TORONTO STOCK EXCHANGE INDICES (March 09, 1992)
Mar 3 Mar 2 Feb 28 Feb 27 Feb 26 High Low Composite “300” 3576.79 3579.47 3580.94 3584.08 3580.46 4009.47 3009.91 Metals & Minerals3115.70 3096.57 3096.02 3094.21 3126.27 3453.06 2502.63 Integrated Mi…
News
Toronto Stock Exchange (March 09, 1992)
Recovering from a computer breakdown that forced the exchange to close for more than half a day, the TSE 300 was up 10.85 to 3587.64 today, March 4. The moderate increase followed a record high set on…
PEOPLE (March 09, 1992)
Mike Moustakis appointed director.
EDITORIAL PAGE (March 09, 1992)
It was only a passing reference in Finance Minister Donald Mazankowski’s recent federal budget, but Ottawa’s plan to consider privatizing the Cape Breton Development Corp. (Devco) is a good one. The p…
Hecla to develop Grouse Creek
Following an increase in estimated reserves at the Grouse Creek project in south-central Idaho, owner Hecla Mining (NYSE) is planning to bring the property into production. Proven and probable reserve…
Imperial posts third-quarter loss
A writedown of investments in several associated companies contributed to Imperial Metals’ (TSE) net loss of $3.7 million for the third quarter ended Dec. 31. This compares to net income of $240,000 i…
FUTURES PRICES (March 09, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Mar 102.60 101.90 102.20 + 0.20 May 102.60 101.85 102.15 + 0.60 Jun 101.80 101.30 101.55 …. SILVER (in US cents…
Spot prices at a glance (March 09, 1992)
Week’s Price (US) Change Gold* $350.20 + $1.80 Silver* $ 4.11 + $0.04 Platinum* $360.75 + $6.95 Nickel** $ 3.36 – $0.23 Lead** $ 0.24 + $0.01 Copper $ 1.02 – $0.01 Zinc $ 0.54 + $0.02 Courtesy of Scot…
Alaska production up 4% in 1991
Gold, coal, zinc and silver mining production in Alaska increased to a total value of US$554 million in 1991, a 4% increase over the previous year. A preliminary report on Alaska’s mineral industry re…
Placer’s output almost 1.7 million oz.
New ore discovered at nine operating mines are reported to have more than offset the 1.68 million oz. gold produced to the account of Placer Dome (TSE) in 1991. The Vancouver-based major said gold res…
MINERAL REVIEW AND FORECAST: PRECIOUS METALS; PLATINUM METALS
In 1991, industrial demand for platinum in the non-socialist world increased by more than 5% over 1990. Despite demand, prices hit a six-year low of US$330/oz on Dec. 30, trading below gold for the fi…
MINERAL REVIEW AND FORECAST: DEPUTY MINISTER’S MESSAGE
On behalf of the Mineral Policy Sector and Energy Sector of Energy, Mines and Resources Canada, we are pleased to participate in the presentation of the annual mineral review and forecast in The North…