News


LETTERS TO THE EDITOR — Escondida find a team effort

In the article “Arequipa eyes Peruvian copper” (T.N.M., Nov. 29/93), David Lowell is described as having “managed” the exploration program that resulted in the discovery of Chile’s La Escondida copper…


Westminer suit against Seabright before appeal court

Arguments have concluded in the Nova Scotia Court of Appeal in the lawsuit between Westminer Canada and the former directors of Seabright Resources. Westminer is seeking $62 million in damages to comp…


Pickard praises co-operative spirit

A co-operative spirit between the mining industry and government exists in Manitoba, according to the president of Falconbridge. Addressing the business section of the Manitoba Mining, Minerals and Pe…



Chinese coins to honor Mao

A former leader of China is to be honored through the issue of gold and silver coins. A Chinese news agency reports that the coins will mark the centenary this month of the birth of Mao Tse-tung. The …


Teck financing

Taking advantage of the recent surge in mining share prices, Teck (TSE) is selling 4.5 million B common shares at $23.25 each. The group of underwriters, led by Gordon Capital, Nesbitt Thomson and CF …






PRODUCER PRICES (December 20, 1993)

ALUMINUM: MW U.S. market US51.25-50.25 cents per lb. (Dec.2, 1993). 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, 1993…


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