METAL PRICES — FREE MARKET (May 22, 1995)
London Metal Exchange .TSpot closing prices in $US per tonne DateMay 16 May 15May 12May 11May 10Copper2758-2759 2742-27432764-27652729-27302733-2734 Lead594.5-595.5 586-587 580.5-581.5 57…
Articles by Northern Miner Staff
PRODUCER PRICES (May 22, 1995)
ALUMINUM: MW U.S. market US89.5-90.5 cents per lb. (April 14, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.65-3.75 per lb. (April 7, 1995)….
Canarc drilling Guyanese property
Drill crews at the Ianna property in Guyana have struck gold mineralization in two separate areas.Canarc Resource (TSE) is earning up to a 65% interest from Roraima Gold (VSE) by carrying out drilling…
Spot prices at a glance (May 22, 1995)
Wednesday, May 17Week’s .T Price (US)Change Gold*$383.40 $0.00 Silver*$5.38- $0.10 Platinum*$428.65-$6.85 Nickel**$3.31+ $0.16 Lead**$ 0.27+$0.01 Copper$ 1.26+$0.02 Zinc$ 0….
Cambior drilling at Douay West
Confirmation drilling by Cambior (TSE) at the Douay West gold project near Joutel, Que., has returned some encouragingintersections.Property owner Societe d’exploration miniere Vior (ME) reports that …
RFC expands Pend Oreille play
Drilling has increased preliminary reserves by 39% at the Pend Oreille zinc project in northeastern Washington state.RFC Resource Finance (TSE) carried out a 21,918-ft. program, consisting of 21 holes…
Meetings (May 22, 1995)
May 29, Hillcrest — annual, generalMay 29, Morrison Middlefield — annualMay 29, Northridge — annual, generalMay 29, NDU — annual, generalMay 29, Platinova A/S — annual, specialMay 29, Platinova R…
Drilling expands Voisey Bay
Exploratory drilling west of the Voisey Baynickel-copper-cobalt discovery is expanding the scope of the Labrador project.Owner Diamond Fields Resources (TSE) reports that holes 95-89, 95-93 and 95-98 …
Imperial reserves rise dramatically (May 22, 1995)
Estimates for the amount of gold contained within California’s Imperial project have doubled.Owner Glamis Gold (TSE) reports that minable reserves have risen to 89.9 million tons grading 0.017 oz. per…
NEWS ROUNDUP — Canyon reports loss for the quarter
Colorado-based Canyon Resources (NASDAQ) posted a loss of US$647,900 (or 3 cents per share) for the first quarter, compared with a loss of US$237,200 (or 1 cents per share) for the same period in 1994…
Coeur d’Alene liquidates assets
Silver-producer Coeur d’Alene Mines (NYSE) will sell two of its lesser assets.Flexaust, a manufacturing division which produces flexible hose and tubing, is being sold to subsidiaries of the German fi…
Meetings (May 15, 1995)
May 23, Antilles – general, extraordinaryMay 23, Cominco Res Int’l – annual, specialMay 23, Gold Trump – annual, generalMay 23, Northern Dynasty – annual, generalMay 23, Pangea – generalMay 23, Pinnac…