Spot prices at a glance (March 15, 1993)
Week’s Price (US) Change Gold* $326.50 $3.05 Silver* $ 3.57 $0.01 Platinum* $345.00 + $2.50 Nickel** $ 2.72 + $0.04 Lead** $ 0.19 $0.00 Copper $ 0.97 $0.00 Zinc $ 0.45 $0.01 Courtesy of Scotiabank. In…
Articles by Northern Miner Staff
Orvana hits high-grade values
A recent trenching program on Orvana Minerals’ (TSE) Central Inlier property in Jamaica has encountered high-grade gold mineralization. A series of trenches was excavated along a strike length of 120 …
FINANCING (March 15, 1993)
Mountain Province Mining — 1,250,000 units @ 66 cents per unit where each unit consists of 1 sh and 1 two year Series G sh purchase wts. 2 Series G wts to purchase 1 sh.
GOLD FUNDS (March 15, 1993)
BGR Central Net Value $8.67 $4.86 Price $6.75 $4.50 Discount 22.13% 7.4% Value $48,557,000 $75,709,350…
TORONTO STOCK EXCHANGE INDICES (March 15, 1993)
Mar.9 Mar.8 Mar.5 Mar.4 Mar.3 High Low Composite”300″ 3553.21 3551.04 3524.49 3501.29 3467.18 4009.47 3009.91 Metals&Minerals 2939.46 2895.99 2819.56 2815.09 2828.35 3453.06 2502.63 Integrated Mines30…
METAL PRICES — FREE MARKET (March 15, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 9 Mar. 8 Mar. 5 Mar. 4 Mar. 3 Copper 1492-1493 1478-1479 1474-1475 1463-1464 14…
Onaman River drilling program
With new financing in place, 60/40 partners Castlewood Metals and Explorations (CDN) and Goldbrook Explorations (ASE) are launching a 20,000 ft. diamond drilling program on the 131-claim Onaman River …
Fischer-Watt terminates drilling program
A drilling program on a gold property in Honduras owned by Minerales de Copan S.A. de C.V. has been discontinued by Fischer-Watt Gold (NASDAQ). Madeleine Mines (TSE) and Milner Consolidated Silver Min…
Homestake gold output up 6% in 1992
A total of 1.84 million oz. gold was produced to the account of Homestake Mining (NYSE) in 1992, a modest 6% increase from the previous year. The increase was primarily due to the Homestake mine in So…
Tri Gold signs option deal
An undisclosed party recently signed a US$7.5 million option agreement to explore Trio Gold’s (ASE) wholly owned Rodeo Creek property, 30 miles north of Carlin, Nev. Trio said it will operate and mana…
Gwen to resume Buffonta mining
Gwen Resources (ASE) has commenced dewatering the Kerr open pit on the New Buffonta gold property in Harker-Holloway Twp., near Kirkland Lake, Ont. The project is a 50/50 joint venture with Deak Resou…
Etruscan revives Hackett River
A recent agreement with Cominco (TSE) allows Etruscan Enterprises (VSE) to further explore the Hackett River base metal property, 200 km east of Minnova’s (Metall Mining) Izok Lake base metal deposit …