News

Index (June 05, 1995)

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Meetings (June 05, 1995)

MEETINGSJune 12, AG Armeno Mines — annual, generalJune 12, Arauco — annualJune 12, Fort Point — general, extraordinaryJune 12, Golden Dividend — annual, generalJune 12, June — annual, generalJune…


Drilling cuts ore grade intersections at Red Lake

Surface and underground drilling at Goldcorp’s (TSE) Red Lake mine continues to intersect ore-grade mineralization, suggesting continuity of the hosting structures and mineralization.In addition, unde…


Sonoran property shows promise

Positive drilling results from the Piedras Verdes copper property in Sonora, Mexico, have provoked the renewed interest of Jonpol Explorations (TSE), a member of the syndicate that owns the property.J…


Orvana drilling El Tigre prospect

Eight drill holes are planned to test the potential of the El Tigre gold property in Sonora, Mexico. Orvana Minerals (TSE) has initiated the 1,200-metre drill program in order to check out a large, si…


Hudson Bay Mining wins rescue competition

Mine rescue personnel from the Flin Flon division of Hudson Bay Mining & Smelting have won the 1995 Manitoba mine rescue competition. The Thompson mine rescue team, representing Inco, was runner-up.Fi…


Spot prices at a glance (June 05, 1995)

Wednesday, May 31Week’sPrice (US)ChangeGold*$384.25+$1.35Silver*$5.30-$0.10Platinum*$434.10+$2.35Nickel**$3.41-$0.02Lead**$0.28$0.00Copper $1.29$0.00Zinca{$0.46-$0.01C…



EDITORIAL PAGE — Rivalry in the Big League

The world’s largest mining companies are continuing to hold their place in the sun despite some intense competition from ambitious companies anxious to make it into the Big League.Granted, increased g…


PRODUCER PRICES (June 05, 1995)

ALUMINUM: MW U.S. market US84-85 cents per lb. (May 12, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995).CADMIUM…


METAL PRICES — FREE MARKET (June 05, 1995)

London Metal ExchangeSpot closing prices in $US per tonneDateMay 30 May 29May 26May 25May 24Copper2853-2854N/A2843-28442862-28642823-2824Lead606.5-607N/A605-605605.5-607.5606.5-607.5…


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