Metal Prices (December 20, 1993)
London Metal Exchange Spot closing prices in $US per tonne Date Dec. 14 Dec. 13 Dec. 10 Dec. 9 Dec. 8 Copper 1723-1724 1747-1749 1717-1718 1677-1678 1674-1675 Lead 463-464 473-474 459-460 456-457 447-…
Articles by Northern Miner Staff
INSIDER TRADING — Copperquest officers sell shares
Two officers of CopperQuest (CDN) sold shares in October. According to the Ontario Securities Commission’s OSC Bulletin, President James Parres bought 16,000 shares at an undisclosed price and sold 19…
NEWS IN BRIEF (December 20, 1993)
Rattler Resource (RTA:VSE) and Reimer Resources (ROV:VSE) have almalgamated to form Kensington Resources (KRT:VSE). Rattler shareholders receive a share for a share and Reimer shareholders receive one…
Rembrandt directors facing lawsuit
Now that Rembrandt Gold Mines (ASE) has a 100% interest in the Polaris Taku gold property in northwestern British Columbia, International Precious Metals (IPM) is proceeding with plans to sue several …
Lenora explores Yemen property
Junior Greater Lenora Resources (TSE) is being given a licence to explore an area 45 km south of San’a, Yemen. The 237-sq-km property is underlain by a Tertiary-aged felsic-volcanic caldera complex. I…
Caledonia’s Spanish subsidiary posts record profit
Filon Sur S.A., the 25%-owned Spanish gold mining subsidiary of Caledonia Mining (TSE), achieved a record net profit in the third quarter. Improved throughput and reduced operating costs enabled the h…
LETTERS TO THE EDITOR — Let’s discuss it: securities dealer
I am writing to point out the manner in which the Ontario Securities Commission (OSC) and Ontario’s New Democratic Party government handled taxpayers’ dollars in their attempt to create and implement …
Chinese coins to honor Mao
A former leader of China is to be honored through the issue of gold and silver coins. A Chinese news agency reports that the coins will mark the centenary this month of the birth of Mao Tse-tung. The …
Alluvial diamonds found near Wawa
Diamond fever has gripped Wawa following the discovery of two alluvial diamonds and several indicator mineral grains in the Michipicoten River Basin. The rush was precipitated by prospector “Mickey” C…
Winslow and Gentry Resources to re-open Engineer mine in
After nearly 70 dormant years, the Engineer mine in northwestern British Columbia is expected to offer up its golden treasure. A producer in the 1920s, Engineer surrendered 18,400 tonnes grading 1.07 …
NO HEADLINE (December 13, 1993)
Gagan Gold (GGG:VSE) has changed its name to Cachet Enterprises (CED:VSE) on a 1-new-for-3-old-share basis.
MacGregor at CIM luncheon
The impact of Latin American mining on Canada will be the subject of an address by Sir Ian MacGregor at the Dec. 16 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and P…