Environmental issues addressed
The Canadian Council for International Business will join Mexican and U.S. business representatives to discuss environmental issues affecting North American industries. The voluntary program promotes …
News
CHILEAN REVIEW — Hefty foreign investment
The Chilean mining industry benefited from about US$1.5 billion in foreign investment in 1992, according to the Chile Copper Commission. Projects with major investments included Cominco’s Quebrada Bla…
Sudden drop in nickel inventories
The price of nickel has dropped to US$2.54 per lb. (compared with US$2.61 at the end May) following a sudden decrease in London Metal Exchange (LME) inventories to 90,492 tonnes (95,274 at the end of …
Metal Prices (June 28, 1993)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne)…
Gold Funds (June 28, 1993)
BGR Central Net Value $12.46 $5.77 Price $11.38 $6.25 Discount 8.69% 8.3% Value $69,786,000 $113,120,625…
CHILEAN REVIEW –Dayton’s Andacollo open to offers
Toronto-listed Dayton Mining continues to search for proposals or offers for its Andacollo project in central Chile. A funding arrangement with a Malaysian group collapsed earlier this year and the co…
Toronto Stock Exchange Indices (June 28, 1993)
— Week — Jun 29 Jun 28 Jun 25 Jun 24 Jun 23 High Low Composite “300” 3935.74 3922.43 3906.94 3903.71 3892.42 3935.74 3881.22 Metals & Minls 2997.82 3000.97 2977.30 2935.19 2919.18 3003.53 2899.89 In…
CHILEAN REVIEW — Bridger pursues Teck lawsuit
Junior company Bridger Resources (VSE) is proceeding with an action for damages, which involves allegations of breach of contract against Teck (TSE). Bridger alleges the parties reached an agreement u…
PRODUCER PRICES (June 28, 1993)
ALUMINUM: MW U.S. market US53.50-54.50 cents per lb. (June 17, 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…
Arauco starting with basics
Through grassroots exploration, mainly in Chile, Arauco Resources (VSE) hopes to find its way to producer status. The jointly owned company has been concentrating efforts in southern Chile on the prem…
NEWS ROUNDUP — Gold Reserve receives extension
The Venezuelan ministry of energy and mines has granted Gold Reserve (NASDAQ) a 10-year extension to explore and develop its Alfa diamond and gold concessions in east-central Venezuela. Several diamon…
LAST BUT NOT LEAST — Adrian options Panama concessions
Under an option agreement, Madison Enterprises (VSE) can acquire a 50% interest in the Belencillo concession in Panama. To do so, it must pay Adrian Resources (VSE) $250,000 over four years, issue 200…