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Toronto Stock Exchange Indices (February 08, 1993)

Feb.2 Feb.1 Jan.29 Jan.28 Jan.27 High Low Composite”300″3321.83 3310.92 3305.47 3307.92 3311.64 4009.47 3009.91 Metals&Minerals 2774.96 2765.51 2773.54 2782.42 2806.21 3453.06 2502.63 Integrated Mines…


Spot prices at a glance (February 08, 1993)

Week’s Price (US) Change Gold* $329.60 – $1.00 Silver* $ 3.67 – $0.01 Platinum* $359.60 – $3.90 Nickel** $ 2.62 – $0.01 Lead** $ 0.19 $0.00 Copper $ 1.01 – $0.01 Zinc $ 0.50 + $0.02 Courtesy of Scotia…


METALS MARKETS — High metal inventories a concern

The recession and the subsequent rise in metal inventories continue to generate misery and further announcements of cutbacks in the mining industry. Metal consumption is down almost everywhere to some…



Eden Roc aims for higher output

Annual gold production of 100,000 oz. within three years is projected by Eden Roc Mineral (TSE). Chairman Harry Quint made the prediction at an analysts meeting in New York City. He said Eden Roc, wit…


Sutton drilling returns nickel

Drilling on the Kabanga nickel project in northwestern Tanzania returned a number of wide intersections for owner Sutton Resources (VSE). The drilling included a 16.09-metre intersection in one of the…



Cambior boosts gold output (February 08, 1993)

Gold production in 1992 increased by 13% to 354,240 oz., Cambior (TSE) reports. Higher output at the Mouska and Silidor mines in northwestern Quebec and at the Valdez Creek placer project in Alaska wa…


Davy awarded Cayeli contract

A contract for monitoring and contract compliance services at the Cayeli Bakir Isletmeleri AS copper-zinc project in Turkey has been awarded to the Toronto office of Davy International. An engineering…


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