FUTURES PRICES (March 30, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 101.70 101.10 101.50 – 0.50 May 101.70 100.85 101.40 – 0.50 Jul 101.25 100.50 101.00 …. SILVER (in US cents…
News
Laurentian database
The mining environment database developed by the Laurentian University Library provides more than 4,000 references to journal articles, books and government reports on abandoned mines and land reclama…
BOOKS IN REVIEW (March 30, 1992)
Timmins: The Porcupine Country, by Michael Barnes. Published by The Boston Mills Press. 132 Main St. Erin, Ont. N0B 1T0. $35 (hardback). Well illustrated by old photographs, Timmins documents the hist…
New World reserve estimate boosts contained gold by 69%
A final calculation of preliminary reserves at the New World property owned 100% by Crown Butte Mines (TSE) shows that 88% of the project’s contained gold and 76% of tonnage are classed as underground…
PEOPLE (March 30, 1992)
Vern Hall appointed director.
LETTERS TO THE EDITOR (March 30, 1992)
Manitoba is a province that has learned the hard way what devastation and havoc a New Democratic Party government can bring, not only to mining but also to manufacturing. Believe me, I have been there…
GOLD FUNDS (March 30, 1992)
BGR Central Net Value $7.88 $5.03 Price $7.38 $4.55 Discount 6.35% 9.5% Value $46,889,000 $76,550,565…
Copper price to hold in ’92
The price of copper is expected to hold firm, in the range of US90 cents-$1.10 per lb. in 1992, predicts the chairman of Phelps Dodge (NYSE). Douglas Yearley, speaking at an American Copper Council me…
Pure Gold optioning claims
An option to acquire 56 claims surrounding the old No. 5 and Empress mine workings at the Britiannia Mines property in British Columbia has been negotiated with the property owner, Pure Gold Resources…
Geoscience project setting up shop in Whitehorse
A geoscience project employing at least 17 people is setting up shop in Whitehorse under a 5-year Mineral Development Agreement (MDA) between the Yukon and federal governments. Acting MDA co-ordinator…
Metal Prices (March 30, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar 24 Mar 23 Mar 20 Mar 19 Mar 18 Copper 1291-1292 1287-1288 1302-1303 1301-1302 12…
Rio Algom increases stake in St. Philips with options
Pursuant to an agreement signed in early 1991, Rio Algom (TSE) recently purchased an additional 296,942 shares of St. Philips Resources (VSE). The purchase, comprised of 259,286 deferred options exerc…