News


Maude reacquires interest in properties

Junior Maude Lake Gold Mines (CDN) is acquiring a 20% interest in properties near Matheson, Ont., previously optioned by Maude to Hecla Mining (NYSE) and Technigen. In return, Maude will issue more th…


Musto drilling

Australian base metal miner MIM and its partner International Musto Explorations (TSE) report that 8,000 metres of core drilling has begun on their Bajo de la Alumbrera porphyry gold-copper deposit in…



ODDS’N’SODS — Geco’s canoe-barge service

The Peterborough freight canoe served many purposes over the years and was a sturdy, adaptable craft used by mining operations throughout Canada. The Geco mine in Ontario was isolated in the early exp…


Tacaza drilling returns copper

Kookaburra Resources (TSE) is encouraged by initial results from drilling on the Tacaza copper project in southeastern Peru. The company received results from the first five holes of a 175-hole revers…


OBITUARY — Douglas MacIntyre

The town of Kirkland Lake, Ontario is mourning the death of a valued member of the community. Douglas MacIntyre, president of Alex MacIntyre and Associates Ltd., died at the age of 41 years as a resul…


PRODUCER PRICES (July 18, 1994)

ALUMINUM: MW U.S. market US69.5-70.5 cents per lb. (June 23, 1994). ANTIMONY: MW New York dealer US$1.90-2.25 per lb. (June 30, 1994). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993)…


Inco debenture offering grows

The size of a debenture offering (T.N.M., June 27/94) being made by Inco (TSE) in the U.S. has grown to US$172.5 million from US$150 million. Underwriter Morgan Stanley has exercised its option to buy…



METAL PRICES — FREE MARKET (July 18, 1994)

London Metal Exchange Spot closing prices in $US per tonne Date July 12 July 11 July 8 June 7 July 6 Copper 2431-2432 2426.5-2428.5 2448-2449 2377-2378 2460-2461 Lead 581.5-582.5 584.5-585.5 581-582 5…



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