News

NEWS ROUNDUP — Cross Lake drills massive sulphides

Four holes have been drilled by Cross Lake Minerals (VSE) on its Sheraton-Timmins polymetallic project near Timmins, Ont. The first two were drilled to test a 1,200-metre-long electromagnetic (EM) con…


COMMENTARY — Cuba chases foreign investment

The demise of the Soviet Union has ironically left Cuba — romantically known as “the isle of eternal summer” — out in the cold. As a result, the country’s mining and metals sector is now desperately…



Royal Oak overcomes technical problems

Third-quarter earnings of Royal Oak Mines (TSE) reflect problems at the company’s three Canadian gold mines, particularly the Hope Brook operation in Newfoundland. The company said both tonnage and gr…


NEWS ROUNDUP — Cathedral assays Kaburi project

Assays of channel samples from Cathedral Gold’s (VSE) Kaburi-Eldorado project in Guyana have proved interesting. Ten trenches were used to test a 650-metre section of the 1,500-metre-long Hicks shear …


METAL PRICES — FREE MARKET (November 29, 1993)

London Metal Exchange Spot closing prices in $US per tonne Date Nov. 23 Nov. 22 Nov. 19 Nov. 18 Nov. 17 Copper 1645-1646 1643-1644 1627-1628 1619-1620 1613-1614 Lead 402-403 400-401 400-401 397-398 39…


Spot prices at a glance (November 29, 1993)

Week’s Price (US) Change Gold* $376.10 + $2.40 Silver* $ 4.65 + $0.10 Platinum* $372.65 – $3.10 Nickel** $ 2.12 + $0.04 Lead** $ 0.18 $0.00 Copper $ 0.74 + $0.01 Zinc $ 0.42 $0.00 Courtesy of Scotiaba…


Gold Funds (November 29, 1993)

Gold Funds as of Nov. 23 BGR Central Net Value $15.02 $6.16 Price $13.88 $6.625 Premium 7.5% Discount 7.64% Value $84,154,000 $119,907,863…


Financing (November 29, 1993)

Callisto Res. — 1,600,000 shs @ 10 cents. Dalton Res. — 2,000,000 shs @ 10 cents. Early Res. — 1,500,000 shs @ 10 cents. Euro-Nevada Mining — 1,100,000 units consisting of sh and purchase wt @ $38…





By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close