Black Cliff studies recycling plant
Toronto-based Black Cliff Mines (TSE) has initiated a feasibility study regarding the economics of establishing a plastics recycling plant in Nova Scotia. Black Cliff is already involved in this line …
Articles by Northern Miner Staff
Spot prices at a glance (February 24, 1992)
Week’s Price (US) Change Gold* $352.35 $4.00 Silver* $ 4.06 $0.14 Platinum* $358.50 $9.00 Nickel** $ 3.67 + $0.16 Lead** $ 0.23 $0.00 Copper $ 1.00 + $0.01 Zinc $ 0.50 $0.00 Courtesy of Scotiabank. In…
Monk leases Surluga mill
Monk Gold and Resources (ASE) plans to have the Surluga mill near Wawa, Ont., up and running sometime this spring after reaching a lease-to-purchase agreement with owner Citadel Gold Mines (TSE). The …
METAL PRICES (February 24, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 18 Feb 17 Feb 14 Feb 13 Feb 12 Copper 1266-1267 1243-1244 1253-1254 1255-1256 12…
FUTURES PRICES (February 24, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb 102.50 102.00 102.05 + 3.55 Mar 103.00 102.15 102.25 + 3.65 Apr 102.10 101.50 101.60 …. SILVER (in US cents…
Ondesa acquires Andaurex shares, cancels placement
Toronto junior Andaurex Resources (VSE) reports Ondesa Holding Ltd. has completed the previously announced acquisition of a 19.9% interest in Andaurex by way of a private placement. Ondesa bought the …
Noranda posts large loss
Excess worldwide production capacity and lower prices for its resource products forced Noranda (TSE) to report a loss of $133 million ($1.04 a share) in 1991, compared with earnings of $120 million in…
Penna fined on trading charge
The chairman and president of Agnico-Eagle Mines (TSE), Paul Penna, was fined $5,000 in Ontario Provincial Court after he pleaded guilty to a charge of trading in securities with knowledge of material…
Inco contributing shares to pensions
Subject to regulatory approval, Inco (TSE) says it will contribute almost 1.5 million newly issued common shares, valued at market, to certain of its North American defined benefit pension plans. The …
Alberta Stock Exchange (February 24, 1992)
Trading 345,000, Trump Reserve Minerals gained 3 cents to 98 cents as Hemlo Gold moved two drills on to the Quill Lake gold property in northwestern Ontario during the week ended Feb. 18. Trump and Go…
Insider Trading (February 24, 1992)
Roy Shipes, chairman of emerging U.S. copper producer Arimetco International (TSE), recently sold a big block of stock at a significant discount to the recent market price. According to the Ontario Se…
NEWS IN BRIEF (February 24, 1992)
Teriton Resources Ltd. (TRN:VSE) has changed its name to Mashiach Capital Inc. (MAS:VSE) with a consolidation of capital on a 1-new-for-4-old-share basis.