Metal Prices (February 03, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan 28 Jan 27 Jan 24 Jan 23 Jan 22 Copper 1214-1215 1226-1227 1193-1194 1211-1212 11…
News
PROFILE (February 03, 1992)
Despite the economic slump, Dickenson Mines reported record improvements in earnings for the nine months ended Sept. 30, 1991: $6,217,000 (35 cents per share) compared with $2,591,000 (15 cents per sh…
Spot prices at a glance (February 03, 1992)
Week’s Price (US) Change Gold* $355.40 – $1.45 Silver* $ 4.16 – $0.10 Platinum* $346.50 + $6.75 Nickel** $ 3.48 – $0.09 Lead** $ 0.23 $0.00 Copper $ 0.99 + $0.02 Zinc $ 0.53 + $0.00 Courtesy of Scotia…
Minnova completes Izok Lake purchase
Toronto-based Minnova (TSE) recently completed the purchase from Falconbridge of a 100% interest in the Izok Lake and Hood River properties as well as a 60% stake in the Gondor property. Under a previ…
NEWS IN BRIEF (February 03, 1992)
Spectrum Gold Corp. (SGI.A:ME) has changed its name to Scarlett Minerals Inc. (SMI:ME) with a consolidation of capital on a 1-new-for-2- class-A-old-share basis.
Suntac hikes Polaris-Taku reserves
A recent independent geostatistical study boosted reserves for the Polaris-Taku deposit in northern British Columbia to 2.2 million tons grading 0.43 oz. gold per ton. Suntac Minerals (VSE) can earn a…
Toronto Stock Exchange (January 27, 1992)
Tri-Origin Exploration, a new junior exploration company backed by former LAC Minerals geologists Dennis Sheehan and Robert Valliant, was cleared for takeoff during the week ended Jan. 21. An initial …
Ecstall wins dispute’s appeal for claims near Eskay Creek
The Supreme Court of British Columbia has ruled in favor of Ecstall Mining (VSE) in its appeal of the Gold Commissioner’s previous decision to cancel its 20-unit Story 7 claim about one mile from the …
Vancouver Stock Exchange (January 27, 1992)
Both the VSE composite index and resource index continued to gain ground during the period ended Jan. 21. The composite index added 14.38 points to close at 600.15 while the resource index edged up by…
Musto secures Argentine deposit
As soon as funds are in place, International Musto Explorations (VSE) expects to commission a feasibility study to examine the economic viability of the Bajo de la Alumbrera deposit in the province of…
Appeal date nears on asbestos ruling
The Environmental Protection Agency (EPA) in the U.S. has about a month to decide if it will ask the U.S. Supreme Court to review a court ruling on asbestos use. The EPA, which moved to ban nearly all…
Athabaska resumes Nicholas Lake drilling in NWT
An 11,000-ft. drill program funded by Royal Oak Mines (TSE) has resumed at Athabaska Gold Resources’ (TSE) Nicholas Lake gold project in the Northwest Territories. Having secured the 40% project inter…