News


NEWS ROUNDUP — Comstate bids to take over Comaplex

Calgary-based junior Comstate Resources (TSE) has made a bid to buy all the issued and outstanding shares of Comaplex Resources (TSE). The Schaffhauser Kantonalbank of Switzerland and three directors …


LAST BUT NOT LEAST — Gaspesie reports titanium find

A mineralized zone of titanium and phosphate has been uncovered in the Baie Comeau area of Quebec’s North Shore, Gaspesie, Societe d’explorations petroliere et miniere (ME) reports. The mineralization…


New Ontario discharge levels

New Ontario government regulations will require mining companies operating in the province to reduce emissions of five toxic heavy metals and cyanide by an average of 40% by 1996. Mines and metal refi…



Gold Funds (September 27, 1993)

Gold Funds as of Sept. 21 BGR Central Net Value $12.78 $5.62 Price $11.00 $6.125 Discount 13.91% 9.0% Value $71,571,000 $110,858,213…


NEWS ROUNDUP — Teck, Equinox in Bolivia

A joint-venture agreement provides with US$500,000 in funding for three Bolivian properties. Teck (TSE) will provide funding by early 1994 and can maintain a 51% interest in any of the properties by f…



METAL PRICES — FREE MARKET (September 27, 1993)

London Metal Exchange Spot closing prices in $US per tonne Date Sept. 21 Sept. 20 Sept. 17 Sept. 16 Sept. 15 Copper 1739-1740 1754-1756 1759-1760 1936-1938 1927-1930 Lead 371-372 373-374 374-375 379-3…



Dundee-Palliser to buy MVP shares

Toronto-listed Dundee-Palliser Resources can buy 17.5-25 million common shares of MVP Capital from a private shareholder at 5 cents each. The purchase price is payable partly in cash on closing; and t…


Producer Prices (September 20, 1993)

ALUMINUM: MW U.S. market US54.00-54.75 cents per lb. (Sept. 2, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 199…


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