TORONTO STOCK EXCHANGE INDICIES
Mar 17 Mar 16 Mar 13 Mar 12 Mar 11 High Low Composite “300” 3439.84 3444.14 3475.79 3479.84 3503.57 4009.47 3009.91 Metals & Minerals2968.93 2961.53 2985.40 3002.51 3030.39 3453.06 2502.63 Integrated …
Articles by Northern Miner Staff
INSIDER TRADING (March 23, 1992)
Three of Noranda’s (TSE) top executives, including Chairman Alf Powis and President David Kerr recently sold a batch of convertible preferred series C shares which they acquired in 1988. According to …
Boards approve merger of Star, SA
The boards of Golden Star Resources (TSE) and South American Goldfields (TSE) have agreed to a merger. Pending shareholder and regulatory approval, the two juniors will merge on the basis of one commo…
Spot prices at a glance (March 23, 1992)
Week’s Price (US) Change Gold* $340.00- $9.00 Silver* $ 4.07- $0.08 Platinum* $353.90- $9.35 Nickel** $ 3.35- $0.05 Lead** $ 0.24 $0.00 Copper $ 1.01 $0.00 Zinc $ 0.56+ $0.03 Courtesy of Scotiabank. I…
Producer Prices (March 23, 1992)
PRODUCER PRICES ALUMINUM: MW U.S. market US59.75-60.75 cents per lb. (Mar. 5, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$2.80-3.00 per lb. (Mar….
Petromet sells 50% stake in Rambler
Newfoundland Exploration (TSE) has acquired the remaining 50% interest in the Rambler property near Baie Verte, Nfld., from its former joint venture partner, Petromet Resources (TSE). To satisfy the $…
FUTURES PRICES (March 23, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 102.00 102.00 – 0.10 May 102.00 100.60 101.90 – 0.15 Jun 100.50 100.50 101.70 …. SILVER (in US cents per oz…
World’s deep mines have their own special features
It is customarily thought that the gold mines of South Africa’s Rand pioneered deep mining. Not so. That distinction was held for many years by the Kolar gold field in India. While the deepest Rand mi…
Morgain hits base metals
Morgain Minerals (VSE) says it has intersected base metal mineralization throughout holes 3 and 4 on the Higgins property in New Hampshire. Although assay results are pending, the company estimates so…
Newfoundland hosts rock room at PDAC
An association of Newfoundland and Labrador explorationists (NALE) is organizing a “rock room” during two days of the Prospectors and Developers Association of Canada’s annual convention in Toronto. T…
Manana’ the rule despite Salinas’ reforms
As President Carlos Salinas de Gortari orchestrates his economic reform program, the image of the lazy Mexican sleeping underneath a cactus plant is rapidly becoming a thing of the past. Inflation is …
Corona’s low costs prompt Homestake bid
The proposed merger between Home stake Mining (NYSE) and International Corona (TSE) is expected to result in Homestake becoming one of the world’s largest gold producers with anticipated 1992 producti…