Spot prices at a glance (May 24, 1993)
Week’s Price (US) Change Gold* $378.75 + $22.75 Silver* $ 4.74 + $0.51 Platinum* $392.00 + $13.00 Nickel** $ 2.54 – $0.15 Lead** $ 0.18 – $0.01 Copper $ 0.81 – $0.01 Zinc $ 0.44 – $0.02 Courtesy of Sc…
Articles by Northern Miner Staff
PEOPLE — IRON LADY RESOURCES
Clive Brookes, Sean O’Neill and Alan Rothenbush appointed directors.
Comstock drilling extends Lucerne
Drilling on the South Comstock gold project near Carson City, Nev., has successfully extended the Lucerne gold deposit to the east. Rea Gold (TSE) is earning a 50% interest in the property from BMR Go…
METALS PRICES — FREE MARKET (May 24, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 18 May 17 May 14 May 13 May 12 Copper 1171-1172 1129-1130 1146-1147 1213-1214 11…
PRODUCER PRICES (May 24, 1993)
ALUMINUM: MW U.S. market US52.50-53.00 cents per lb. (May 6, 1993). ANTIMONY: MW New York dealer US78-82 cents per lb. (Mar. 26, 1993). BISMUTH: MW New York dealer US$2.50-2.70 per lb. (Mar. 26, 1993)…
Updated version tells tale of diamond core drill
To the diamond drill fraternity, the story of the invention of the core drill in 1863 is a familiar one. For those unfamiliar with the story, it bears retelling. In 1857, the project of drilling a rai…
Wheels of production beginning to turn
Although the recession has been termed “officially” ended, we in the mining services industry can find little comfort in recent statements to this effect from politicians and economists, neither of wh…
Safety committee reports
. . . An in-depth brief was presented (in 1992) to the Ontario Workers Compensation Board (WCB) concerning the calculation of the earning basis (benefits to be paid to the injured worker). Our brief e…
Environmental policy
The CDDA is committed to the protection of human health, safety and the natural environment; to comply with environmental regulations; to maintain equipment, premises and drill sites in environmentall…
INVESTMENT COMMENTARY — Gold markets spurring new interest
Senior gold producers have benefited the most from the recent run-up in gold prices, and with price-to-earnings (and cash flow) ratios becoming somewhat rarefied, the market has started to come round …
Deadlines approaching on Lac de Gras diamond claims
The pace of staking in the Northwest Territories has accelerated in recent months. But even as new companies jump into the diamond play, claims acquired during the early days of the rush may be droppe…
GOLD FUNDS (May 24, 1993)
BGR Central Net Value $12.07 $5.83 Price $11.25 $6.5 Discount 6.78% 11.5% Value $67,599,000 $109,357,950…