News

Dia Met expands diamond exploration hunt to Alberta

Western markets continued a slow slide during the week ended Oct. 20, with the Vancouver Stock Exchange composite index slipping 5.45 points to close at 551.65 and the resource index finishing down 7….


Toronto Stock Exchange Indices (October 26, 1992)

Oct.20 Oct.19 Oct.16 Oct.15 Oct.14 High Low Composite”300″3241.84 3225.48 3207.70 3196.14 3195.39 4009.47 3009.91 Metals&Minerals 2630.44 2643.05 2641.53 2603.82 2608.64 3453.06 2502.63 Integrated Min…


TSE Short Positions (October 26, 1992)

Semi-monthly reports as of October 15, showed 32,416,745 shares of 572 issues compared with 28,399,927 shares of 560 issues on September 30. Larger individual positions included: Aber Res. 58,600; Ame…


Spot prices at a glance (October 26, 1992)

Week’s Price (US) Change Gold* $343.50 + $0.20 Silver* $ 3.81 + $0.10 Platinum* $357.25 + $2.25 Nickel** $ 2.75 – $0.09 Lead** $ 0.24 – $0.01 Copper $ 1.03 + $0.01 Zinc $ 0.51 – $0.03 Courtesy of Scot…



NEWS ROUNDUP — Soquem options Gaspe prospect

An option agreement covering 41 claims in Quebec’s Gaspe Peninsula, about 40 km northwest of Murdochville, has been signed by Soquem with three prospectors. Soquem, the mining exploration arm of the Q…



NEWS ROUNDUP — Placer gets $37,000 Hydro rebate

Ontario Hydro recently presented Donald Brisbois, manager of Placer Dome’s (TSE) Dona Lake mine, an incentive cheque for over $37,000. Under a Savings by Design Program offered by Hydro, the Dona Lake…


General Mining buys Cheni stake

Mining giant General Mining, Metals and Minerals recently agreed to purchase 3.2 million shares of Cheni Gold Mines (TSE) held by BRGM (Bureau de Recherches Geologiques et Minieres) of France. The pur…


NEWS IN BRIEF (October 26, 1992)

Pacific Unicorn Resources Ltd. (PUC:VSE) has changed it name to Biopac Industries Inc., with a consolidation of capital on a 1-new-for-6-old-share basis. The transfer agent is R-M Trust.


Metal Prices — FREE MARKET (October 26, 1992)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct. 20 Oct. 19 Oct. 16 Oct. 15 Oct. 14 Copper 1387-1388 1365-1367 1351-1352 1322-13…


Drilling continues at Fer property

Two holes have been completed on Canmine Resources’ (CDN) Fer property near Flin Flon, Man. The vertical holes, spaced 50 metres apart, intersected a massive sulphide zone at a depth of about 25 metre…


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