Metal Prices — FREE MARKET (February 13, 1995)
London Metal Exchange Spot closing prices in $US per tonne Date Feb. 7 Feb. 6 Feb.3 Feb. 2 Feb.1 Copper 2847-2848 2809.5-2810.0 2883.5-2884.5 2886-2887 2998-2999 Lead 584-585 559-569 616.5-617.5 624-6…
Articles by Northern Miner Staff
Gold Funds (February 13, 1995)
Gold Funds as of Feb 6 BGR Central Net Value $16.27 $6.47 Price $12.75 $6.375 Discount 21.63% 1.5% Value $127,491,000 $115,383,038…
Toronto Stock Exchange Indices (February 13, 1995)
— 1994 — Feb 7 Feb 6 Feb 3 Feb 2 Feb 1 High Low Composite “300” 4100.99 4119.78 4105.05 4061.10 4019.11 4609.93 3518.31 Metals&Minerals 3922.33 3964.05 4083.50 4020.20 3956.20 4337.89 3273.56 Integr…
Inco, Codelco exploring deposit
Chile’s state-owned copper company, Codelco, and Compania Minera Mamina, a wholly owned subsidiary of Inco (TSE), will proceed with the second phase of exploration on the 10,000-hectare Mamina copper-…
Results encourage Haddington, Portman
Initial drilling on the Tyrrell Twp. gold project near Shining Tree, Ont., has yielded encouraging results for partners Haddington Resources (VSE) and Portman Explorations (VSE). The project consists …
Great Lakes signs bank agreement
A banking agreement will enable Great Lakes Minerals (TSE) to acquire an additional 10% interest in the Grouse Creek venture in Idaho, as well as hedge the production of future gold and silver product…
NEWS ROUNDUP — Campbell buys into former Lac play
Toronto-listed Campbell Resources (TSE) has opted to acquire the Wildcat gold project, formerly held by Lac Minerals. Situated 80 miles northeast of Reno, Nev., the property was recently subjected to …
NEWS ROUNDUP — Nevsun drilling in western Mali
A second phase of drilling is under way at the Tabakoto gold concession in western Mali. Nevsun Resources (VSE) is drill-testing 1,000 metres of a 2,500-metre-long zone of mineralization marked by ext…
NEWS ROUNDUP — Osito to drill in Costa Rica
A 300-metre drill program is planned for the Turin property in Costa Rica. Owner Osito Ventures (VSE) plans to drill-test previously identified gold mineralization. Three epithermal vein systems have …
Metal prices boost Asarco earnings
Higher metal prices and reduced operating costs contributed to improved year-end results for Asarco (NYSE). Asarco earned US$64 million (or US$1.53 a share), compared with US$15.6 million (or US38 cen…
Britannia options ground to Noranda
The Las Lomas prospect in northern Peru is the subject of an option agreement between Britannia Gold’s (VSE) half-owned Peruvian subsidiary, Minera Britannia Gold, and Noranda (TSE). By financing expl…
Rio Amarillo drills Chachacomiri
Diamond drilling on the Chachacomiri silver-gold-tin property near Potosi, Bolivia, should be completed by March. Partners Rio Amarillo Mining (VSE) and Cominco Resources International (TSE) expect to…