Metal Prices — FREE MARKET (August 28, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDate August 22 August 21 August 18 August 17 August 16Copper 3078-3080 3092-3095 3117-3120 3143-3151 3070-3072Lead 621.5-623.5 627.5-628.5…
Articles by Northern Miner Staff
First Western busy in Quebec
Two base metal properties in northern Quebec will be explored under an agreement between Band-Ore Resources (CDN) and First Western Minerals (VSE).In return for a 51% working interest, First Western h…
Eastmain steps up drilling at Reservoir
Drilling is in progress at the Reservoir gold property in the Eastmain River greenstone belt in Quebec.Property owner Eastmain Resources (CDN) has announced that drilling to the end of July had indica…
Spot prices at a glance (August 28, 1995)
Wednesday, August 23Price (US)Week’s ChangeGold*$383.45-$0.65Silver*$5.56+$0.20Platinum*$428.00+$7.30Nickel**$4.13+$0.04Lead**$0.28$0.00Copper$1.39$0.00Zinc$0.46 $0.00Co…
Getchell and Teck drilling Rainbow
Drills are turning again on the Rainbow joint venture near Kamloops, B.C.Partners Getchell Resources (VSE) and Teck (TSE), which own 30% and 70%, respectively, are carrying out this second phase of wo…
Goldbrook options Onaman property
Alberta-listed Goldbrook Explorations plans to explore some newly optioned claims in northwestern Ontario.The South Onaman property comprises 51 claims on the southern boundary of Goldbrook’s 148-clai…
INSIDER TRADING — Teck brass granted options, sell shares
Four senior officers of Teck (TSE) recently exercised options and acquired Teck class B shares which they then sold.According to the Ontario Securities Commission’s OSC Bulletin, Gary Jones, senior of…
INVESTMENT COMMENTARY — Kinross takes a breather
By purchasing underdeveloped assets and realizing their full potential, Kinross Gold (TSE) has become one of the fastest-growing North American gold producers. Indeed, the company seems poised to join…
Magma and Chase to exploit Philippine copper
An agreement with Magma Copper (NYSE) will enable Chase Resource (TSE) to advance its Taysan copper project in the Philippines.Subject to the completion of a due diligence review and regulatory approv…
Inmet Mining takes Copper Range closure on the chin
There was little cause for celebration as Inmet Mining (TSE) unveiled its results for the second quarter.The company’s decision to suspend conventional mining and milling at its 87%-owned Copper Range…
Allegheny acquires Atikokan acreage
Further land has been acquired by Allegheny Mines (ASE) in the Atikokan gold camp, surrounding its existing property on the former Atiko-Sapawe gold mine.Allegheny now holds more than 300 claims in th…
Noranda to test SX-EW at Gaspe
Solvent extraction-electrowinning technology (SX-EW) will be applied to stockpiled copper oxide ores at Noranda’s (TSE) Gasp mine in Quebec.The company will spend $4 million constructing a pilot plan…