PRODUCER PRICES (November 30, 1992)
ALUMINUM: MW U.S. market US52.25-53.00 cents per lb. (Nov. 5, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…
Articles by Northern Miner Staff
Spot prices at a glance (November 30, 1992)
Week’s Price (US) Change Gold* $334.75 – $0.65 Silver* $ 3.76 – $0.01 Platinum* $356.25 + $2.75 Nickel** $ 2.47 + $0.04 Lead** $ 0.21 $0.00 Copper $ 0.97 $0.00 Zinc $ 0.48 + $0.01 Courtesy of Scotiaba…
Soquem emphasis on Chibougamau area
A slowdown in mining exploration coupled with recent mine closures in the Chapais-Chibougamau region has forced the Quebec government’s mining exploration company Soquem to revise its exploration stra…
TORONTO STOCK EXCHANGE INDICES (November 30, 1992)
Nov.24 Nov.23 Nov.20 Nov.19 Nov.18 High Low Composite”300″3259.25 3258.26 3263.86 3233.73 3231.68 4009.47 3009.91 Metals&Minerals 2579.06 2570.58 2572.54 2541.96 2534.99 3453.06 2502.63 Integrated Min…
Roxmark expands its landholdings in Geraldton area
Toronto junior Roxmark Mines (TSE) has recently concluded agreements on two gold properties near Geraldton, Ont. In one deal, Roxmark, through its subsidiary Beaurox Mines, has purchased Ateba Mines’ …
NEWS IN BRIEF (November 30, 1992)
Consolidated Regal Resources Ltd. (KRE:VSE) has changed its name to Fresco Developments Ltd. (FDP:VSE) with a consolidation of capital on a 1-new-for-2.5-old-share basis. The transfer agent is Montrea…
Queenston makes Euro offering
A Euro-equity offering with European investors for 520,000 common shares at 63 cents per share has been completed by Queenston Mining (TSE). Brokerage house Deacon Barclays de Zoete Wedd acted as Quee…
Amax purchasing Refugio interest
Following up previously announced plans, Amax Gold (NYSE) is proceeding with the acquisition of a 50% interest in the Refugio gold property in central Chile. Amax originally announced its intention to…
Trump options Quebec property
Toronto-based junior Trump Reserve Minerals (ASE) has concluded an agreement to earn a 50% interest in a 36-claim gold property just east of Lebel-sur-Quevillon, Que., from Murgor Resources (VSE). Und…
Drift from Joubi reaches Dubuisson East property
Operator Western Quebec Mines (TSE) expects to be hauling ore from the Dubuisson East deposit near Val d’Or, Que., before month-end after completing a 1,000-metre drift from its neighboring Joubi gold…
Con mine still on the block
Despite weak market conditions, Nerco (NYSE) is still considering the possible sale of its minerals subsidiary which owns and operates a number of precious metal mines, including the Con gold mine at …
EXPLORATION ’92 — High-profile gold project — Pipeline
One of the highest-profile projects in southwestern U.S. is the continuing exploration and development program at the Pipeline gold deposit in Crescent Valley, Nev. The Pipeline project is part of the…