The Central African Republic became the “in” place to look for diamonds during the week ended Dec. 29, as investors opened their wallets for juniors acquiring property in the undeveloped country. The …
The roots of the labor dispute between Royal Oak Mines (TSE) and the union representing workers at the Giant gold mine near Yellowknife, N.W.T., can be traced to the company’s acquisition of the mine …
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec. 29 Dec.28 Dec.25 Dec.24 Dec. 23 Copper 1501-1503 N/A N/A 1462-1463 1466-1467 Le…
A contract to build and operate a multimillion-dollar vacuum pressure swing absorption oxygen plant at the Brunswick Mining and Smelting (TSE) plant at Belledune, N.B., was recently awarded to Praxair…
Recent property acquisitions in the Yukon Territory will give Eastfield Resources (VSE) over 40 sq. km of ground adjacent and to the west of the Casino property owned by Pacific Sentinel Gold. Eastfie…
Dec.29 Dec.28 Dec.25 Dec.24 Dec.23 High Low Composite”300″3314.87 N/A N/A 3319.91 3323.16 4009.47 3009.91 Metals&Minerals 2769.70 N/A N/A 2741.40 2753.09 3453.06 2502.63 Integrated Mines2849.06 N/A N/…
ALUMINUM: MW U.S. market US57-58 cents per lb. (Dec. 25, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CA…
Proceeds of $552,000 received by Eldorado (VSE) from an initial public offering will be combined with revenue from gold sales to further advance the La Colorada gold project near Hermosillo, Mexico. E…
A major Canadian gold mine — Lupin in the Northwest Territories — celebrated its 10th anniversary in 1992. The Lupin mine, operated by Echo Bay Mines (TSE), has produced more than 1.72 million oz. g…
Further exploration of the Jones Hill volcanogenic massive sulphide deposit will be carried out by Aur Resources (TSE), which recently optioned the New Mexico project from Champion Resources (VSE). Au…
A previously announced funding agreement between Quinto Mining (VSE) and a U.S. investment syndicate was recently finalized. In return for $4 million in funding, the syndicate will earn a 50% interest…
Drilling is expected to resume on the Huckleberry porphyry copper property near Kemano, B.C., this month. The drilling will complete the planned 1992 program which was recently suspended because of he…
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