Mining Week. Margaret Witte, president of Vancouver-ba…
News
BOOKS IN REVIEW — Twin annuals
Mining Annual Review 1992 and Metals & Minerals Annual Review 1992. Published by Mining Journal Books, 60 Worship St., London, England EC2A 2HD. US$110 (surface mail) or US$145 (airmail) for both volu…
BOOKS IN REVIEW — Aussie deposits
Register of Australian Mining 1992-93. Edited by Ross Louthean. Published by Resource Information Unit. Suites 8-10, 100 Hay St. Subiaco, Western Australia 6008. A$269 (within Australia), A$293 (overs…
Peru miner pays US$4 million dividend
Southern Peru Copper, a subsidiary of Asarco (NYSE), has paid a US$4-million dividend for the second quarter. Southern Peru, jointly owned by Asarco (52.3%), the Marmon Group (20.7%), Phelps Dodge Ove…
STOCK MARKETS — Commonwealth remains active outlining
Western markets drifted lower over the week ended Sept. 22, with the Vancouver Stock Exchange composite index shedding almost 11 points to finish at 562.82 while the resource index slipped 11.9 points…
Spot prices at a glance (September 28, 1992)
Week’s Price (US) Change Gold* $348.90 + $2.70 Silver* $ 3.84 $0.00 Platinum* $364.25 + $1.25 Nickel** $ 3.09 – $0.07 Lead** $ 0.27 – $0.01 Copper $ 1.08 – $0.01 Zinc $ 0.61 – $0.01 Courtesy of Scotia…
Prime to acquire shell company
An offer has been made by Prime Equities International (VSE) to acquire all outstanding shares of a Vancouver-based shell company, Encore Ventures (VSE). Under the offer, Encore shareholders will rece…
Union, Luscar talking about co-operation at Balmer mine
The union representing more than 1,000 coal miners in southeastern British Columbia and an Edmonton coal company have taken the first step to save the huge bankrupt Balmer mine from liquidation. The U…
PRODUCER PRICES (September 28, 1992)
ALUMINUM: MW U.S. market US58.25-58.75 cents per lb. (Sept. 10, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 19…
NEWS ROUNDUP — Wye turns to Poland for cash
Unable to raise money in Canada, Wye Resources (CDN) has turned to Eastern Europe for the funding needed to continue exploration on the Saganaga Lake gold property west of Thunder Bay, Ont. Wye says i…
Deak becomes operator at Cheminis mine
A letter of agreement recently signed by Deak Resources (TSE) with Northfield Minerals (ASE) allows it the right to become operator at Northfield’s Cheminis mine near Kirkland Lake, Ont. Deak will als…
Challenger drops Deatys Creek property option
After receiving the results from the second phase of drilling on its Deatys Creek property, 90 miles west of Thunder Bay, Ont., Challenger Minerals (VSE) has decided to drop its option. The best inter…