Curragh plans strip coal mine in Nova Scotia
Environmental approval is all that is needed for Curragh (TSE) to open a strip coal mine at Stellarton, N.S. The project is three kilometres from the Westray mine where an explosion in May killed 26 m…
News
Hughes Lang makes new offer for control of Nova-Cogesco
Less than two weeks after Vancouver-based Hughes Lang (VSE) withdrew a bid for control of Nova-Cogesco Resources (ME), the Vancouver company has come up with a second offer. Under the latest proposal,…
OTHERS’ WORDS
No development better symbolizes the new attitude in Latin America than the attack on bloated public sector enterprises. These protected activities had locked the economies of the region into hopeless…
European central banks value gold as an `anchor’
The Swiss National Bank does not plan to sell any gold, said Jean Zwahlen, member of its governing board, recently. He was speaking to members of the World Gold Council at a dinner in Montreux, Switze…
RTZ acquires talc operations of Cyprus Min.
The talc business of Cyprus Minerals (NYSE) has been purchased by RTZ (NYSE) of London. The Cyprus talc mines are primarily in the U.S. The deal also includes talc processing plants in the U.S., Spain…
China may allow foreign investment
The vice-director of China’s state gold administration was quoted recently in the China Daily newspaper as saying that foreign investment may be allowed inside the country in part to modernize some mi…
Lac subsidiary awarded $2.6 m
A Spanish court has awarded $2.6 million to Lac Minerals’ (TSE) 48% owned affiliate Mount Wright Iron Mines (CDN), as compensation for royalties earned from the Rubiales lead-zinc mine from July, 1977…
Franco-Nevada issue benefits from gold rally
Taking its cue from a robust gold price rally and some brisk trading in precious metals issues, Franco-Nevada Mining shot to an all-time high of $30.50 on The Toronto Stock Exchange, during the past w…
Brush Creek tour
Two members of the advisory board of Brush Creek Mining and Development (NASDAQ), David Trueman and Peter Le Couteur, will make a field trip at the end of July to northern Russia to evaluate rare meta…
TORONTO STOCK EXCHANGE INDICES (July 27, 1992)
July 21 July 20 July 17 July 16 July 15 High Low Composite”300″3425.21 3452.56 3463.00 3475.58 3472.03 4009.47 3009.91 Metals&Minerals 3140.34 3159.61 3179.92 3199.15 3179.92 3453.06 2502.63 Integrate…
High-grade northern assays spark interest in San Andreas
The Northwest Territories once again dominated investor interest on western markets, although this time it wasn’t diamonds and gold generating all the excitement. San Andreas Resources reported some h…
PRODUCER PRICES (July 27, 1992)
ALUMINUM: MW U.S. market US59.75-60.75 cents per lb. (Jul. 9, 1992). ANTIMONY: New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CAD…