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PRODUCER PRICES (March 15, 1993)

ALUMINUM: MW U.S. market US54-55 cents per lb. (Mar. 4, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CAD…


Canarctic study focuses on Coronation Gulf shipping

A shipping season of at least five months is commercially feasible for Coronation Gulf, N.W.T., according to a recent study on Arctic navigation. The study looked at access to and from Coronation Gulf…


INSIDER TRADING — Thunderwood trio pads holdings

A trio of top managers at Thunderwood Resources (TSE) recently took a large share position in the junior explorer. According to the Ontario Securities Commission’s OSC Bulletin, Chairman James Gill bo…




Dickenson reports increase in 1992 gold production

Gold output in 1992 at Dickenson Mines (TSE) increased slightly to 111,872 oz. from 108,477 oz. in 1991. The company’s gold production comes from its 100%-owned Arthur White mine, near Red Lake, Ont.,…


Crude steel output decreases

World crude steel production in 1992 totalled 714 million tonnes, off 3% from the 1991 amount, according to preliminary estimates by the International Iron and Steel Institute of Brussels. Output in t…


Jordex announces Bolivian sale

A decision by Jordex Resources (TSE) to sell stock interests in a Bolivian zinc company was attributed to the general zinc market decline. As a result, substantial losses are being incurred. Jordex ag…


Falconbridge drills near Matachewan

Falconbridge has begun a 3,500-metre diamond drill program on the Robertson Twp. base metal property 14 km north of Matachewan, Ont. The 135-claim property, owned 40% by Strike Minerals (CDN) and 60% …


USMX completes Goldstrike purchase

Although the purchase price was not disclosed, USMX (NASDAQ) reports it has completed the acquisition of the Goldstrike mine near St. George, Utah, from owner Tenneco Minerals. James Knox, president o…


Mazarin reports asbestos earnings

The asbestos assets of Societe d’Exploration Miniere Mazarin (ME) are paying off. The Quebec City-based company reports nine-month net earnings of $9.7 million (27 cents per share, diluted). During th…


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