PRODUCER PRICES (July 10, 1995)
ALUMINUM: MW U.S. market US83.75-84.75 cents per lb. (June 16, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995)….
News
Index (July 10, 1995)
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METAL PRICES — FREE MARKET (July 10, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateJuly 4 July 3June 30 June 29 June 28Copper3090-3091 3090-30953076-30813035-30373022-3027Lead 623-624 620-621 619-620 611-612 6…
Leadville sells sulphide ores to Asarco
Leadville Mining & Milling (NASDAQ) will sell to Asarco (NYSE) sulphide ores produced from its Hopemore mine in Colorado.The polymetallic ores will be shipped to Asarco’s nearby Black Cloud mill at th…
INSIDER TRAIDING — Cons. Ramrod execs acquire shares
Three directors and senior officers of Consolidated Ramrod Gold acquired shares in April.According to the Ontario Securities Commission’s OSC Bulletin, Robert Hunziker, senior officer, exercised optio…
Mining executive criticizes Venezuela’s gold sales policy
Venezuela’s mining law was publicly criticized in both Spanish and English by Raymundo Chico, president of Denver-based Amada Mineral Corp., during a recent trade symposium in Denver, Colo.Chico, an A…
GREATEST VALUE TRADED, JUNE 28-JULY 4
Value Exchange ($000s)HighLowCloseChange Barrick Gold T45316$35 1/234 1/235 – 1/2Inco Ltd T41017$39 1/237 3/439 3/8+1 1/8Placer Dome T39993$36 3/435 1/235 7/8-1Diamond Flds T…
Western Garnet looks toward India
With an eye to expanding globally, industrial minerals producer Western Garnet (TSE) has completed a review of two Indian deposits which contain industrial-grade almandine garnet.The names of the depo…
X-Cal plans drilling in Nevada
Drilling is expected to get under way in the near future at the Sleeper Extension gold project in Nevada.X-Cal Resources (TSE) will begin a 3,000-to-5,000-ft. drilling program once the necessary acces…
Companies (July 10, 1995)
INDEXAberAboAddingtonAdrianAgnico-EglAsarcoAshton CanAthabaskaBaja GoldCamecoCampbellCastl RockCliffComincoCons RamrodContl PacifcCornucopiaCyprus AmxDayton MngDiamnd FldEastonEldorado…
Drilling at Santa Gertrudis intersects gold in eight zones
The first phase of drilling at the Santa Gertrudis mine property in northern Mexico has confirmed the presence of gold mineralization in eight of the 10 zones tested.Campbell Resources (TSE) drilled 6…
INVESTMENT COMMENARY — Voisey Bay seen as tip of nickel iceberg
The Voisey Bay nickel-copper discovery in Labrador has already vaulted Diamond Fields Resources (TSE) into the big league, and Yorkton Securities believes the huge deposit represents only “a tiny tip …