Value of trades increases on ME
The total value of stock traded on the Montreal Exchange increased by 16% in 1992 over 1991, compared with an increase of 13% of equity value traded for the Canadian market as a whole, preliminary fig…
News
STOCK MARKETS — VSE’s resource index posts a healthy gain on
Looking back over 1992, one is reminded of the potential for spectacular gains on western markets. The Vancouver Stock Exchange resource index posted an almost 50% increase to 667.08 points by the end…
Cathedral Gold plans drilling
Surface geophysical work at the Trendline property owned by Cathedral Gold (TSE) outlined a deep target which the company plans to drill test this month. Cathedral staked the 1,900-acre property earli…
Spot prices at a glance (January 04, 1993)
Week’s Price (US) Change Gold* $332.30 – $0.20 Silver* $ 3.66 – $0.04 Platinum* $356.50 – $3.00 Nickel** $ 2.64 $0.00 Lead** $ 0.21 $0.00 Copper $ 1.03 + $0.01 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…
METAL PRICES — FREE MARKET (January 04, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec. 29 Dec.28 Dec.25 Dec.24 Dec. 23 Copper 1501-1503 N/A N/A 1462-1463 1466-1467 Le…
Oxygen supply for Brunswick
A contract to build and operate a multimillion-dollar vacuum pressure swing absorption oxygen plant at the Brunswick Mining and Smelting (TSE) plant at Belledune, N.B., was recently awarded to Praxair…
Strike acquires Ontario claims
Strike Minerals (CDN) has purchased one dozen 16-claim units covering 7,680 acres in Amyot, Browning, Ogilvie and Sheard twps., 10 miles southwest of Shining Tree, Ont. Strike says it acquired the gro…
Eastfield expands Casino area holdings
Recent property acquisitions in the Yukon Territory will give Eastfield Resources (VSE) over 40 sq. km of ground adjacent and to the west of the Casino property owned by Pacific Sentinel Gold. Eastfie…
TORONTO STOCK EXCHANGE INDICES (January 04, 1993)
Dec.29 Dec.28 Dec.25 Dec.24 Dec.23 High Low Composite”300″3314.87 N/A N/A 3319.91 3323.16 4009.47 3009.91 Metals&Minerals 2769.70 N/A N/A 2741.40 2753.09 3453.06 2502.63 Integrated Mines2849.06 N/A N/…
Crown drops Kettle River
Disappointing operating results and a poor forecast prompted Crown Resources (TSE) to withdraw from the Kettle River joint venture in northeastern Washington state. The project originally went into pr…
Barrick drops Yellow Pine option
After completing a preliminary drilling program, American Barrick Resources (TSE) has decided not to invest in Hecla Mining’s (NYSE) Yellow Pine gold deposit in Idaho. Last summer, Barrick signed a le…
La Teko confirms Ryan Lode tonnage
A recently completed independent calculation of reserves at the Ryan Lode property near Fairbanks, Alaska, confirms and expands previous estimates made by owner La Teko Resources (VSE). Mine Developme…