1993

TSE SHORT POSITIONS (October 11, 1993)

Semi-monthly reports as of Sept 15 showed 76,538,373 shares of 760 issues compared with 75,759,200 shares of 729 issues on Aug 31. Larger individual positions included: Aber 134,000; Agnico-Eagle 91,1…


Arimetco, Breakwater settle accounts

The recent settlement of all amounts owed to Arimetco International (TSE) by Breakwater Resources (TSE) will result in the cancellation of receivables totaling about $5 million. In return for cancelin…



Canmine drilling hits new zone

A zone of alteration with massive sulphide mineralization has been intersected on the Fer property in northern Manitoba, reports Canmine Resources (CDN). The new zone, termed the Prism, is on the Coll…


Viceroy, Mink plan work in Mali

Mink Mineral Resources (VSE) will soon begin a second phase of exploration on the Niaouleni gold concession in Mali. Viceroy Resources (TSE) is funding the work through an option to earn a 70% interes…


Fairfield Minerals sells ore to Asarco

Another gold sale was made by Fairfield Minerals (TSE) from test-mining activities at its Siwash North deposit near Merritt, B.C. The company sold 2,200 tons of high-grade ore to Asarco, to be process…


Canadian smelters succeed in clearing the air

There is one clear winner in the effort to cut mining-related sulphur dioxide emissions — the air itself over much of Canada. For example, between 1950 and 1972, sulphur dioxide emissions from the Su…



Steen to address CIM luncheon

Guest speaker at the Oct. 14 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum will be Peter Steen, president of Homestake Mining of San Francisco. Steen’s t…


Copper slump forces Arimetco to trim

Flagging copper prices have prompted Arimetco International (TSE) to cut costs. Staff at the Tucson office was reduced by 20%, company cars were eliminated and officers suffered salary cuts. Indeed, C…



FREE MARKET (October 04, 1993)

London Metal Exchange Spot closing prices in $US per tonne Date Sept. 28 Sept. 27 Sept. 24 Sept. 23 Sept. 22 Copper 1722-1723 1756-1757 1759-1760 1743-1744 1755-1757 Lead 364-365 364-365 366-367 358-3…


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