DIAMOND PAGE — Diamond fund’s rolling
At least two companies have entered into share purchase agreements with the Caratax Diamond Exploration Limited Fund, a tax-sheltered investment fund that will hold a basket of Canadian diamond explor…
News
METAL PRICES — FREE MARKET (June 14, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 8 June 7 June 4 June 3 June 2 Copper 1198-1200 1193-1194 1255-1256 1218-1220 11…
STOCK MARKETS — Gold stocks steal show on spirited Toronto
Reflecting a long-awaited rally in the gold price, gold shares emerged as the biggest traders on the Toronto Stock Exchange in May, the second most active month in TSE history. Trading a total of almo…
STOCK MARKETS — Trading value on VSE reaches a 6-year high
Reflecting strength in both gold and diamond issues, trading value of $675 million on the Vancouver Stock Exchange during May was the highest since September, 1987. The daily average volume of 26.6 mi…
LAST BUT NOT LEAST — Barrick leaps’ on to TSE
Responding to investor demand, The Toronto Stock Exchange has added Long-Term Equity Anticipation Securities (LEAPS) for American Barrick Resources. Placer Dome LEAPS also trade on the Exchange. LEAPS…
Adds fuel to assaying controversy — Gold values elusive at
A resource equivalent to 11 million oz. gold is bound to attract attention. And when word began circulating here that Mindoro Mining had a deposit estimated to be of this magnitude on its property in …
NEWS ROUNDUP — Cathedral lowers operating costs
Operating costs of US$216 per oz. were reported by Cathedral Gold (TSE) for the first quarter, compared with US$268 per oz. for the same period last year. The decrease was due to slightly-higher-than-…
Dickenson’s first quarter encouraging
Higher gold production and lower costs at its Arthur White mine, near Red Lake, Ont., have enabled Dickenson Mines (TSE) to post higher revenues and earnings during the first quarter. Earnings for the…
Miramar readies for production
A feasibility has prompted Miramar Mining (VSE) to proceed with plans to mine the Bonanza zone at its Golden Eagle mine near Virginia City, Nev. Miramar owns a 60% interest in the property while its 1…
PRODUCER PRICES (June 14, 1993)
ALUMINUM: MW U.S. market US52.00-53.00 cents per lb. (May 27, 1993). ANTIMONY: MW New York dealer US78-82 cents per lb. (Mar. 26, 1993). BISMUTH: MW New York dealer US$2.50-2.70 per lb. (Mar. 26, 1993…
TORONTO STOCK EXCHANGE INDICES (June 14, 1993)
— Week — Jun 8 Jun 7 Jun 4 Jun 3 Jun 2 High Low Composite”300″ 3862.72 3892.18 3894.63 3875.01 3859.82 3894.74 3848.86 Metals&Minerals 2926.39 2927.52 2919.30 2899.01 2902.72 2934.94 2896.47 Integra…
GOLD FUNDS (June 14, 1993)
Gold Funds as of Jun 8 BGR Central Net Value $12.40 $5.83 Price $11.25 $6.375 Discount 9.27% 9.3% Value $69,461,000 $115,383,038…