Metal Prices — FREE MARKET (May 01, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateApr 25Apr 24Apr 21Apr 20Apr 19Copper2756-2757 2850-2851 2869-28702860-28612881-2882Lead605-606 629-630 628-629 601.5-602.5 596…
News
NEWS ROUNDUP — Gowest active in Timmins area
Alberta-listed Gowest Amalgamated Resources reports that four holes drilled to test geophysical anomalies on the Murphy Twp. property near Timmins, Ont., failed to intersect economic mineralization. A…
COMMENTARY — Supplying the mining industry
The managing director of the Canadian Association for Mining Equipment and Services for Export, Jon Baird, has written this column at the invitation of “Keep Mining In Canada,” a national grassroots c…
Royal Oak targets two Kemess projects
Although it recently transferred its head office from Vancouver to Kirkland, Wash., Royal Oak Mines (TSE) is once again casting its sights on Canada’s mountain province. In particular, it is seeking o…
Transpacific plans drilling program
Drilling is planned by Transpacific Resources (TSE) for a gold-copper property in the Kirkland Lake area of northeastern Ontario.Induced-polarization surveys in the northwestern part (Instant Creek) o…
Gold Funds (May 01, 1995)
Gold Funds as of Apr. 25BGRCentralNet Value$17.50$6.98Price$14.63$7.00Discount16.41%Premium0.3%Value$136,790,000$126,695,100…
Rio, North bid for Musto
Shareholders of International Musto Explorations (TSE) are considering a new takeover offer.Copper producer Rio Algom (TSE) of Toronto and Australian resources company North Ltd. have joined forces an…
Hemlo options play in northern Quebec
Toronto-listed Hemlo Gold Mines (TSE) can earn a half interest in the 77-claim Ligneris gold property, near Amos, Que., from joint owners Placer Dome (TSE) and La Societe d’exploration miniere Vior (M…
GAC/MAC meeting draws earth scientists to Victoria
More than 1,000 earth scientists from around the world are coming to the University of Victoria in Victoria, B.C., for the May 17-19 annual meeting of the Geological Association of Canada (GAC) and th…
INVESTMENT COMMENTARY — Junior golds offer growth potential
With the price of gold floating between US$380 and $390 per oz., many investors are casting about for ways to maximize their return with a minimum of risk.One approach is to buy shares in companies th…
LETTERS TO THE EDITOR — Peru can count on its engineers
The United Nations survey that ranked Canada as having the highest quality of life in the world obviously did not include mining engineers, who can enjoy a higher quality of life in almost any other c…
Santa Catalina plans drilling
Drilling is imminent at the Oracle Ridge project near Tucson, Ariz.Santa Catalina Mining (VSE), 70% owner, carried out an airborne geophysical survey over the area, identifying targets similar to the …