Aurex expanding Chile operations
The expansion of Cobrex’s copper-gold-silver project in Chile is well under way and Aurex Resources (VSE) expects to be operating at 650 tonnes per day by July. Aurex acquired a 70% interest in Cobrex…
News
Complex ore’s the problem, says Furlong — State assays
The Arizona Department of Mines and Mineral Resources has determined through a state-registered assayer that samples the department had taken from International Platinum Corp.’s (TSE) Arizona property…
Vauquelin increases stake in Ghanaian property
Montreal-listed Vauquelin Mines (ME) can earn an additional 27.5% interest in the 20-sq.-mile Toleku Bokaso gold property in Ghana. The company now has the option to earn a total undivided interest of…
Producer Prices (April 11, 1994)
ALUMINUM: MW U.S. market US62.75-63.75 cents per lb. (Mar. 24, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…
Wheaton reports income for 1993
Toronto-listed Wheaton River Minerals has reported a consolidated net income of $1.8 million or 17 cents a share for 1993, compared with a loss of $520,000 or 7 cents a share in 1992. Almost $1 millio…
OPINION — Copper market benefits from China’s
The industrialization of China is likely to be the most significant economic development of the 1990s. To date, China’s manufacturing boom has had a far more positive impact on copper than on any othe…
PEOPLE — OTIS J. EXPLORATION (April 11, 1994)
Victor Coulthard and Larry McLean appointed directors.
Toronto Stock Exchange Indices (April 11, 1994)
— 1994 — Apr 5 Apr 4 Apr 1 Mar 31 Mar 30 High Low Composite”300″ 4273.29 4230.10 N/A 4329.62 4313.91 4609.93 3518.31 Metals&Minerals 3616.35 3577.51 N/A 3618.55 3603.56 3879.59 3495.59 Integrated Mi…
Metal Prices — FREE MARKET (April 11, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date April 5 April 4 April 1 Mar. 31 Mar. 30 Copper 1892-1893 N/A N/A 1876-1877 1876-1877 Lead 442.5-443.5 N/A N/A 444.5-445.5 448.5-449.5 Zi…
Labor dispute affects Westmin
Beleaguered Westmin Resources (TSE) suffered a net loss of $27 million in 1993, compared with a loss of $18.1 million in the previous year. The results were affected by an ongoing labor dispute at its…
Production stable for Placer Dome
In 1993, Placer Dome’s (TSE) share of gold production totaled 1.8 million oz. at an average cash production cost of US$184 per oz., compared with US$189 in the previous year. The company’s share of pr…
Geoscientists continue international focus
With domestic work for Canadian geoscientists having diminished over recent years, many individuals and companies are being forced to broaden their horizons and search for opportunities outside the co…