1992

Tri Origin finds new mineralization at Lewis Ponds

Tri Origin Exploration (TSE) has released the first results from its Lewis Ponds base metal project in Australia. Hoping to find a polymetallic massive sulphide deposit, Tri Origin is completing a 5-h…



METAL PRICES (June 01, 1992)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 26 May 25 May 22 May 21 May 20 Copper 1221-1222 N/A 1231-1232 1225-1226 1218-121…


INSIDER TRADING (June 01, 1992)

SouthernEra Resources (TSE) director Lee Barker is poised to benefit from any new developments in the Lac de Gras diamond hunt after picking up 100,000 shares of the Northwest Territories explorer. Ac…


PRODUCER PRICES (June 01, 1992)

ALUMINUM: MW U.S. market US59.50-60.50 cents per lb. (May 14, 1992). ANTIMONY: New York dealer US78-83 cents per lb. (May 14, 1992). BISMUTH: New York dealer US$2.45-2.70 per lb. (May 14, 1992). CADMI…


Royal Oak takes tough stand on Giant strike

Recently Royal Oak Mines (TSE) mobilized a team of contract miners to replace striking workers at its Giant mine near Yellowknife, N.W.T. — an unusual move in the industry. As might be expected, the …


Golden Band options Farley

A recently signed option deal with Mingold Resources gives Golden Band Resources (VSE) the right to acquire Mingold’s 44.83% interest in the Farley Lake gold property east of Lynn Lake, Man. The proje…


Equity resumes work at Louis Lake

Drilling is expected to resume shortly at the Louis Lake copper-gold porphyry project, 35 km northwest of Smithers, B.C. Equity Silver Mines (TSE) is earning a 70% interest in the project from owner N…


U.S. REPORT (June 01, 1992)

Reserves at the Imperial County project in southeastern California received a significant boost upon completion of a preliminary feasibility study on the Indian Rose and Ocotillo deposits. The project…


Experts compare Dia Met with South African mines

Without waiting for a detailed examination of diamonds found by Dia Met Minerals (VSE) and BHP-Utah Mines on their Lac de Gras property, analysts are already comparing the grades with gem stones mined…


U.S. REOPORT

Startup operations are expected to begin soon aimed at bringing the Formosa-Silver Butte zinc-copper mine near Riddle, Ore., back into full production this summer. Operator Formosa Resources (VSE) bro…



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