METAL PRICES (November 14, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Nov. 8 Nov. 7 Nov. 4 Nov. 3 Nov. 2 Copper 2707-2711 2710-2711 2734-2735 2754-2755 2712-2714 Lead 667-668 668.5-669.5 672.5-673.5 674.5-6…
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Spot prices at a glance (November 14, 1994)
Week’s Price (US) Change Gold* $384.35 + $0.50 Silver* $5.20 – $0.08 Platinum* $411.00 – $7.00 Nickel** $3.37 – $0.02 Lead** $0.30 $0.00 Copper $1.23 + $0.03 Zinc $0.52 + $0.02 Courtesy of Scotiabank….
TSE Short Positions (November 14, 1994)
Semi-monthly reports as of Oct 15, 1994 showed 257,344,810 shares of 878 issues compared with 240,252,804 shares of 835 issues on Sep 15, 1994. Larger individual positions included: Aber 132,740, up 3…
FACTS & FIGURES — Peru’s growing mining sector
The mining sector of Peru now represents 11% of the country’s gross national product and more than 40% of legal exports; directly and indirectly, it supports some 10% of the population. It is virtuall…
Correction (November 14, 1994)
The chief executive officer of Kinross Gold, Robert Buchan, will speak at the Thursday, Nov. 17, luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum. An incorr…
Orvana teams with MK Gold
Toronto-listed Orvana Minerals recently acquired a half interest in a gold-copper project in Kyrgyzstan. Orvana will spend US$500,000 exploring two concession areas, as will joint-venture partner MK G…
Greenstone in Honduras
Toronto-listed Greenstone Resources has opted to buy a 51% stake in the private Honduran company that controls the San Andres gold project in western Honduras. As consideration, Greenstone will issue …
CaribGold returns gold values
Drill results from four gold targets on the Santa Clara concession in central Cuba are providing encouragement for CaribGold Resources (TSE). The most significant intersection was encountered at Lote …
MacDonald drills Cuban gold bet
Drilling is under way on MacDonald Mines Exploration’s (CDN) Florencia Sector gold property near Camaguey, Cuba. Samples from several holes in the 2,500-metre, 15-hole program are already en route to …
Positive assays from Komis play
The first four drill holes have yielded positive assay results in a new program at Waddy Lake Resources’ (TSE) Komis gold deposit in northern Saskatchewan. Significant intersections include 0.36 oz. g…
Redell drills Yukon property
Vancouver-based junior Redell Mining (VSE) is pleased with results of a summer drill program on the Mt. Freegold property, 30 miles northwest of Carmacks, Y.T. The program tested the potential of the …
Non-ferrous metal industry set for major turnaround
A study indicates that times can only get better for the non-ferrous metal industry. Resource Strategies Inc. (RSI) of Pennsylvania, in association with Metals and Minerals Research Services of the Un…