Kemess enters development stage
Owners of the South Kemess copper-gold project have filed the first of two documents required for approval of mine development with the British Columbia government. El Condor Resources (VSE) and St. P…
News
Consultant predicts copper price hitting $1.40 in ’93, $2 by ’95
Copper will rise to US$1.40 per lb. in 1993 and US$2 in 1995 says consultant William Hill of MPH Consultants Ltd. Hill, who has 25 years of experience in consulting to the copper industry, was speakin…
Starmin plans warrant offering
Toronto-based Starmin Mining (TSE) says it has negotiated an agency agreement with Yorkton Securities for a private placement of 312,500 special warrants at 72 cents per warrant, on a best efforts bas…
U.S.REPORT (March 23, 1992)
Joint venture partners Texas Star Resources (VSE) and Harrison Western Mining recently signed a deal with a subsidiary of Cyprus Minerals (NYSE) to fund a bankable feasibility for the Keystone project…
Radisson drilling uncovers new structure at Duquesne
A new deep structure has been discovered on the Duquesne property north of Rouyn-Noranda, Que., Radisson Mining Resources (ME) reports. The company recently undertook a 4-hole program in hopes of reac…
Copper trade beckons B.C. west — About $1 billion in B.C. copper
British Columbia has a long history of trade with Japan, which today is the province’s second largest trading partner and which purchases almost 30% of the province’s total exports in terms of value. …
Metal Prices (March 23, 1992)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar 17 Mar 16 Mar 13 Mar 12 Mar 11 Copper 1275-1276 1290-1292 1300-1301 …
OMA alarmed by revised Hydro plan
As environmental hearings on Ontario Hydro’s 25-year, demand-supply plan enter their second year, the Ontario Mining Association (OMA) is growing increasingly concerned about the direction the plan is…
Cambior output up, earnings decline
Gold production in 1991 totalled 312,665 oz., Cambior (TSE) reports, up by 31% from the previous year. Net earnings plunged, however, to $13.9 million from $23.9 million in 1990 on about the same reve…
GOLD FUNDS (March 23, 1992)
BGR Central Net Value $8.13 $5.17 Price $7.50 $4.500 Discount 7.77% 13.0% Value $48,416,000 $75,709,350…
Temisca drills East-Bay prospect
A drilling program on the East-Bay gold property of Ressources Temisca (ME) in Clericy Twp., northeast of Rouyn-Noranda, Que., is complete. The company, still awaiting all of the assays, says hole No….
TORONTO STOCK EXCHANGE INDICIES
Mar 17 Mar 16 Mar 13 Mar 12 Mar 11 High Low Composite “300” 3439.84 3444.14 3475.79 3479.84 3503.57 4009.47 3009.91 Metals & Minerals2968.93 2961.53 2985.40 3002.51 3030.39 3453.06 2502.63 Integrated …