NEWS ROUNDUP — Bethlehem drills Rain property
Copper-zinc producer Bethlehem Resources (TSE) recently started a limited drilling program at its Rain property in the hopes of finding additional mill feed for its 50% owned Goldstream mine near Reve…
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Spot prices at a glance (August 17, 1992)
Week’s Price (US) Change Gold* $346.50 – $6.40 Silver* $ 3.89 + $0.01 Platinum* $368.75 – $8.60 Nickel** $ 3.28 – $0.06 Lead** $ 0.30 $0.00 Copper $ 1.14 + $0.01 Zinc $ 0.62 + $0.01 Courtesy of Scotia…
STOCK MARKETS — Lac de Gras rumors refuel activity of
Diamond stocks proved to be the only bright lights in an otherwise gloomy and lethargic Toronto market during the week ended Aug. 11. Fuelled by rumors of drilling and sampling on the BHP-Dia Met join…
STOCK MARKETS — Dia Met gains on word of second pipe
Further slippage on gold bullion markets provided little help to western markets during the period ended Aug. 11, with the metal losing more than US$6 to finish at US$346.80 per oz. The Vancouver Stoc…
Metal Prices — FREE MARKET (August 17, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Aug. 11 Aug. 10 Aug.7 Aug. 6 Aug. 5 Copper 1308-1309 1293-1294 1307-1308 1319-1320 1…
TSE Short Positions (August 17, 1992)
Semi-monthly reports as of July 31, showed 29,588,606 shares of 560 issues compared with 26,202,288 shares of 573 issues on July 15. Larger individual positions included: Aber Res. 63,400; Altex Res. …
Toronto Stock Exchange Indices (August 17, 1992)
Aug 11 Aug 10 Aug 7 Aug 6 Aug 5 High Low Composite”300″3404.67 3408.78 3406.30 3398.65 3406.19 4009.47 3009.91 Metals&Minerals 3000.32 3009.25 3021.60 3029.48 3031.48 3453.06 2502.63 Integrated Mines3…
Victoria secures exploration funds
Subject to regulatory approval, Victoria Resource (VSE) recently negotiated a brokered private placement through Yorkton Securities. The placement includes up to two million units at 35 cents each. Th…
Tan Range plans Tanzanian work
A $450,000 private placement has been completed by Tan Range Exploration (ASE), which plans to begin exploration on several recently granted concessions in northern Tanzania. One concession covers the…
O&C sells stake in Panamanian firm
Osborne & Chappel Goldfields (TSE) has reached an agreement in principle to sell its main asset, a 25% interest in Los Lilenes S.A., to Odin Mining and Investment. Odin currently owns the remaining 75…
Cominco boosts earnings
Net earnings of $18.1 million were reported by Cominco (TSE) for its 1992 second quarter ended June 30, a substantial improvement over this year’s first-quarter loss of $4.9 million. The latest result…
Hemisphere tests lamproite pipe
Testing is under way on a 1,000-tonne bulk sample taken from the Leopold Downs lamproite pipe in western Australia by Vancouver-based Hemisphere Development (VSE). Hemisphere, which is earning a 80% i…