METAL PRICES — FREE MARKET (July 20, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds ster ling per tonne) Date July 14 July 13 July 10 July 9 July 8 Copper 1310-1311 1301-1302 1294-1295 1332-133…
News
Royal Oak financing raises $12 million
Gross proceeds of $12 million were reported by Royal Oak Mines (TSE) from the recent sale of 7.27 million special warrants at $1.65 each. The special warrants were sold by First Marathon and ScotiaMcL…
Miramar pulls high-grade intersection
Recent drilling on the Golden Eagle property, formerly known as the Flowery mine, returned a 60-ft. intersection from 110 ft. to 170 ft., grading an average of 1.08 oz. gold per ton. The Golden Eagle …
Fluor, Davy McKee awarded contract by Kennecott
A contract to provide engineering, procurement and construction management for the Utah copper smelter modernization project of Kennecott was awarded to Fluor Daniel Inc. and Davy McKee Corp. The cont…
Swansea arranges bulk testing
An agreement covering the additional bulk testing of 35,000 tonnes from the Montana Ruby Creel alluvial gold deposit in Montana has been signed with a state-based contractor, Swansea Gold Mines (CDN) …
Curragh charged with Faro violations
Base metal producer Curragh (TSE) is facing charges under the Occupational Health and Safety Act after officials from the Yukon Workers’ Compensation Board paid a routine visit to the company’s Faro z…
Forum to focus on the environment
It’s a mouthful — The Second International Conference on Environmental Is sues and Management of Waste in Energy and Mineral Production — but with the heightened concerns over acid mine generation, …
Spot prices at a glance (July 20, 1992)
Week’s Price (US) Change Gold* $350.95 + $3.25 Silver* $ 3.95 + $0.04 Platinum* $389.50 + $4.75 Nickel** $ 3.36 – $0.10 Lead** $ 0.27 – $0.01 Copper $ 1.16 + $0.02 Zinc $ 0.59 $0.00 Courtesy of Scotia…
Biron Bay stakes north of Summit
Toronto-based Biron Bay Resources (ASE) has staked claims covering 8,000 ft. of strike length immediately north of its Summit project in Grant County, N.M., says President Leonard Taylor. Encouraged b…
Etruscan acquires Tyro project
A Nova Scotia-based junior recently exercised an option to acquire the Tyro property in Mohave Cty., Ariz., a gold project containing preliminary reserves of 1 million tons averaging 0.12 oz. gold and…
PEOPLE — POLESTAR EXPLORATION
Alistair McLennan appointed president.
PEOPLE — PACIFIC SUN (July 20, 1992)
Suzanne Wood appointed director/secretary.