Curragh determined to survive
Curragh Resources (TSE) Chairman Clifford Frame says he will draw on a large measure of Celtic determination and 40 years in mining to pull the zinc-lead-coal company through the current economic down…
News
Spot prices at a glance (January 27, 1992)
Week’s Price (US) Change Gold* $356.85 + $1.25 Silver* $ 4.26 + $0.12 Platinum* $339.75 + $2.35 Nickel** $ 3.57 + $0.26 Lead** $ 0.23 $0.00 Copper $ 0.97 + $0.02 Zinc $ 0.53 + $0.01 Courtesy of Scotia…
FUTURES PRICES (January 27, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 96.90 96.15 96.20 + 2.10 Feb 97.00 96.55 96.55 + 2.25 Mar 97.80 96.60 96.95 + 2.25 SILVER (in US cents per oz…
Arizona Star drilling outlines gold find on Chilean property
Drilling on the Aldebaran property in Chile is reported to have outlined an extensive gold-mineralized stockwork deposit in the Cerro Casale area. Arizona Star Resource (VSE) is earning a 51% interest…
INSIDER TRADING (January 27, 1992)
Malcolm Slack, chairman and driving force behind Deak Resources’ (TSE) effort to establish itself as a profitable producer and custom miller of gold, recently increased his stake in the Toronto-based …
Mineral deposits at Selwyn Basin
Steven Gordey, member of the Geological Survey of Canada in Vancouver, will give a lecture Feb. 6 at 4 p.m. It will take place in Room 2093 at the University of Toronto’s Earth Sciences Centre. Topic …
LETTERS TO THE EDITOR (January 27, 1992)
I read the article “A common-sense view of environmental issues” (T.N.M., Dec. 30/91) by Jack Patterson of the British Columbia & Yukon Chamber of Mines with great interest. His column summarizes in a…
Placer to explore ground near the Kerr property
An aggressive work program for 1992 is being planned by Placer Dome (TSE) for a newly acquired land package near its Kerr copper-gold deposit in the Iskut River region of north-western British Columbi…
Southern Peru to invest US$300m
Southern Peru Copper Corp. (SPCC) will proceed with a US$300-million capital investment program after settling a dispute with he Peruvian government over investment recovery contracts. Under the terms…
Red Rock drills confirm Mexican project reserves (January 27, 1992)
Australia company Walhalla Mining and 62% owned Red Rock Mining (VSE) say reverse circulation drilling on the Amelia gold property in Mexico has confirmed reserves established by the property’s previo…
PRODUCER PRICES (January 27, 1992)
ALUMINUM: MW U.S. market US51.25-51.75 cents per lb. (Jan. 2, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CADM…
METAL PRICES (January 27, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan 21 Jan 20 Jan 17 Jan 16 Jan 15 Copper 1190-1191 1207-1208 1209-1210 1220-1222 12…