RTZ acquires talc operations of Cyprus Min.
The talc business of Cyprus Minerals (NYSE) has been purchased by RTZ (NYSE) of London. The Cyprus talc mines are primarily in the U.S. The deal also includes talc processing plants in the U.S., Spain…
Articles by Northern Miner Staff
China may allow foreign investment
The vice-director of China’s state gold administration was quoted recently in the China Daily newspaper as saying that foreign investment may be allowed inside the country in part to modernize some mi…
Lac subsidiary awarded $2.6 m
A Spanish court has awarded $2.6 million to Lac Minerals’ (TSE) 48% owned affiliate Mount Wright Iron Mines (CDN), as compensation for royalties earned from the Rubiales lead-zinc mine from July, 1977…
Franco-Nevada issue benefits from gold rally
Taking its cue from a robust gold price rally and some brisk trading in precious metals issues, Franco-Nevada Mining shot to an all-time high of $30.50 on The Toronto Stock Exchange, during the past w…
Brush Creek tour
Two members of the advisory board of Brush Creek Mining and Development (NASDAQ), David Trueman and Peter Le Couteur, will make a field trip at the end of July to northern Russia to evaluate rare meta…
TORONTO STOCK EXCHANGE INDICES (July 27, 1992)
July 21 July 20 July 17 July 16 July 15 High Low Composite”300″3425.21 3452.56 3463.00 3475.58 3472.03 4009.47 3009.91 Metals&Minerals 3140.34 3159.61 3179.92 3199.15 3179.92 3453.06 2502.63 Integrate…
High-grade northern assays spark interest in San Andreas
The Northwest Territories once again dominated investor interest on western markets, although this time it wasn’t diamonds and gold generating all the excitement. San Andreas Resources reported some h…
PRODUCER PRICES (July 27, 1992)
ALUMINUM: MW U.S. market US59.75-60.75 cents per lb. (Jul. 9, 1992). ANTIMONY: New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CAD…
GOLD FUNDS (July 27, 1992)
BGR Central Net Value $8.58 $5.10 Price $7.38 $4.70 Discount 14.06% 7.80% Value $51,099,000 $79,074,210…
FINANCING (July 27, 1992)
Swannell Minerals Corp. – 2,250,000 shs offered @ 40 cents per sh. Chase Res. Corp. – 1,300,000 units offered @ $2.50 per unit. Stormin Res. Inc. – 1,500,000 shs offered, price to be announced.
Spot prices at a glance (July 27, 1992)
Week’s Price (US) Change Gold* $357.10 + $6.15 Silver* $ 3.96 + $0.01 Platinum* $377.90 – $11.60 Nickel** $ 3.42 + $0.06 Lead** $ 0.30 + $0.03 Copper $ 1.17 + $0.01 Zinc $ 0.62 + $0.03 Courtesy of Sco…
Metal Prices — FREE MARKET (July 27, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 21 July 20 July 17 July 16 July 15 Copper 1335-1336 1334-1335 1318-1319 1323-13…