News

TSE Short Positions (March 16, 1992)

Semi-monthly reports as of February 28, showed 24,809,797 shares of 611 issues compared with 24,638,727 shares of 600 issues on February 15. Larger individual positions included: Amer. Barrick 225,075…


Alberta Stock Exchange (March 16, 1992)

Topping the most active list at over one million shares, Argus Resources tacked on 2 cents to close at 32 cents for the week ended March 10. The Calgary-based junior has a sizable land position in the…


Verdstone raises funds for drilling

Drilling is expected to begin shortly on the Newton Hill gold-copper property under option to Verdstone Gold (VSE). The company recently completed a unit offering consisting of 600,000 shares and 1.2 …


INSIDER TRADING (March 16, 1992)

Pierre Gauthier, chairman of Montreal-based St. Genevieve Resources (TSE) and its 20% owned affiliate Societe Miniere Louvem (TSE), was active in the stock market recently. According to the Ontario Se…


Unlisted Trading (March 16, 1992)

Shares of Strike Minerals got a boost during the week ended March 10 as the company announced a drill program on its 31-claim property in the Shining Tree area of northeastern Ontario. Although a frea…


TORONTO STOCK EXCHANGE INDICES (March 16, 1992)

Mar 10 Mar 9 Mar 6 Mar 5 Mar 4 High Low Composite “300” 3529.93 3518.57 3530.84 3545.55 3587.64 4009.47 3009.91 Metals & Minerals3079.29 3064.28 3070.09 3093.68 3109.33 3453.06 2502.63 Integrated Mine…


Deak, Cyprus in Kerr deal

A letter of intent to launch a $3-million underground exploration program at the Kerr gold mine of Deak Resources (TSE) at Virginiatown, Ont., has been signed by Deak and Cyprus Canada, an affiliate o…


Spot prices at a glance (March 16, 1992)

Week’s Price (US) Change Gold* $349.00 – $1.20 Silver* $ 4.15 + $0.04 Platinum* $363.25 + $2.50 Nickel** $ 3.40 + $0.04 Lead** $ 0.24 $0.00 Copper $ 1.01 – $0.01 Zinc $ 0.53 – $0.01 Courtesy of Scotia…


FUTURES PRICES (March 16, 1992)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 102.05 101.70 102.10 …. May 102.20 101.15 102.05 – 0.10 Jul 101.60 100.80 101.50 …. SILVER (in US cents p…


METAL PRICES (March 16, 1992)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar 10 Mar 9 Mar 6 Mar 5 Mar 4 Copper 1299-1301 1285-1286 1295-1296 1318-1319 1313-1…


Viceroy pours its first gold

After a long and hard uphill battle, Viceroy Resources (TSE) is finally celebrating its first gold pour at its 75% owned Castle Mountain open pit heap leach project in San Bernardino Cty., Calif. Vice…


Autoclaving, bioleaching replacements for roasting

It’s difficult to specify how much of the world’s gold reserves are tied up in refractory ores, which do not yield their gold to cyanidation without prior treatment. But South Africa’s General Mining …


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