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…
Articles by Northern Miner Staff
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…
Beauchamps cuts copper-gold values
The first hole (92-1) of a program at the Sustut project 30 miles south of the Kemess area in British Columbia cut 121 ft. (from 43 ft. to 164 ft.) grading 0.6% copper and 0.025 oz. gold per ton, incl…
TSE Short Positions (July 27, 1992)
Semi-monthly reports as of July 15, showed 26,202,288 shares of 573 issues compared with 25,849,622 shares of 590 issues on June 30. Larger individual positions included: Aber Res. 68,500, down 49,700…
Age-dating helps in search for orebodies
The mention of age-dating may raise a few chuckles in some circles. But it really doesn’t have anything to do with pensioners going out with one another. Age-dating is the serious business of determin…
Corona acquisition gets approval
Shareholders of Homestake Mining (NYSE) voted 92% in favor of a proposal to issue about 37.3 million common shares to acquire International Corona (TSE). Homestake received the necessary shareholder a…
Record output for Casa Berardi
The Casa Berardi mine in Quebec was excluded from a list of Canada’s top 12 gold mines in a recent story (T.N.M., July 6/92). Owned by TVX Gold (TSE) and Golden Knight Resources (TSE) through a 60-40 …