PRODUCER PRICES (October 04, 1993)
ALUMINUM: MW U.S. market US52.50-53.00 cents per lb. (Sept. 16, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.60 per lb. (Sept. 9, 19…
News
Royal Oak gets safety record
The Timmins division of Royal Oak Mines (TSE) achieved more than one million manhours of consecutive service without experiencing a lost-time accident. The record was confirmed by staff of the Mines A…
Gregor drilling tests Marathon gold project
A 12,000-ft. program has begun on Gregor Goldfields’ (CDN) Marathon gold project, near Hemlo, Ont. The drilling is intended to test the strike length, width, depth and continuity of five known gold-be…
Lihir partners sign new agreement !@DATELINE=VANCOUVER
Partners in the Lihir gold project in Papua New Guinea plan topool their interests and form a publicly traded company to develop the play. The partners currently include 80%-owner RTZ (NYSE) and Niugi…
ODDS’N’SODS — The Jogran staking rush (2)
The morning dawned dark and foggy. Lake Superior was living up to its reputation without question. It was clear that neither a helicopter nor an airplane would be of much use. With so many witnesses p…
ELECTION ’93 — MINING FOR ANSWERS — Liberal Party warns of
In preparation for the Oct. 25 federal election, The Northern Miner has asked representatives of four of the main political parties to respond to a series of questions pertaining to mining. All repres…
THE DIAMOND PAGE — More kimberlites discovered in Northwest
Three Alberta-listed juniors — Tanqueray Resources, Fibre-Klad Industries and Mill City Gold Mining — have discovered three separate kimberlite pipes at Yamba Lake in the Northwest Territories. The …
STOCK MARKETS — Base metals among losers in lacklustre week
Gold bobbed around in the neighborhood of about US$350 per oz. during our report week (ended Sept. 28) and the gold equities more or less held their ground. Typical of the week were American Barrick, …
Canada poised to be high-value diamond producer?
The Lac de Gras region of the Northwest Territories is poised to become a producer of high-value diamonds, according to an Antwerp-based consulting geologist specializing in the evaluation of diamond …
GOLD FUNDS (October 04, 1993)
BGR Central Net Value $13.13 $5.69 Price $11.88 $6.250 Discount 9.55% 9.8% Value $73,540,000 $113,120,625…
Spot prices at a glance (October 04, 1993)
Week’s Price (US) Change Gold* $354.55 $0.45 Silver* $ 4.06 $0.01 Platinum* $361.00 $1.75 Nickel** $ 1.86 $0.04 Lead** $ 0.17 $0.00 Copper $ 0.77 $0.03 Zinc $ 0.39 $0.01 Courtesy of Scotiabank. Inform…
Asia Minerals signs up Chinese deposit
Asia Mine (ASE) has added to its existing intrests in China by signing an option to evaluate and develop the Ashele volcanogenic massive sulphide copper-zinc deposit in northwest China. Asia Minerals …