Metal Prices — FREE MARKET (August 28, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDate August 22 August 21 August 18 August 17 August 16Copper 3078-3080 3092-3095 3117-3120 3143-3151 3070-3072Lead 621.5-623.5 627.5-628.5…
1995
Union situation uncertain at Faro
Employees at the Faro mine in the Yukon are currently not members of a union, although the United Steel Workers of America has petitioned the Canada Labour Relation Board to review its jurisdiction ov…
Spot prices at a glance (August 28, 1995)
Wednesday, August 23Price (US)Week’s ChangeGold*$383.45-$0.65Silver*$5.56+$0.20Platinum*$428.00+$7.30Nickel**$4.13+$0.04Lead**$0.28$0.00Copper$1.39$0.00Zinc$0.46 $0.00Co…
Meetings (August 28, 1995)
MEETINGS Sept 5, ClaimstakerSept 5, Lima GoldSept 5, TranspacificSept 6, AGC Americas GoldSept 6, Blue RangeSept 6, GossanSept 6, SpartonSept 7, GroundstarSept 7, Huronian MinesSept 7, LevonSept 7, Lu…
Etruscan finances Nigerien project
Two private investors have purchased $1.5 million, and Echo Bay Mines (TSE) has purchased $2.7 million in common shares and warrants, in Etruscan Enterprises (VSE).The placement enables Etruscan to co…
Photo contest focuses on Canadian mining
A milling electrician has been awarded top prize in the Keep Mining in Canada photo contest.The winner, Peter Massi, mill/electrical superintendent at Barrick Gold’s Golden Patricia mine near Dryden, …
Argentine government agency woos Canadian mining companies
Mining companies may be familiar with the competitive nature of business, yet many governments are not. However, this would appear to be changing, as an increasing number of countries are now competin…
Eastmain steps up drilling at Reservoir
Drilling is in progress at the Reservoir gold property in the Eastmain River greenstone belt in Quebec.Property owner Eastmain Resources (CDN) has announced that drilling to the end of July had indica…
Homestake targets Aussie subsidiary
In a stock swap valued at about US$162 million, Homestake Mining (NYSE) plans to assume sole ownership of its Australian subsidiary.The company will exchange 9.8 million shares of its common stock for…
Black Hawk pulls more gold at Hoyle Twp.
The second phase of drilling at the Hoyle Twp. project, 15 km east of Timmins, Ont., continues. Operator Black Hawk Mining (TSE) reports 1,734 metres of drilling is now complete in six holes.The new h…
Getchell and Teck drilling Rainbow
Drills are turning again on the Rainbow joint venture near Kamloops, B.C.Partners Getchell Resources (VSE) and Teck (TSE), which own 30% and 70%, respectively, are carrying out this second phase of wo…
JAG produces gold from Belleterre
Persistence has paid off for one junior exploration company in western Quebec. Initial development of the Aubelle deposit by JAG Mines (ME) has yielded 1,300 tonnes of development ore.After processing…