TSE Short Positions (October 26, 1992)
Semi-monthly reports as of October 15, showed 32,416,745 shares of 572 issues compared with 28,399,927 shares of 560 issues on September 30. Larger individual positions included: Aber Res. 58,600; Ame…
Articles by Northern Miner Staff
Spot prices at a glance (October 26, 1992)
Week’s Price (US) Change Gold* $343.50 + $0.20 Silver* $ 3.81 + $0.10 Platinum* $357.25 + $2.25 Nickel** $ 2.75 – $0.09 Lead** $ 0.24 – $0.01 Copper $ 1.03 + $0.01 Zinc $ 0.51 – $0.03 Courtesy of Scot…
LATIN AMERICA ROUNDUP — Drilling planned for Santa Rosa
Based on results from the initial phase of exploration, International Mahogany (TSE) and Mahogany parent North Lily Mining (NASDAQ) plan a follow-up drilling program to further define and expand coppe…
Beaufield consolidates shares
Toronto-based junior Beaufield Resources (TSE) has consolidated its common shares on a 10-for-1 basis and changed its name to Beaufield Consolidated Resources. The new company has been granted a listi…
LATIN AMERICA ROUNDUP — Cambior takes on Mexican project
A recently signed definitive agreement gives Cambior (TSE) the right to earn a 50% interest in the Suaqui Verde copper project in northern Mexico owned by Azco Mining (TSE). The property hosts a large…
Dundee subsidiary proposes merger
Dundee Bancorp (TSE) says its wholly owned U.S. subsidiary Dundee Bancorp International has proposed a merger with Avalon Corp. and Zemex Corp. whereby Avalon and Zemex would become subsidiaries of Du…
Siderock showings in Manitoba
Reporting encouraging showings this past summer from its Bissett area gold claims in Manitoba was private company Siderock Gold. The company says sampling grades ran up to 39 grams gold per tonne and …
Lac boosts loan by US$100 million
A US$70 million, 5-year loan to Lac Minerals (TSE) has been increased to US$170 million. The new loan, arranged with a syndicate of Canadian and international banks led by N.M. Rothschild and Sons, wi…
Proposals sought for graphite play
A Bermudian mining finance and investment company listed in Luxembourg, European Mining Finance (EMF), says it is trying to find a buyer or partner for a graphite property north of Kingston, Ont. EMF …
MINING IN MEXICO — PROJECT ROUNDUP — War Eagle drilling at
Vancouver-based War Eagle Mining (VSE) has the right to acquire a 99% interest in the La Blanca property in Chihuahua, Mexico, by making staged payments totalling US$770,000. The property is subject t…
MINING IN MEXICO — PROJECT ROUNDUP — Azco exploring pair of
Two large porphyry copper-oxide projects belonging to Azco Mining (VSE), Piedras Verdes and Suaqui Verde, both in the Mexican state of Sonora, are candidates for development using solvent extraction, …
MINING IN MEXICO — FMC establishes Mexican subsidiary
Chicago-based FMC Gold (NYSE) recently incorporated Minera FMC as a Mexican subsidiary to facilitate exploration efforts in Mexico. The company reports that it is encouraged by initial exploration eff…