Swedish mine closes after a millennium
After a millennium of continuous operation, the Falun copper mine in central Sweden has finally run out of ore. Cleanup operations at the mine began in December and are expected to continue through th…
News
McKnight heads for Cordillera
William McKnight will replace Jake Epp as a speaker at the Mineral Economics Symposium sponsored by the Canadian Institute of Mining, Metallurgy and Petroleum to be held here Jan. 25. McKnight replace…
Photo by Hillsborough Resources Underground look
Examining ore at the Sa Dena Hes lead-zinc mine of Hillsborough Resources and Curragh Inc. in the Yukon are Ken Atkins (left), a geologist, and Calvin Cornish, a mining engineer.
Skyline plans work programs in Iskut area
Gold prices may be testing new lows, but Skyline Gold (TSE) is forging ahead with plans to resume exploration on its land package in the Iskut River district of northwestern British Columbia. The juni…
TSE Short Positions (January 18, 1993)
Semi-monthly reports as of Dec. 31, showed 36,526,778 shares of 601 issues compared with 34,511,097 shares of 582 issues on Dec. 15. Larger individual positions included: Amer. Barrick 156,509, up 55,…
Gold Funds (January 18, 1993)
BGR Central Net Value $7.87 $5.08 Price $6.00 $4.45 Discount 23.80% 12.4% Value $44,717,000 $74,868,135.
USMX negotiates mine purchase
Denver-based USMX (NASDAQ) is close to completing the purchase of the Goldstrike mine near St. George, Utah, from owner Tenneco Minerals. James Knox, president of USMX, said negotiations are at an adv…
Carlin Gold expands Oregon land holdings
Joint venture negotiations are continuing between Carlin Gold (ASE) and an undisclosed major mining company relating to Carlin’s gold properties in eastern Oregon. Carlin recently acquired claims that…
Eastern Stone options Kenora property
Toronto-based junior Eastern Stone Products (ASE) has acquired 100% of a private Ontario company that has the right to earn a 50% interest in Kenora Prospectors & Miners’ (CDN) Shoal Lake gold deposit…
EDITORIAL PAGE — Power for all
Among the “hot” issues of the day is electricity. What will be the source of future production? Will it be affordable? What about any harmful effects to the environment? Perhaps the only question not …
Minnova arranges smelter contract for Winston Lake
Canadian Electrolytic Zinc (CEZ), a division of Noranda (TSE), has agreed to purchase the zinc concentrate production from Minnova’s (TSE) Winston Lake mine for the first six months of 1993 to a maxim…
Metal Prices — FREE MARKET (January 18, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan. 12 Jan. 11 Jan. 8 Jan. 7 Jan. 6 Copper 1412-1413 1492-1493 1538-1539 1530-1531 …