TSE INDICES (November 16, 1992)
Nov. 10 Nov. 9 Nov. 6 Nov. 5 Nov. 4 High Low Composite”300″3277.20 3293.76 3299.77 3339.76 3344.80 4009.47 3009.91 Metals&Minerals 2658.59 2684.85 2702.84 2727.68 2742.64 3453.06 2502.63 Integrated Mi…
News
METALS PRICES — FREE MARKET (November 16, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov. 10 Nov. 9 Nov. 6 Nov. 5 Nov. 4 Copper 1406-1408 1384-1385 1397-1398 1431-1432 1…
Adonos, Bellex negotiate merger
Juniors Adonos Resources (TSE) and Bellex Mining (VSE) have agreed conditionally to an amalgamation of the companies, subject to shareholder and regulatory approval. The name of the amalgamated compan…
NEWS ROUNDUP — St Andrew fined over spill
The Ontario provincial court has ordered St Andrew Goldfields (TSE) to pay a $16,000 fine in connection with a spring spill at the company’s Stock Twp. gold mine near Timmins, Ont. The court also rule…
EDITORIAL PAGE — Worrying trade war
Just when you thought it was safe to venture outside, another “war” rears its ugly head on the world stage. In this case, it is a trade war encompassing superpowers and Third World nations alike. As t…
NEWS ROUNDUP — Beaufield acquires 117 claims
Toronto-based Beaufield Consolidated Resources (VSE) has acquired a 75% interest in three properties near the Freewest Resources (ME) gold discovery in Benoit Twp., Que. Beaufield acquired the three c…
BOOKS IN REVIEW — All about silver
The International Silver Trade, by Tom Mohide. Published by Woodhead Publishing Ltd. Available at the Silver Institute, 1112 16th St. NW, Suite 240, Washington, D.C. 20036. 190 pages. US$135. Author T…
PEOPLE — EAST-WEST RESOURCES
Robert Middleton appointed president and director; James Tutton appointed director.
STOCK MARKETS — Metal prices in decline, Dia Met trades on
Gold stocks were unable to maintain their post-election rally during the week ended Nov. 10 as bullion slid to a 6-year low of US$330.25 per oz. in New York. Having recently touched a new 52-week high…
COMMENTARY — Split over new Ontario labor law
Changes to Ontario’s Labour Relations Act reflect the realities of the workplace and the economy, Labour Minister Bob Mackenzie said after the controversial legislation received final approval recentl…
PEOPLE — COLBY RESOURCES
Robert Middleton appointed president and director; Roger Caven and Gerry Runolfson appointed directors.
KWG, SouthernEra update diamond strategies
Representatives of KWG Resources (ME) and SouthernEra Resources (TSE) outlined their companies’ different diamond exploration strategies at a recent meeting of the Toronto Society of Financial Analyst…