Spot prices at a glance (January 20, 1992)
Week’s Price (US) Change Gold* $355.60 + $5.30 Silver* $ 4.14 + $0.19 Platinum* $337.40 + $1.90 Nickel** $ 3.31 $0.00 Lead** $ 0.23 – $0.01 Copper $ 0.95 $0.00 Zinc $ 0.52 + $0.01 Courtesy of Scotiaba…
Articles by Northern Miner Staff
FUTURES PRICES (January 20, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 94.35 93.70 94.10 – 0.35 Feb 94.45 94.45 94.30 – 0.55 Mar 95.30 94.40 94.70 – 0.45 SILVER (in US cents per oz…
Environment, consolidation top mining industry issues
Mining companies will be setting aside a much larger portion of their budgets to cover reclamation costs and environment-related matters, according to a survey by Toronto accounting firm Peat Marwick …
Toronto Stock Exchange (January 20, 1992)
Vancouver resource giants Cominco and Teck teamed up with Aur Resources during the week ended Jan. 14 to provide financing for the $326-million copper-zinc project at Louvicourt Twp., Que. The agreeme…
TORONTO STOCK EXCHANGE INDICES (January 20, 1992)
Jan 14 Jan 13 Jan 10 Jan 9 Jan 8 High Low Composite 300 3634.98 3594.39 3593.39 3580.60 3515.64 4009.47 3009.91 Metals & Minerals3039.41 2972.56 2975.04 2998.40 2939.33 3453.06 2502.63 Integrated Mine…
Platinum hit by GM cutbacks
Platinum tumbled on the New York Mercantile Exchange in late 1991 after General Motors announced that it intends to shut down 21 of its North American automotive plants. Expectations that the GM closu…
GOLD FUNDS (January 13, 1992)
BGR Central Net Value $8.32 $4.91 Price $7.63 $4.350 Discount 8.36% 11.4 Value $49,545,000 $73,185,705…
Symposium date
A mining symposium dealing with narrow vein mining (T.N.M., Dec. 30) at Val d’Or, Que., has been changed to Feb. 25 from Feb. 20. Focus will be a project sponsored by the Quebec Mining Association, wi…
TSE STOCK EXCHANGE INDICES (January 13, 1992)
Jan 7 Jan 6 Jan 3 Jan 2 Jan 1 Dec 31 High Low Composite 300 3512.92 3524.77 3517.47 3493.66 HOL. 3512.36 4009.47 3009.91 Metals & Minerals2937.61 2943.65 2982.27 2935.22 HOL. 2954.99 3453.06 2502.63 I…
Toronto Stock Exchange (January 13, 1992)
The recent trend toward lower interest rates sent New York’s Dow Jones Industrial Average of blue chip stocks to record heights during the week ended Jan. 7 as investors jockeyed to get in on the rall…
Cameco exploration focus on gold, uranium
Uranium producer Cameco (TSE) plans to match last year’s exploration budget of $10-12 million in 1992, according to The Source, Cameco’s employee newsletter. While most of the money will be spent in N…
Cal Graphite shares
Cal Graphite (VSE), owner of a graphite project north of Huntsville, Ont., said it has agreed to sell 1.1 million common shares to Lindner Fund, an investment company based in St. Louis, Mo. The selli…