Unlisted Trading (March 16, 1992)
Shares of Strike Minerals got a boost during the week ended March 10 as the company announced a drill program on its 31-claim property in the Shining Tree area of northeastern Ontario. Although a frea…
Articles by Northern Miner Staff
GOLD FUNDS (March 16, 1992)
BGR Central Net Value $8.22 $5.16 Price $7.50 $4.600 Discount 8.75% 10.9% Value $48,937,000 $77,391,780…
FINANCING (March 16, 1992)
Melinga Resources Ltd – 1,700,000 units consisting of 1 sh and 1 series A purch wt offered @ $1.04 per unit. Gold Giant Minerals Inc – 700,000 shs offered @ 35 cents per sh. Arizona Star Resource Corp…
TORONTO STOCK EXCHANGE INDICES (March 16, 1992)
Mar 10 Mar 9 Mar 6 Mar 5 Mar 4 High Low Composite “300” 3529.93 3518.57 3530.84 3545.55 3587.64 4009.47 3009.91 Metals & Minerals3079.29 3064.28 3070.09 3093.68 3109.33 3453.06 2502.63 Integrated Mine…
Deak, Cyprus in Kerr deal
A letter of intent to launch a $3-million underground exploration program at the Kerr gold mine of Deak Resources (TSE) at Virginiatown, Ont., has been signed by Deak and Cyprus Canada, an affiliate o…
Spot prices at a glance (March 16, 1992)
Week’s Price (US) Change Gold* $349.00 – $1.20 Silver* $ 4.15 + $0.04 Platinum* $363.25 + $2.50 Nickel** $ 3.40 + $0.04 Lead** $ 0.24 $0.00 Copper $ 1.01 – $0.01 Zinc $ 0.53 – $0.01 Courtesy of Scotia…
FUTURES PRICES (March 16, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 102.05 101.70 102.10 …. May 102.20 101.15 102.05 – 0.10 Jul 101.60 100.80 101.50 …. SILVER (in US cents p…
METAL PRICES (March 16, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar 10 Mar 9 Mar 6 Mar 5 Mar 4 Copper 1299-1301 1285-1286 1295-1296 1318-1319 1313-1…
Viceroy pours its first gold
After a long and hard uphill battle, Viceroy Resources (TSE) is finally celebrating its first gold pour at its 75% owned Castle Mountain open pit heap leach project in San Bernardino Cty., Calif. Vice…
Autoclaving, bioleaching replacements for roasting
It’s difficult to specify how much of the world’s gold reserves are tied up in refractory ores, which do not yield their gold to cyanidation without prior treatment. But South Africa’s General Mining …
Canmine hits narrow lenses
Canmine Resources (CDN) has intersected some narrow sulphide lenses on its 100% owned FER property 28 miles northeast of Flin Flon, Man. Hole FER 1, drilled on the southern fringe of the target conduc…
Metal prices buoy commodity index
Stronger metal prices helped the commodity price index of Scotiabank pick up in January and move ahead by 1.3% compared with December. The stronger metals, forestry and agricultural prices more than o…