Mexican potential attracts Europeans
Of the three countries that constitute the proposed North American Free Trade Agreement (NAFTA), Mexico has the best potential for European investment, according to the third Europe Business Monitor s…
News
METAL PRICES — FREE MARKET (November 22, 1993)
London Metal Exchange Spot closing prices in $US per tonne Date Nov. 16 Nov. 15 Nov. 12 Nov. 11 Nov. 10 Copper 1618-1619 1638-1639 1643-1644 1643-1644 1651-1652 Lead 399-400 400-401 396-397 396-397 39…
Canuc completes new rights offering
A rights offering has netted Canuc Resources (CDN) about $510,000. The capital infusion will, once again, enable Canuc to explore for minerals. The company is currently evaluating two gold properties …
Argentina seeking increase in new foreign investment
Argentina’s finance minister, Domingo Cavallo, has urged foreign companies to increase investment in his country, especially the transport, energy and communications industries. At a Multisectoral Inv…
Nuclear industry shows multiple returns to taxpayers
The $4.7 billion that Canadian taxpayers have put into the nuclear industry during the past 40 years has been returned many times over, says a report sponsored by Atomic Energy of Canada and undertake…
Nebex drilling Northbelt gold bet
One drill has started turning on the Northbelt gold property, immediately north of the Giant mine of Royal Oak Mines (TSE) in Yellowknife, N.W.T. Calgary-based Nebex Resources (ASE) is financing 15,00…
LAST BUT NOT LEAST…Glen Auden completes IP in Quebec
Glen Auden Resource (CDN) has completed an induced polarization (IP) survey on its claim group in Casa Berardi Twp., Que. The survey outlined an IP anomaly with a strike length of 400 metres and furth…
PEOPLE — TAURUS EXPLORATIONS
Stuart Rogers appointed director. N5…
Sudbury plans mining monument
The Mining Heritage Committee of Sudbury, Ont., is looking for help in the design of a monument to celebrate the region’s spirit of mining. Residents of the community have been invited to submit a con…
PEOPLE — DENTONIA RESOURCES (November 22, 1993)
James McInnes appointed director. N5…
ODDS’N’SODS — Pilot navigates safe flight home after making
Leigh Britnell was a pilot for Western Canada Airways at Sioux Lookout, Ont. He flew a new Fairchild Aircraft G-CAIE. One late October day in 1927, he loaded it with supplies for the Jackson Manion go…
Production shutdowns cost Inco
At a meeting with financial analysts in Toronto, nickel miner Inco (TSE) revealed that recently announced production shutdowns are expected to cost the company US$80 million. The shutdowns at the comp…