PRODUCER PRICES (February 24, 1992)
ALUMINUM: MW U.S. market US57.25-58.75 cents per lb. (Feb. 13, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$2.90-3.10 per lb. (Jan. 23, 1992). CAD…
News
$400,000 program planned for Brewery Creek project
A $400,000 exploration program will begin shortly on the Brewery Creek property near Dawson, Yukon, a bulk-tonnage gold project owned 51% by Hemlo Gold Mines (TSE) and 49% by Loki Gold (VSE). The prog…
Insider Trading (February 24, 1992)
Roy Shipes, chairman of emerging U.S. copper producer Arimetco International (TSE), recently sold a big block of stock at a significant discount to the recent market price. According to the Ontario Se…
NEWS IN BRIEF (February 24, 1992)
Teriton Resources Ltd. (TRN:VSE) has changed its name to Mashiach Capital Inc. (MAS:VSE) with a consolidation of capital on a 1-new-for-4-old-share basis.
Cameco drills Holberg project
Saskatchewan-based Cameco (TSE) recently completed a 6-hole drilling program on the Holberg Inlet property near Port Hardy, B.C. Cameco has the right to earn a 60% interest in the property by spending…
Black Cliff studies recycling plant
Toronto-based Black Cliff Mines (TSE) has initiated a feasibility study regarding the economics of establishing a plastics recycling plant in Nova Scotia. Black Cliff is already involved in this line …
Spot prices at a glance (February 24, 1992)
Week’s Price (US) Change Gold* $352.35 $4.00 Silver* $ 4.06 $0.14 Platinum* $358.50 $9.00 Nickel** $ 3.67 + $0.16 Lead** $ 0.23 $0.00 Copper $ 1.00 + $0.01 Zinc $ 0.50 $0.00 Courtesy of Scotiabank. In…
Crystal Peak awaits permits
Management of Polestar Exploration (VSE) is putting some of the blame for the loss of its listing on NASDAQ on continued delays in receiving operating permits for the Crystal Peak garnet quarry near H…
Falco’s Collahuasi rivals Escondida as top copper find
Recent surface and underground exploration on Falconbridge’s Collahuasi project in northern Chile has uncovered a copper reserve that could rival Escondida, one of the largest copper deposits in the w…
Ontario target of Hemlow’s main exploration effort
While other Toronto-based companies are flocking to less-regulated environments, Hemlo Gold Mines (TSE) plans to spend about 40% of its $15 million, 1992 grassroots budget on gold projects in Ontario….
LETTERS TO THE EDITOR (February 24, 1992)
Your front-page story (T.N.M., Feb. 10/92), especially the reference to the Prospectors and Developers Association of Canada (PDAC) endorsing the continued role of Shelley Martel as Ontario’s minister…
Monk leases Surluga mill
Monk Gold and Resources (ASE) plans to have the Surluga mill near Wawa, Ont., up and running sometime this spring after reaching a lease-to-purchase agreement with owner Citadel Gold Mines (TSE). The …