Spot prices at a glance (March 16, 1992)
Week’s Price (US) Change Gold* $349.00 – $1.20 Silver* $ 4.15 + $0.04 Platinum* $363.25 + $2.50 Nickel** $ 3.40 + $0.04 Lead** $ 0.24 $0.00 Copper $ 1.01 – $0.01 Zinc $ 0.53 – $0.01 Courtesy of Scotia…
News
Martel testifies before committee
Shelley Martel says she became increasingly upset with a Sudbury doctor in the weeks before she lied about his practice. In her first day of testimony before the committee probing her conduct, Ontario…
NEWS ROUNDUP (March 16, 1992)
Edmonton-based Golden Star Resources (TSE) has been granted the exclusive right to explore for gold and other minerals on a 200,000-hectare block of ground in Suriname, South America. Golden Star is t…
U.S. REPORT (March 16, 1992)
Pathfinder Exploration, a wholly owned subsidiary of mining giant Cogema, recently signed an option to earn up to a 65% interest in the Morning Glory/Wallace Creek property owned by Formation Capital …
FUTURES PRICES (March 16, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 102.05 101.70 102.10 …. May 102.20 101.15 102.05 – 0.10 Jul 101.60 100.80 101.50 …. SILVER (in US cents p…
METAL PRICES (March 16, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar 10 Mar 9 Mar 6 Mar 5 Mar 4 Copper 1299-1301 1285-1286 1295-1296 1318-1319 1313-1…
Viceroy pours its first gold
After a long and hard uphill battle, Viceroy Resources (TSE) is finally celebrating its first gold pour at its 75% owned Castle Mountain open pit heap leach project in San Bernardino Cty., Calif. Vice…
On the Level (March 16, 1992)
This country is sorely in need of some new mines — big ones. But what in the world will it take to turn the industry around? Over the years it has learned to cope with the cyclical nature of the busi…
Royal Oak takes control of Trader
Shareholders of Trader Resource (TSE) unanimously approved an offer to exchange 15 million shares for interests in two Ontario mineral properties held by Royal Oak Mines (TSE). Royal Oak now owns over…
Cominco won’t up stake in Louvicourt
Faced with mounting debts and a string of new projects to finance, Vancouver-based Cominco (TSE) is giving up its direct participation in the Louvicourt Twp. massive sulphide discovery at Val d’Or, Qu…
Wedged hole cuts zone at Vior’s Douay project
The wedging of a previously drilled hole on the Douay gold property in the Casa Berardi area of Quebec resulted in the intersection of a known mineralized zone, Societe d’Exploration Miniere Vior (ME)…
Vangold plans development on gold property at Rossland
An underground development program is being planned by Vangold Resources (VSE) for the North Belt gold property at Rossland, B.C. T.The company holds a 66% interest in the property after spending an a…