PRODUCER PRICES (June 29, 1992)
ALUMINUM: MW U.S. market US60.25-60.75 cents per lb. (June 4, 1992). ANTIMONY: New York dealer US80-85 cents per lb. (May 21, 1992). BISMUTH: New York dealer US$2.40-2.65 per lb. (May 21, 1992). CADMI…
News
TSE SHORT POSITIONS (June 29, 1992)
Semi-monthly reports as of June 15, showed 25,063,844 shares of 606 issues compared with 25,236,666 shares of 587 issues on May 31. Larger individual positions included: Aber Res. 226,200, up 56,100; …
Queenston builds gold assets but diversifies into copper,
Like most junior gold miners, Queenston Mining (TSE) is feeling the pinch of that metal’s low price and is now getting very much involved in copper. For years this company’s activities have centred ar…
Spirit Lake set to bulk sample Edwards project
Toronto-based junior Spirit Lake Explorations (ME) is set to spend $1.5 million to extract a 1,500-ton bulk sample from its Edwards gold property northwest of Wawa, Ont. With 100,000 tons of grade 0.5…
EDITORIAL PAGE (June 29, 1992)
After years of cutbacks in search of improved productivity, only the best of the best are left among the ranks of mining professionals — or at least that’s the optimistic view. Others say those left …
INSIDER TRADING (June 29, 1992)
Freewest Resources (TSE) director Robert Buttars profited recently by exercising stock options and then selling the shares at a substantial premium to the exercise price. According to the Ontario Secu…
PEOPLE (June 22, 1992)
Norm Bonin appointed director and president.
GOLD FUNDS (June 22, 1992)
BGR Central Net Value $8.07 $5.03 Price $6.38 $4.60 Discount 21.01% 8.50% Value $48,056,000 $77,391,780…
Summer pour at Hope Brook
The first gold pour by Royal Oak Mines (TSE) at the Hope Brook mine in Newfoundland is scheduled for early July, the company says. Output is scheduled to steadily increase through to November, at whic…
B.C. delays report on compensation, halts `freeze’ bill
Richard Schwindt will have until Aug. 21 to finalize a report on resource compensation commissioned earlier this year by British Columbia Attorney General Colin Gabelmann. “Schwindt’s commission has g…
Matachewan awaits verdict in tailings trial
Unable to afford a lawyer to defend himself or his company against charges related to an October, 1990, tailings spill in northeastern Ontario, Matachewan Consolidated Mines (TSE) President Richard Mc…
Bethlehem sees Goldstream progress
The Goldstream underground copper mine near Revelstoke, B.C., is expected to show improved results over the coming year. In operation since its reactivation in May, 1991, the mine produced 21.6 millio…