METAL PRICES — FREE MARKET (October 09, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateOct 3 Oct 2 Sept 29 Sept 28 Sept 27Copper2882-2886 2903-2907 2935-2940 2915-29202922-2926Lead595.5-596.5 597.5-598.5 604.5-605.5 59…
News
Echo Bay arranges to buy into Minoro project
Upon completing a 60-day due diligence review of the Minoro gold-copper project in Honduras, Echo Bay Mines (TSE) can elect to earn a 51% interest.Tombstone Explorations (TSE) and Mar-West Resources (…
ODDS’N’SODS — Persuasive measures
We had a fine camp at the Friend prospect near Zeballos, B.C., and a good crew. Unfortunately, a day came when our cook became bored and drank all the flavoring extract for its alcohol content, and to…
EDITORIAL PAGE — Mr. Miner goes to Ottawa
Oct. 18 is “Lobby Day” for a group of mining industry representatives who will descend on Ottawa to deliver the “Keep Mining in Canada” message to as many members of Parliament as possible.The strateg…
Production decision nears for Nugget Pond project
While many Canadian gold miners are flocking to mammoth, low-grade properties in faraway lands, partners Richmont Mines (TSE) and Noveder (ME) don’t mind being out of step with the times.The juniors’ …
U.S. Hall of Fame gets donations
Old-timers and mining executives alike gathered in late September to induct eight men into the National (U.S.) Mining Hall of Fame.The pioneers (only three of whom are still living) were inducted by M…
Metallica expands resource
Results are in from the six most recent drill holes at the Cerro San Pedro gold-silver deposit near San Luis Potosi, Mexico.Including results of five holes drilled earlier this year, owner Metallica R…
Mid-North eyes Flin Flon ground
Alberta-listed Mid-North Resources will gain a stake in five properties near Flin Flon, Man.The company will acquire 10% of the War Baby property and a 25% interest in the four remaining properties. T…
Cambior boosts reserves at Metates deposit
Detailed drilling at its Metates project in northwestern Durango state, Mexico, has enabled Cambior (TSE) to double the gold deposit’s mineral inventory.The company will now turn its attention to the …
GREATEST VALUE TRADED, SEPT. 27-OCT. 3
Val(000s)HighLowCloseChange Inco Ltd T237567$46 3/443 1/243 5/8-1 1/4Sherritt T103528$18 1/216 5/817 5/8+3/4Barrick Gold T60924$3533 3/434-3/8Placer Dome T57224$35 3/833 1/…
Gold funds (October 09, 1995)
Gold Funds as of September 28BGRCentralNet Value$17.61$6.66Price$14.13$6.500Discount19.79%2.4%Value$137,678,000$117,645,450…
Toronto Stock Exchange Indices (October 09, 1995)
— 1995 –Oct 3Oct 2Sept 29Sept 28Sept 27HighLowComposite”300″4499.494494.894529.754521.454500.064718.273983.34Metals&Minerals4671.694796.884858.92N/A4785.835276.123273.56Integrate…