News

EDITORIAL PAGE — Grading the securities industry

The Canadian securities industry has come under considerable scrutiny in recent years, and each review usually leads to a fresh batch of proposals to reform the regulatory system so that investors can…


Bitterroot to produce garnet

In a bid to become a dominant low-cost producer of alluvial almandine garnet products, Bitterroot Resources (VSE) will buy a 700-ton-per-day modular heavy mineral recovery plant in Arizona. The 4-year…


Asarco plans new mine

New York-listed Asarco plans to develop a high-grade copper mine below its Mission open pit complex in Sahuarita, Ariz. About US$10 million will be spent developing the underground mine, which hosts a…


METAL PRICES — FREE MARKET (October 10, 1994)

London Metal Exchange Spot closing prices in $US per tonne Date Oct 4 Oct 3 Sept 30 Sept 29 Sept 28 Copper 2507-2508 2471.5-2472.5 2476.5-2477.5 2518-2519 2558.5-2559.5 Lead 628-629 622.5-623.5 620-62…



GOLD FUNDS (October 10, 1994)

BGR Central Net Value $18.41 $6.90 Price $16.00 $7.00 Premium 1.4 Discount 13.09% Value $149,568,000 $126,695,100…


Wrightbar, Charlim plan new company

A new company is to be formed, combining some of the gold and lithium properties held by Wrightbar Mines (ME) and Charlim Resources (VSE). Wrightbar shares will be consolidated on a 2-for-1 basis, aft…


PRODUCER PRICES (October 10, 1994)

ALUMINUM: MW U.S. market US78.5-79.5 cents per lb. (Sept. 22, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Sept. 30, 1994). BISMUTH: MW New York dealer US$3.90-4.30 per lb. (Sept. 30, 199…


Placer to spend US$35 million at Campbell gold mine

A US$35-million project to deepen the shaft at the Campbell gold mine in Balmertown, Ont., should sustain annual production of 300,000 oz. beyond the year 2000. Beginning in January, owner Placer Dome…


COMMENTARY — Silver multilayer systems catch on

U.S. fabrication demand for silver in electronic-electrical applications jumped to more than 18.8 million oz. in 1993 from 18.3 million oz. in 1992. A significant cause of that 500,000-oz. increase is…


ODDS’N’SODS — The benefits of mining

Mine-finding is perhaps the most difficult and financially hazardous task undertaken in the industrial world. Success requires supreme dedication or phenomenal luck, or some part of both. Few people u…


TVX buys stake in Czech property

Toronto-based TVX Gold (TSE) has acquired a 90.5% equity interest in a Czech company which holds the Kasperske Hory gold property. Situated 160 km southwest of Prague in the Czech Republic, the proper…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close