TORONTO STOCK EXCHANGE INDICES (March 29, 1993)
Mar.23 Mar.22 Mar.19 Mar.18 Mar.17 High Low Composite”300″3598.73 3583.74 3576.99 3559.29 3540.99 4009.47 3009.91 Metals&Minerals 2958.58 2966.92 2906.74 2898.06 2879.69 3453.06 2502.63 Integrated Min…
News
Lac de Gras diamond venture no pipe dream
The pace of exploration may seem deliberate, yet every day, slowly but surely, BHP Minerals Canada and Dia Met Minerals (TSE) are one step closer to a production decision. The goal, Canada’s first dia…
MSV, workers in tune at Chibougamau operation
The Copper Rand and Portage mines here were officially opened recently under the ownership of MSV Resources (ME) at a ceremony attended by business and government representatives. “This is a big day f…
NEWS IN BRIEF (March 29, 1993)
Vortex Energy & Minerals (VSE) has filed a preliminary prospectus for an offering of 1.5 million units worth 30 cents per unit. Each unit consists of one share and one warrant to buy one share exercis…
McKnight visits the United Kingdom
Federal Mines Minister William McKnight recently visited the United Kingdom to attract international investors to Canada. Activities included meeting chief executives from energy and mining companies …
`Corridor’ yields two more pipes
The discovery of two new kimberlite pipes in the Northwest Territories lends credence to the theory that a major north-northwesterly trend dubbed the “corridor of hope” is associated with kimberlitic …
PRODUCER PRICES (March 29, 1993)
ALUMINUM: MW U.S. market US53-54 cents per lb. (Mar. 11, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CA…
METAL PRICES — FREE MARKET (March 29, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 23 Mar. 22 Mar. 19 Mar. 18 Mar. 17 Copper 1467-1468 1463-1464 1459-1460 1479-14…
LATIN AMERICA — Comprehensive support program for mining,
Mexico’s mining and metallurgical sector has been a major source of foreign exchange through trade. In recent years, Mexico has ranked among the top five countries in production of 12 minerals — main…
INSIDER TRADING — Crown insider buys shares at 52-week low
Shares of Crown Resources (TSE) have slid steadily downhill since late last year, when the junior announced plans to withdraw from the Kettle River gold operation in northeastern Washington. In mid-Fe…
Fort a la Corne speculation boosts stock prices
Speculation over results from diamond exploration programs in northern Saskatchewan has boosted the shares of several juniors active in the province. The flagship of the junior play, Rhonda Mining (AS…
Atlantic rocks
Newfoundland, Nova Scotia and New Brunswick have joined forces to present an Atlantic Canada Rock Room at the annual convention of the Prospectors and Developers Association of Canada, this week in To…