METAL PRICES (June 29, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 23 June 22 June 19 June 18 June 17 Copper 1235-1236 1234-1235 1242-1243 1225-12…
News
U.S. REPORT (June 29, 1992)
Production at the Crofoot/Lewis heap leach mine in Nevada reached a new record for the month of May with 10,109 oz. gold and 58,708 oz. silver produced. Hycroft Resources (VSE), owner of the mine, rep…
MINER DETAILS (June 29, 1992)
Some people call J. Patrick Sheridan a genius. Others refer to him in more colorful terms. However you describe him, there’s no disputing he has done well for himself. The latest major deal for the “m…
PRODUCER PRICES (June 29, 1992)
ALUMINUM: MW U.S. market US60.25-60.75 cents per lb. (June 4, 1992). ANTIMONY: New York dealer US80-85 cents per lb. (May 21, 1992). BISMUTH: New York dealer US$2.40-2.65 per lb. (May 21, 1992). CADMI…
TSE SHORT POSITIONS (June 29, 1992)
Semi-monthly reports as of June 15, showed 25,063,844 shares of 606 issues compared with 25,236,666 shares of 587 issues on May 31. Larger individual positions included: Aber Res. 226,200, up 56,100; …
Sudbury Contact drilling for kimberlites on Panthco
Toronto-based Sudbury Contact Mines (CDN) is currently drilling on ground held by Panthco Resources (CDN) as part of an exploration drive to find more kimberlite pipes around Kirkland Lake, Ont. In or…
New Geddes CEO seeks dialogue
Geddes Resources (TSE) is changing its emphasis from exploration to public consultation in an effort to communicate more effectively with governments and opponents of its Windy Craggy copper project i…
Wharf deal frees up Golden Reward reserves
A settlement agreement allowing Wharf Resources (TSE) to purchase a 60% interest in the Golden Reward mine from MinVen Resources (TSE) will free up several million tons of reserves for further develop…
Kookaburra releases additional assays from Longshot Ridge
Additional assay results from drilling on the Longshot Ridge copper-oxide project were released by owners Kookaburra Gold (VSE). The property, near Hawthorne, Nev., hosts a large copper-oxide deposit,…
EDITORIAL PAGE (June 22, 1992)
The accepted wisdom is that all the easy finds in Canada have been made. Discoveries such as Hemlo a stone’s throw off the Trans-Canada Highway and Louvicourt in the shadow of Val d’Or’s existing head…
NEWS ROUNDUP (June 22, 1992)
Shareholders of Homestake Mining (NYSE) will be meeting July 15 to vote on a proposed plan to acquire International Corona (TSE) through a share exchange. Homestake recently received clearance from th…
Lack of new information hurts Lac de Gras players
Without any hard information to feed on, Toronto Stock Exchange issues involved in the Lac de Gras diamond play lost some momentum during the week ended June 16. Nervous investors have been told not t…